Send Us Your Tired, Your Poor (Whoops, That’s Us)

AP reports that the FDIC ranked Massachusetts 45th out of the 50 states for job growth in Q2 this year and New England, 8th out of the 9 regions nationally.


This is due to several factors: loss of population in Mass., slow population growth in New England generally, and the local dependence on technology jobs.
Mass. has gained only a quarter of the 207,000 jobs lost since 2001.
The only folks worse off than us are the East North Central region that used to be known as the rust belt: Illinois, Indiana, Michigan, Ohio and Wisconsin.
On the other hand, the geniuses at the Division of Unemployment Statistics claim that the rate of joblessness here is a mere 4.2%. As they say, figures don’t lie, but liars figure.
After all, how else could Mitt run for President in 2008?