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November 19, 2015

Massachusetts jobs up 63K in 2015

Massachusetts employers added 11,000 jobs in October and job losses in September, originally reported at 7,100, were revised downward to 2,200, state officials reported Thursday morning.

According to the Executive Office of Labor and Workforce Development, Massachusetts employers have added 62,800 jobs over the first ten months of 2015.

The state's unemployment rate in October held at 4.6 percent, down from 5.5 percent in October 2014.

There were 164,000 unemployed residents in Massachusetts during October, or 32,000 fewer than in October 2014. The labor force decreased by 8,700 from September, as 9,600 fewer residents were employed and 900 more residents were unemployed over the month.

Aides to Gov. Charlie Baker, who was elected about a year ago after running on a job creation platform, this week unveiled the broad themes of an economic development plan and said the governor eventually plans to propose legislation aimed at accelerating job growth.

"Massachusetts continues to add jobs, and the labor market is strong. We frequently hear from employers that they have jobs to fill, which is a good position for the state to be in," Labor and Workforce Development Secretary Ronald Walker II said in a statement Thursday.

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