It looks like Governor Patrick’s pledge to create 100,000 new jobs is one campaign promise he’s not going to deliver, as the ranks of the unemployed in Massachusetts continued to climb during the month of November.
According to the official figures recently released by the Department of Labor and Workforce Development, the state’s unemployment rate now stands at 5.9 percent, which is the highest it’s been since August of 2003. Another 8,000 jobs were lost in November, and with October’s jobless numbers just revised upwards from 7,000 to 8,000, the state has now lost 19,100 jobs in just the last four months.
Don’t expect things to get better anytime soon. Economic forecasters are predicting that the state could lose anywhere from 26,000 to 100,000 jobs by the time Patrick’s first term ends in 2010.