More families are struggling with poverty in Boston’s affluent suburbs

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By Katie Johnston | The Boston Globe Many suburbs around Boston are known for their good schools, picturesque downtowns, and steady stream of residents commuting to well-paid jobs in the city. But interspersed in this idyllic landscape is a growing number of families struggling to get by. The number of low-income children in many affluent communities […]

Bakeries are booming, but bakers are in short supply

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By Deirdre Fernandes | The Boston Globe Our hunger for bread and muffins may be insatiable, but grocery stores, restaurants, and pastry shops are increasingly struggling to find one key ingredient: the bakers to make them all. Massachusetts technology firms and health care companies have been in the trenches of the talent war for years, offering […]

Voc-tech schools are a Mass. success story

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4,400 students are on waitlists; let’s expand schools that work By Tom Birmingham | Commonwealth Massachusetts vocational-technical high schools are like the person who toils for years, only to be termed an “overnight sensation” when he or she finally achieves recognition. For over a decade the schools have quietly compiled an impressive record, and the time has come […]

State economy appears to slow in the 4th quarter

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Expected federal fiscal policy may provide boost in 2017; labor supply a major constraint By Mass Benchmarks Massachusetts real gross domestic product grew at an estimated annual rate of 0.5 percent in the fourth quarter of 2016 according to the MassBenchmarks Current Economic Index. Nationally, real gross domestic product grew at an estimated 1.9 percent […]

By the numbers

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The spike in ridership experienced by the MBTA since 2011, according to a new report by the Metropolitan Area Planning Council and the Northeastern University Dukakis Center for Urban and Regional Policy. The report also says car ownership fell by 4 percent and miles driven declined by 2 percent during the same period in Boston […]

Massachusetts jobless rate continues to drop

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By Colin A. Young State | House News Service The Massachusetts economy added 6,600 jobs in December as the state’s unemployment rate continued its downward trend, hitting its lowest level in 16 years. The state’s total unemployment rate ticked down one tenth of a percentage point to 2.8 percent last month — the sixth straight […]

Young workers seen as key to Mass. economic growth

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By Jeff Malachowski | MetroWest Daily News Attracting young workers from across the country and world is a key component to continuing economic growth in Massachusetts, one expert told business professionals Friday. “If we’re going to be successful in terms of growing the economy we have to have influxes of young workers into the state,” […]

Continued Growth Of Mass. Economy Depends On Immigration, Experts Say

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By Fred Thys | WBUR Massachusetts and New Hampshire have the strongest economies in New England, but experts say continued growth depends on immigration. That was one message delivered during an economic outlook conference hosted by the New England Economic Partnership at the Federal Reserve Bank of Boston on Tuesday. “We’re highly dependent on growing our labor […]

Obama will leave office with unemployment at 4.7 percent

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By Deirdre Fernandes | The Boston Globe On the month of President Obama’s first inauguration in January 2009, the US economy bled nearly 800,000 jobs and the unemployment rate was speeding toward its peak of 10 percent. He leaves office with the jobless rate down to 4.7 percent in December, wages showing their strongest pickup in […]

Worker shortages, moderate growth expected for 2017

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By Deirdre Fernandes | The Boston Globe The state’s leading economists expect the Massachusetts economy to grow at a moderate pace this year, but warn that the low unemployment rate could create worker shortages in certain fields, including construction and skilled manufacturing. “The Massachusetts economy is fast approaching full capacity,” the editorial board of the […]

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