Obama will leave office with unemployment at 4.7 percent

bglobelogo

By Deirdre Fernandes | The Boston Globe On the month of President Obama’s first inauguration in January 2009, the US economy bled nearly 800,000 jobs and the unemployment rate was speeding toward its peak of 10 percent. He leaves office with the jobless rate down to 4.7 percent in December, wages showing their strongest pickup in […]

Worker shortages, moderate growth expected for 2017

bglobelogo

By Deirdre Fernandes | The Boston Globe The state’s leading economists expect the Massachusetts economy to grow at a moderate pace this year, but warn that the low unemployment rate could create worker shortages in certain fields, including construction and skilled manufacturing. “The Massachusetts economy is fast approaching full capacity,” the editorial board of the […]

You don’t have to outrun the bears, just the competition

SmallerLogo-Wicked_Local

By Frank Mand | Wicked Local Northeastern University Professor Barry Bluestone gave a lecture of sorts at the Board of Selectmen’s meeting last Tuesday, covering the town’s economic prospects, the recent presidential election and life in the little town of Truro. Bluestone also singled out one of his former students. After working with more than 3,000 […]

Economic assessment report reveals Plymouth’s ‘deal breakers’

SmallerLogo-Wicked_Local

By Frank Mand | Wicked Local The results of the Economic Development Self Assessment Tool – or EDSAT – are in and there are few surprises. The “deal breakers” keeping Plymouth from reaching its economic potential are 1) slow review processes, 2) limited parking, 3) insufficient infrastructure and 4) high rents. EDSAT, which was developed […]

Tax revenue forecasts all over map

commonwealth-magazine

By  Bruce Mohl | Commonwealth Magazine The state’s tax revenue forecasters are more than $1 billion apart in their projections for fiscal 2018, the largest gap between high and low estimates in the last six years. At a State House hearing on Monday with lawmakers and Baker administration officials who are trying to develop a consensus […]

Bay Watch: What Connecticut Can Learn From Massachusetts’s Job Growth

wnpr

By Lydia Brown & Lucy Nalpathanchil | WNPR Labor pains and lessons from the north. As Connecticut comes to terms with recent job loss, Massachusetts emerges as a regional leader in statewide job recovery. This hour, we explore the latest job market trends and find out what Connecticut stands to learn from the Bay State. Are […]

Housing Report Shows Strong Economy, But Growing Poverty

WBUR_logo

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 […]

Rising mortgage rates unlikely to dampen Boston real estate

bGlobe

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, […]

Mass. loses 5,000 jobs, but rate plunges

herald_icon

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, […]

Nearly 2 in 5 Massachusetts employers predict adding jobs in next 6 months

masslive

By Jim Kinney|Mass Live Massachusetts employers gained confidence in the economy in October, according to survey results issued Tuesday by Associated Industries of Massachusetts, a statewide business group. The state’s job market looked positive, according to the report. Nearly 39 percent of respondents reported adding staff during the past six months while 19 percent reported […]

MyNEUFind Faculty & StaffFind A-ZEmergency InformationSearch

360 Huntington Ave., Boston, Massachusetts 02115 • 617.373.2000 • TTY 617.373.3768
© 2013 Northeastern University