The economy continues to improve across the state. The unemployment rate has dropped with the creation of close to 15,000 jobs every year. In 2005, the unemployment rate was 4.8% and has dropped in 2006 to 4.7%. Earnings have also increased 3.5% annually in the years 2003 and 2004.
Massachusetts has 1,878 schools in the state. In these schools, they spend an average of $10,986 per student annually on education. The education of all students is taken very seriously. In 2003, the fourth graders who passed basic requirements were at 84%. The number jumped to 91% in 2005. The eighth graders who passed the basic requirements for math was at 76% and increased to 80% in 2005. The graduation rate was 84.8 in 2000.