Mayor stresses need for ‘sense of urgency’ to face challenges in Braintree

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By Robert Aicardi | Wicked Local Braintree Those who attended the ninth annual business community breakfast hosted by the Braintree Chamber of Commerce, which launched in January 2013 under the umbrella of the South Shore Chamber of Commerce, received food for thought along with food provided by Fasano’s Catering. “As someone once said, I would rather […]

Economy grew faster in Mass. than in US for first quarter

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By Deirdre Fernandes | The Boston Globe While the US economy limped through the first quarter, posting the slowest pace of growth in two years, the state’s economy kicked into higher gear. The Massachusetts economy grew by 2.3 percent in the first quarter of 2016, the University of Massachusetts reported Thursday, up from 1.4 percent in the […]

Vocational High Schools Make Pitch As Solution To Mass. Workforce Woes

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By Mike Deehan | WGBH News One of the hottest debates on Beacon Hill and in Boston City Hall is over public school funding. Teachers and students want more from their communities and those communities want more aid from the state. There’s also the matter of adding more charter schools to the mix and how to fund […]

Are Boston Rents Slowing?

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A new housing report from real estate firm REIS says monthly rents in Boston increased by just .1 percent in the first quarter of this year. After five years of increases, the slowdown appears to be good news. Yet, the average apartment in Greater Boston still rents for over $2,000 a month. It turns out, if you […]

State jobless rate hits 4.5%, lowest in nearly 15 years

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By Deirdre Fernandes | Globe Staff The state’s unemployment rate in February dropped to its lowest point in nearly 15 years, as the Massachusetts economy continued to expand. The Massachusetts unemployment rate was 4.5 percent, the lowest since December 2001, as employers added 13,300 jobs in February, the state Executive Office of Labor and Workforce Development said […]

Why Aren’t Millennial Wages Growing?

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Brendan Duke, associate director of economic policy at the Center for American Progress. Author of the new report, “When I Was Your Age: Millennials and the Generational Wage Gap.” (@brendan_duke) Alicia Sasser Modestino, professor of economics and public policy at Northeastern University. (@SasserModestino) Center for American Progress: When I Was Your Age — “By all […]

Mass. Senate Committee Crafts Plan To Address Housing ‘Crisis’

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By Simón Rios | WBUR A special committee of the state Senate is calling for action on a slate of issues that add up to what they say is a housing crisis facing Massachusetts. “Across the commonwealth, low rates of housing production have not kept pace with population growth and need,” said state Sen. Linda Dorcena-Forry. The Democrat, […]

Baby boomer retirements may slow Mass. economic growth

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By Deirdre Fernandes | Globe Staff The biggest hurdle to the state’s economic growth isn’t a slowing Chinese economy, collapsing oil prices, or gyrating financial markets. It’s your graying co-worker. The long-predicted wave of baby boomer retirements — delayed by the recession of 2007-2009 — is beginning to hit companies in Massachusetts and across the […]

Mass. economy follows pace of US

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By Deirdre Fernandes | Globe staff The Massachusetts economy downshifted significantly at the end of last year, felled by broader weaknesses in the US and global economy, the University of Massachusetts reported Friday. After expanding by a 5.7 percent annual rate in the second quarter of 2015 and 2.4 percent in the third, the Massachusetts […]

Boston homeownership keeps sliding

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By Tim Logan | Globe staff The homeownership rate in Greater Boston plunged last year, according to data released Thursday by the US Census Bureau, dipping below 60 percent for the first time on record. The decline is in large part attributed to the recent population growth, driven by a wave of young adults moving […]

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