Title: Talk Around the Globe: Economic recovery

" Around the globe on. CNN in today's -- around the globe economic recovery in Massachusetts how does the -- state compared to other parts of the country and what -- the key sectors in the turnaround. Business reporter rob Gavin writes about it in today's globe he's in the globe newsroom rob thanks for joining us that's. Most analysts that NEC Ennis talked -- and I'm sure the globe was talked to have agreed that this will be eight jobless recovery. So what are we seeing as far as jobs in Massachusetts."

" It's well. Last month with as -- stepped back that believe that we lost. More than 9000 jobs after what had been. A pretty steady trend of declining job losses so -- sort of taken a step back looking ahead. Again it's gonna be tomorrow. Along some hard going ahead Republican continues the unemployment. -- Rise and companies still cutting back count."

" So what are employers saying about it why are they continuing to lag on hiring."

" Well alone and how does it do with confidence that. They're not quite sure how real this recovery is how long it might last. Before they loose they wanna start hiring people dream on and taking on the costs. -- new employees they wanna be sure that this thing is gonna last that's gonna be sustainable if you're gonna see some long term growth."

" With the job losses how does Massachusetts compared the rest of the nation."

" Well. Would -- a little bit better. Our unemployment rate is about a half point lower. We've lost about in this recession we've lost about 4% of our job to a little less than 4% average compared to more than 5% nationally. We have been. The fact there's -- have been hardest hit this recession. Housing construction. Automobiles when candidates both of them as other parts of the country."

" And you write about particular sectors and the -- state that will be key. To the turnaround what are those --"

" Well of course technology has always been one of our I think our our key factors and things are looking better for technology a lot of analysts think that technology is -- lead us out. Particularly. Is some overseas economies come back to be -- ninety goods that's good for us it's good for manufacturers. You know. A lot of related countries is and -- isn't technology products of course are. -- Biotech centers are solid. Jon Gruden pollutants flow for awhile with them could slow but they're underneath dilute the produce talent."

" And in life sciences in Biotech in particular. Could be affected by it what happens in Washington."

" I absolutely. That's part of the big question. What have the health care reform. Has an effect prices have an effect cost controls. And how it's gonna filtered down into not only are our healthcare sector of the hospitals and other biotechnology. Which depends a lot. I'm sure he's picking up on insurance and government policies or -- for sells the product."

" As far as the forecast looking ahead to that next year or so. How does that forecast compared to other recent economic recoveries that we've been --"

" Through what where -- food and better -- we've been the last two. Recession. I'm who assist the last two decisions really bad -- that. -- where we live in technology in particular are are. Indices that went -- really tough structural changes. And the -- the for a long time you rebound. This time. -- these indices -- pretty good shape. With the economists have to pick up there and if they're picking up minister adding how do not -- had to go through that same type of really slow painful restructuring that we've gone -- and in previous recessions."

" Business reporter rob GAAP and as always thanks for joining us thank you bet."