Researchers at Northeastern University estimate that Massachusetts manufacturers will have to fill 100,000 jobs over the next decade just from retiring workers, let alone from any new jobs created.
According to the US Census, the population in Barnstable County is declining and the fastest losses are in the 25 to 44-age category. Between 2000 and 2010 nearly fifteen Thousand young adults left the Cape, a decrease of 26.8%. Barry Bluestone, Founding Director of the Dukakis Center for Urban and Regional Policy at Northeastern University talks about how they administered the Shape the Cape Survey.
Megan Woolhouse | The Boston Globe | July 30, 2014 The Massachusetts economy shook off its winter doldrums and rebounded strongly in the spring, according to an analysis by the University of Massachusetts and the Federal Reserve Bank of Boston. The state’s economy expanded at annual rate of 4.9 percent in the three months from April through […]
The number of jumbo loans used for home purchases has skyrocketed in Massachusetts, as buyers take out bigger mortgages to pay for increasingly expensive homes. Lenders, from local banks to mortgage giants, say that at least 30 percent of their loans are now jumbos, compared with about 10 percent in recent years, fueled by a market where home prices in some communities have now surged past prerecession highs.