Massachusetts Sheds 800 Private Sector Jobs in February

Buried in the numbers of the latest unemployment headlines that scream “Massachusetts Unemployment Rate Drops to 4.9%” is the fact that the Commonwealth shed 800 private sector jobs last month.  The Boston Globe has the story.

The private sector lost 800 jobs last month, with 1,600 new government jobs pushing the monthly total into positive territory. That compares to total hiring of 5,500 in Feburary 2014, state data show. The estimated number of jobs added in January was revised downward, from 2,600 to 900.

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