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State Survey Results Show More Employers
Hiring
Job
vacancies in Massachusetts are up significantly across several high-paying
sectors, according to results of a state survey of thousands of employers
released on Tuesday.
According to the state’s
Job Vacancy Survey, which posed questions to more than 6,000 employers
during the fourth quarter of 2004, 29 percent of companies expected to
increase hiring – and only 8 percent expected to decrease hiring.
That’s an improvement over the fourth quarter of 2003. Another 50
percent of employers predicted no change in their hiring patterns, with
13 percent undecided.
State officials said they are
encouraged by a surge in demand for workers in the manufacturing, life
sciences, and professional and technical services sectors. The survey
results also showed 38 percent of large firms – those employing
250 people or more – planned to hire during the next six months
and only 7 percent predicted a decline in hiring.
Another trend, the scrutiny
of corporate finances, appears to be triggering a demand for business
and financial analysts, as job vacancies for finance and insurance workers
increased by 20 percent, according to the survey results, which were released
by the state Department of Workforce Development. While its job count
is still down from its January 2001 peak, Massachusetts has added jobs
for ten straight months, and its unemployment rate in June stood at 4.7
percent. The rate for July will be released on Aug. 18.
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