Mixed Signs In Mass. Housing Market

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By Bob Oakes | WBUR | July 23, 2012

BOSTON — There are mixed signs in the state’s housing market. Foreclosure petitions — the first step in the process — have dipped to their lowest level this year. But according to the Warren Group, more petitions were filed last month than in June 2011.

The Massachusetts Association of Realtors says its market index is up 103 percent from last year. While home prices are also higher than this time in 2011, they’ve dropped over the past two months, so it’s still a volatile market.

Housing expert Barry Bluestone monitors the housing market as the director for the Dukakis Center for Urban and Regional Policy at Northeastern University. He joined Morning Edition Monday to talk about the market in greater Boston.

Mass. 2011 Job Growth Better Than Estimated

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Jacquelyn Gutc | Worcester Business Journal Online | July 12, 2012 Job growth in Massachusetts in 2011 was greater than originally estimated, according to a new MassBenchmarks census out today from the University of Massachusetts Donahue Institute. Economic journal MassBenchmarks estimates that the number of jobs in the commonwealth was 3,241,800, 30,000 more than the official payroll […]

Mass. job growth was 4 times greater than estimates

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By Megan Woolhouse | The Boston Globe | July 12, 2012 Massachusetts added nearly 40,000 jobs in 2011, four times the revised employment estimates reported earlier this year by federal officials, according to an analysis of newly released data by the University of Massachusetts. The new data, a census of Massachusetts employers compiled by the US Labor […]

Wisconsin law could have ripple effect for unions in other states

Wisconsin Unions Rally

By Chris Camire | SentinelandEnterprise.com | July 16, 2012 Union membership dropped dramatically in Wisconsin last year after the state’s governor signed a bill outlawing the automatic withholding of union dues from workers’ paychecks. If states like Massachusetts follow suit, it could lead to a dramatic weakening of public-sector unions across the country, said Barry Bluestone, a […]

The economics and politics of a recession like no other

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By Barry Bluestone | Boston.com | July 6, 2012 The latest news on the employment front is not good.  Indeed, it is terrible.  Last month, employers nationwide added a total of just 80,000 to their payrolls.  Back in January of this year, 275,000 jobs were created, a strong enough performance to reduce the national unemployment […]

Unemployment benefits period cut

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By Erin Ailworth | The Boston Globe | June 23, 2012

The amount of time people in Massachusetts can collect unemployment benefits will be reduced by about 13 weeks as a result of the state’s steadily declining jobless rate.

As of Saturday, unemployed workers in Massachusetts will receive a maximum of 60 weeks of benefits, down from 73 in February, and 99 weeks during the worst of the recession in 2009. With the reduction, the state estimates about 1,600 people a week will exhaust benefits.

“It’s a good news, tough news story because there just isn’t a black and white picture of the recovery,’’ said Jennifer James, the state’s undersecretary for workforce development. “Yes, the recession is over and the economy is recovering. But if you are still the person who is unemployed, it doesn’t make you very happy.” Read More

New skills key to region’s economic future

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By James T. Brett and Alan Clayton-Matthews | Gatehouse News Service | June 28, 2012 At the recent New England Economic Partnership conference, economists from around the region discussed the outlook for this part of the country. As it has been for several years, the economic forecast was tempered: The region is expected to experience […]

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