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On The Record With Paul Guzzi
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On the Record with Paul Guzzi
On the Record with Paul Guzzi
On the Record: Paul Guzzi
(NECN) – It’s time to go on the record with the Greater Boston Chamber President and CEO Paul Guzzi.
It was a good week of economic news here in Massachusetts, and he joined us to break it all down.
We learned the Massachusetts unemployment rate for October remained steady at 7.3 percent. How many jobs did the state add and where are those jobs?
“It is good news. Ten thousand plus jobs this past month. Forty-five thousand plus year-to-date. The main drivers were higher education and health care. Little bit of decline in tourism and a little bit in IT, but overall solid,” said Guzzi. “Slow growth is better than no growth”
Guzzi said he has received calls from other states asking for advice.
“We have talent. We have great colleges and universities. Talent drives innovation. And I believe there is a welcoming attitude here in Massachusetts that perhaps in the past didn’t exist. We want employers to come here or to expand,” Guzzi said.
Three casinos and one slots parlor are closer than ever to reality; Governor Patrick is expected to sign the measure soon.
Do you think three casinos in a relatively small state is too much?
“I think ultimately the market place will determine,” Guzzi said.
When you look at the list of development projects springing up in greater Boston, you almost wonder if the economy is truly weakened.
“I think we’re considered to be a hot state and a hot region. Frist, a dozen or so projects right here in Boston. Second, in Weymouth,” Guzzi said.
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