Working in Massachusetts

Working in Massachusetts

The Commonwealth of Massachusetts is the largest state in New England. The official demonym, "Bay Stater" is not derived from the state's moniker, but from its location and island extensions into the Massachusetts Bay off of the Atlantic Ocean.

Boston is the state capital, and the surrounding Greater Boston metropolitan area is where two-thirds of the state's population resides. Boston and most of the 18th century inhabited towns in Massachusetts towns are prominent players in the historical foundation of the United States.

Historically, the economy primarily went from fishing and trade to manufacturing in the late 19th and early 20th centuries courtesy of the Industrial Revolution. The shift from manufacturing to today's predominantly services-oriented commerce is the vision for future generations.

History, cranberries, arts, and Boston's professional sports are some of the attractions that make Massachusetts a tourist destination. However, leisure and hospitality continues to be an unstable and small part of the state's overall economy. Fortunately for farmers and tourists, cranberry bogs still produce Massachusetts' number one commercial crop.

Seasonal jobs traditionally spike employment rates for the sector. However, many of the year round attractions are funded by the government or historical societies which have experienced major budget cuts. Thus, jobs have been lost and are unlikely to be replaced any time soon.

The unemployment rate in Massachusetts hovers around 6.0%, just under 25% less than the national average of 8.2%. Unfailingly, Boston reports below the state average at 4.8%. The average salary is $81,000/yr.

The private sector steadily report increases in the number of added positions as economic recovery continues. Within a year, over 40,000 new employees were welcomed into the Bay State workforce.

Leading the way, the Professional, Scientific, and Business Services sector retains the top spot in most active gains per month. The sub-sector, technical services, contributes significantly to that number and is projected to remain a positive force. Information technology and biotechnology companies are projected to continue rapidly expanding operations.

Trade, Transportation, and Utilities dependably follows as the second, major, non-farm industry group contributing to the improving employment picture. Each of the three categories tally up an impressive rise each month with the retail trade sub-sector steadily the leader in new hires.

The Education and Health Services, Manufacturing, and Financial Activities sectors break even with neither making any considerable move in either direction. However, Education and Health Services employ the most residents. Advertised positions for registered nurses are greatest.

The top three employers statewide are Brigham and Women's Hospital (BWH), Harvard University, and Massachusetts General Hospital (MGH) in that order. In Boston, BWH is the frontrunner with followed by MGH, second and Boston University School of Medicine, third.

The insurance industry is a major player in employing Bostonians. After health care, the Office of Labor and Workforce development lists Liberty Mutual, John Hancock, and Fidelity life insurance companies as part of the city's top 10 employers.

Government jobs statewide are on the decline. Although state and local public sector employment consistently posts gains, the larger drop in federal civil service plummets the sector into negative territory month after month.

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