Housing Report Shows Strong Economy, But Growing Poverty

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By Alison Bruzek | WBUR A report out today from The Boston Foundation says the Greater Boston economy is booming — but the rising cost of living means that now, more than 16 percent of families are living in poverty. According to the annual Greater Boston Housing Report Card, income inequality in the region remains among […]

Report Finds Housing Permits Down In Greater Boston

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By Bob Oakes | WBUR A new report finds that after years of increases, there’s been a decline in the number of housing permits issued this year in Greater Boston, “especially in core cities and for multi-unit developments.” The report is the annual Boston Housing Report Card, from The Boston Foundation. Its lead author, Barry Bluestone, told […]

Rising mortgage rates unlikely to dampen Boston real estate

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By Katheleen Conti | The Boston Globe Mortgage rates are on a post-election spike that some observers said marks the end of the historically low rates that homeowners and house hunters have been enjoying for the past five years. Rates for 30-year loans this week edged over 4 percent for the first time in 2016, […]

In Trump times, cities must lead on climate change

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By Joan Fitzgerald | The Boston Globe As a candidate, Donald Trump vowed he would abandon the Paris Agreement, reverse President Obama’s climate initiatives, and bring back coal. As president-elect, he’s been more circumspect, but his appointment of climate-change denier Myron Ebell to head the transition at the EPA suggests he may try to make good on […]

Mass. loses 5,000 jobs, but rate plunges

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By Jordan Graham | Boston Herald Massachusetts lost more than 5,000 jobs and fewer people looked for work last month even as the unemployment rate plunged to 3.3 percent last month. Experts advised job losses may not indicate a slowing labor market. “A lot of the decline in employment is due to sampling error,” said Alan Clayton-Matthews, […]

Harvard, janitors reach deal that may have ripple effect

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Deal could set bar for wages in other states By Katheleen Conti | Boston Globe In a span of just five months, thousands of low-wage union workers in Greater Boston have racked up victories against powerful institutions and employers, at a time when the discontent of the working class shaped the presidential election. The latest came […]

US economy grew at 2.9 percent rate in third quarter

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By Deirdre Fernandes | The Boston Globe The Massachusetts economy expanded at an accelerated pace in the third quarter of 2016, faster than the national economy, which had its biggest gains in two years, the University of Massachusetts reported on Friday. The state’s economy grew at 3.7 percent in the three months ending in September, compared […]

Shawsheen Tech to host forum

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By Wicked Local Billerica Shawsheen Valley Technical High School will host a forum on Jobs of Today and Tomorrow and the Future of Work from 7 to 9:15 p.m. Oct. 27 at 100 Cook St., in Billerica. The forum will feature a panel of industry and academic experts with deep knowledge of the Massachusetts labor market. […]

It’s time for vocational schools to get some respect

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Mass. employers depend on their graduates and say more must be done to address long wait lists and out-of-date facilities. By Deborah Halber | The Boston Globe On a Monday morning in late spring, city buses arrive like clockwork on Malcolm X Boulevard, disgorging students hunched over cellphones, earbud wires trailing down the fronts of […]

How To Close Boston’s ‘Stubbornly Large’ Homeownership Gap?

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By Anthony Brooks, Alison Bruzek and Kassandra Sundt | WBUR Wealth and income disparities has been a major theme of the presidential campaign, and it’s a growing issue here in Boston. This week, as part of a national conversation with NPR called “A Nation Engaged,” we explore the challenge of creating economic opportunity for more Americans. When […]

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