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, […]
Boosting the city’s population of residents without school-age children could also weaken support and investment in Boston schools and educational programs while at the same time increase demand for senior services in cities, say some experts. “Why am I paying such high property tax to send others to schools?” said Barry Bluestone, an author of the Boston Foundation report and director of Northeastern’s Michael Dukakis Center for Urban and Regional Policy.
By Chris Burrell The number of homeless families being sheltered in motels paid for by the state has soared to a record-setting 2,038, an increase of 66 percent statewide since May. State officials promised in January to phase out the controversial practice of putting homeless families in local motels when shelters are full, but the […]
Economists: Fed budget policies hurt Mass. By Jordan Graham | Boston Herald | June 28, 2013 The state economy, despite performing well compared to the rest of the country, has begun to stall due to federal tax and budget policies, a group of local economists said yesterday. The MassBenchmarks Editorial Board, made up of economists […]
By Marie Szaniszlo | The Boston Herald | June 19, 2013 Massachusetts is considering allowing small manufacturers to use computers at the Green High Performance Computing Center in Holyoke to help make parts for larger manufacturers, state officials said yesterday. The plan, which is still in the conceptual stage, is part of a broader effort to […]
U.S. consumer spending slips, income stagnates By Jordan Graham | The Boston Herald | June 1, 2013 Spending in the U.S. dropped for the first time in a year and income stagnated according to the U.S Department of Commerce’s report yesterday on the April economy — released even as consumer confidence numbers hit a six-year […]
Experts: Mass. economy will bounce back next year By Ira Kantor | The Boston Herald | May 23, 2013 The Bay State’s economy will grow slowly this year before bouncing back in 2014, while the state’s unemployment rate is poised to fall to 5.2 percent by the last quarter of 2017, according to an economic […]
Mass. loses 5,500 jobs in March; jobless rate 6.4%
Ira Kantor | The Boston Herald | Thursday, April 18, 2013
Massachusetts job growth took a hit last month as payroll tax increases and federal budget cuts have begun to grip the local economy tighter, particularly in sectors like construction, manufacturing and professional, scientific, and business services, experts said today.