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Senator Moore proposes economic stimulus and jobs package |
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February 7, 2005 - The state unemployment rate held steady at 4.6 percent for the fourth consecutive month, but the state lost 3,300 payroll jobs and employers remained cautious about adding workers, according to a January report by the Labor Department. The report noted that Massachusetts ended the year with a jobless rate well below the 5.9 percent reported during the peak of the national recession in December 2003, and lower than the current national figure of 5.4 percent. The slow rate of recovery has caused some legislators to look for ways to further stimulate economic growth. Senator Richard T. Moore (D-Uxbridge), this week sent a letter to Senator John A. Hart, Senate Chairman of the Economic Development and Emerging Technology Committee proposing an economic stimulus and jobs package designed to boost the state’s economy and create new jobs with good salaries and benefits. “My proposals will encourage jobs in construction and technology that are good jobs for workers and that have been proven to stimulate the economy along with the investment in materials and equipment,” the Senator explained. One of the major components of Moore’s bill is the Advanced Technologies in Health Care Trust Fund. This trust fund will allocate $50 million to the growth of health care technologies that create good paying jobs in high technology fields and simultaneously lower health care costs and improve patient outcomes. In particular, $30 million is devoted to establishing computerized physician order entry (CPOE) systems in our hospitals. CPOE systems can improve patient outcomes and lower the costs of health care for everyone. The Trust Fund will be administered by the Massachusetts Technology Collaborative (MTC). "Our analysis shows that by implementing advanced technologies we can dramatically improve the quality of care patients receive while saving hundreds of millions of dollars annually that can be redeployed in the Massachusetts health care system," said MTC Executive Director Mitchell Adams. "Working together with Senator Moore and other leaders in the Senate, we have a tremendous opportunity to enhance both access to and affordability of top quality health care for citizens across Massachusetts." Among the other key features of Moore’s bill are: |
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| For more information on Senator Moore’s ideas for job creation and emerging health care technology, please visit his website at www.senatormoore.com |