BOSTON — After a rough winter, the U.S. economy — and Massachusetts’ too — roared back in the second quarter 0f 2014.
LAWRENCE, Mass. — As of April, the seasonally unadjusted unemployment rate in Lawrence was 11.9 percent, more than double the state’s jobless rate of 5.6 percent.
But, at the same time, this old industrial city has been adding jobs at a faster rate than the state. So, if the city is growing jobs, why is unemployment so stubbornly high?
By Benjamin Swasey | WBUR.org| July 9, 2013 BOSTON — With limited quality public transportation, many low-income Latino residents across Massachusetts are reliant on cars, and it’s adversely affecting their finances and job choices, a new report (PDF) argues. The study — comprised of surveys conducted in East Boston, Lynn, Springfield and Worcester— finds that a majority of respondents rely, […]
By Fred Thys | WBUR | January 14, 2013 BOSTON — With the release of a long-awaited transportation financing report (PDF) on Monday, Gov. Deval Patrick is proposing to expand rail service across the state. Patrick is endorsing a plan by the state Department of Transportation that would fund rail service from Pittsfield to New […]
BOSTON — There are mixed signs in the state’s housing market. Foreclosure petitions — the first step in the process — have dipped to their lowest level this year. But according to the Warren Group, more petitions were filed last month than in June 2011.
The Massachusetts Association of Realtors says its market index is up 103 percent from last year. While home prices are also higher than this time in 2011, they’ve dropped over the past two months, so it’s still a volatile market.
Housing expert Barry Bluestone monitors the housing market as the director for the Dukakis Center for Urban and Regional Policy at Northeastern University. He joined Morning Edition Monday to talk about the market in greater Boston.
January 01, 2012 | The Boston Globe
By Jay Fitzgerald
The economic optimists have to get it right one of these days. Will this be the year?
With the nation struggling with a subpar recovery, the outlook for 2012 remains muddled. There’s still plenty to worry about, but also hopeful signs.
On the dark side, there’s the European debt crisis, and a jobless rate that is still historically high. The housing market remains in a funk. Crude oil prices are moving upward again.
“There’s not much to look forward to in 2012,’’ said Alan Clayton-Matthews, an economist at Northeastern University in Boston. “It’s going to be slow growth for the year, I fear.’’