Friday, December 9, 2011.

Massachusetts Employers Have More Confidence… So Why Aren’t There More Jobs?

Employers in Massachusetts have more confidence, according to a monthly poll from Associated Industries of Massachusetts.  The Business Confidence Index rose from 46.4 points in October to 50.1 points in November. That’s a 3.7 point increase. But before you get too excited, keep reading.

The Boston-based business lobbying group measures confidence on a 100-point scale with 50 being “neutral.” So while confidence has increased, the numbers are still tepid for the Massachusetts economy.

The good news is, 75 percent of business executives say they aren’t planning on cutting jobs in the next six months. The bad news? They aren’t planning on adding jobs either.

In a piece for The Republican on MassLive.com, Michael D. Goodman, chairman of the Department of Public Policy for the University of Massachusetts at Dartmouth, says the wait-and-see method is “not a recipe for the kind of job growth we are going to need in order to get out of this hole.”

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