Employers who don’t want to find themselves in a short on staff in the late summer may shy away from hiring younger workers. Teens now have lots of competition for summer work.
The agency charged with overseeing the real estate boom coursing through Boston is a dysfunctional bureaucracy, its system for reviewing projects erratic, with just a few powerful staffers deciding how new buildings will look using “unwritten rules,” according to a highly critical audit being released by City Hall Thursday.
The Boston policy requiring developers to accommodate lower-income residents in even the most expensive buildings is being scrutinized as cities struggle to provide affordable housing. Helping affordable-housing lottery winners live in swanky digs limits the construction of properties elsewhere that can accommodate more people, said Barry Bluestone, an economist and founding director of Northeastern University’s Dukakis Center for Urban and Regional Policy. “It’s a nice gesture but it does virtually nothing to solve the housing crisis,” said Dr. Bluestone. “There are a lot of areas where it would be cheaper to build middle-income housing.”
In the sharing economy, some say there are no employees, which is great for companies but terrible for workers. Others (like Uber) say we’re leveraging technology to empower individuals to work flexibly and companies to more efficiently share or provide their good and services. Regardless of your stance on the sharing economy, we’ve arrived at it. And now we’re standing at an intersection where over-educated, under-experienced knowledge workers are meeting an influx of task-based gigs. It seems today’s oversupply of knowledge workers only has one interim career option: become a gig worker.
Once again, the Greek debt crisis is causing stock markets around the world to tumble and raising questions about the long-term future and stability of the euro currency and the European Union. Could Greece’s woes wash up on the shores of Massachusetts and stall the state’s thriving economy, which has seen unemployment drop to the lowest levels since 2007?