September job loss largest since January of 1991

Today the Bureau of Labor Statistics reported that Massachusetts lost 20,900 jobs in the month of September. On queue the Division of Workforce and Labor attributes the losses to seasonal losses in travel and tourism.  The numbers paint a different story however.  

First the loss of 20,900 jobs is the largest job loss since Juanuary of 1991 when at the end of Mike Dukakis’ final term as governor the Commonwealth shed 42,900 jobs (source: Bls.gov).  You can’t explain away a close to 21,000 job loss as “seasonal”.

Second if the losses are truly seasonal you would expect the number of employed to go down every September.  This is just not the case.  In the 21 Septembers from 1990 to today seasonally adjusted employment has gone up in 13 of the 21 Septembers.

The numbers just don’t match the rhetoric coming out of the Deval Patrick Administration.

BLS.gov data after the jump.

About Rob "EaBo Clipper" Eno

  • this is great news.population is moving out of state,jobs are moving out of state,un-employment is up,poverty is up,last one please turn out the lights.wait,lets stay and vote out the dilettantes that have run the commonwealth into a third world state.

  • Funny how two people can look at the unemployment news and come to different conclusions.

    From BMG:

    The unemployment rate here in the Commonwealth dropped from 8.8% to 8.4% last month, continuing Massachusetts’s best-in-the-nation recovery from the worst recession since the Great Depression. This marks the steepest drop in the rate since 1976.

  • Between 1990 and 2007, the U.S. experienced a 26.6% net gain in jobs; Massachusetts experienced a net job loss of 0.3%.  

    http://www.pioneerinstitute.or

    The same piece goes on to note that the current approach of cherry picking specific industries is not a winning proposition–

    Economic development policy should place less emphasis on interstate relocation and more on creating a climate that is welcoming for all businesses, not just targeted industries or companies. Enticing companies to move to Massachusetts or providing special deals to keep companies here has been an economic development staple.

    This is like playing the lottery: The odds are long and, though some people win big, everybody else loses. Right now, Massachusetts is losing. Many more firms have moved out in the last decade than have moved in, accounting for the loss of 24,088 jobs.