Summer jobs boost employment skills, academic aspirations, study finds

bGlobe

By Katie Johnston | The Boston Globe Summer jobs aren’t just a way for teens to earn extra cash and stay out of trouble. They also improve job readiness skills, lead to greater academic aspirations, and build stronger community connections, especially among youth of color, according to a new study out by the Federal Reserve Bank of […]

If you think Boston is crowded now, just wait

bGlobe

By Jon Chesto | The Boston Globe A sea of brake lights on the Southeast Expressway. Rush-hour madness to squeeze onto a Red Line train. Long lines at Logan International Airport. Those are already familiar scenarios to many local commuters. But if you think getting in and around Boston is tough right now, just wait 15 […]

Housing boom isn’t hitting Boston suburbs

bGlobe

By Tim Logan | Globe Staff These are boom times for building in Greater Boston. But really only in parts of it. The epic surge in housing construction that is reshaping Boston and some of its immediate neighbors is largely bypassing many suburbs and the smaller cities that ring the region. And that, industry specialists […]

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

bGlobe

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 […]

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

bGlobe

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 […]

Baby boomer retirements may slow Mass. economic growth

bGlobe

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

bGlobe

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

bGlobe

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 […]

Making it that ‘final mile’ to work in suburbia

bGlobe

By Emily Sweeney | Globe Staff Say you take the commuter rail to work in the suburbs west of Boston. After you step off the train, you need to find a ride to reach your office. Do you call a taxi? Request an Uber? Wait for a shuttle bus? Wait . . . is there a shuttle […]

The next act: As the line blurs between industrial and technology companies, Boston is a natural draw for companies like General Electric

bGlobe

By Jay Fitzgerald and Deirdre Fernandes | Globe staff After a long erosion of its industrial base, Massachusetts last week landed one of the world’s biggest industrial companies. The decision of General Electric Co. to move its headquarters to Boston highlights how the local economy has come full circle, through decades of invention and reinvention, to be […]

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