Mass. ahead of U.S. rebound

Written By Unknown on Sabtu, 03 Mei 2014 | 16.30

Massachusetts employers increasingly have been more confident about hiring, reflecting the nearly 300,000 jobs added nationally last month — the most in two years.

"We're moving out of the post-recession into the post-recovery," said Andre Mayer, senior adviser at Associated Industries of Massachusetts. "We already have been seeing the improved hiring picture reflected in the latest national numbers."

U.S. employers added a robust 288,000 jobs in April, the strongest evidence to date that the economy is picking up after a brutal winter slowed growth.

The Labor Department also said yesterday that the national unemployment rate sank to 6.3 percent, its lowest level since September 2008, from 6.7 percent in March.

Massachusetts numbers for April have not yet been released. But in March, unemployment was already at 6.3 percent after falling for the third consecutive month, and employment hit a record high, with about 3.4 million people holding jobs.

Jon B. Hurst, president of the Retailers Association of Massachusetts, said increasing consumer confidence and spending are fueling hiring.

"The challenge is that the job growth is still more concentrated in Greater Boston — other parts of the state are still seeing higher unemployment rates — and the unemployment rate masks the still large number of discouraged workers," said Daniel Hodge, director of economic and public policy research at the UMass Donahue Institute. "But in general, the economic news and trends appear to be quite positive for both the U.S. and Massachusetts."


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