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Economy & Labor
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Wall St. falls as jittery investors await Fed meet
September 14, 2015U.S. stocks were lower at the open on Monday as a weary market awaited this week's Federal Reserve meeting that will decide on an interest rate increase.
September 14, 2015Report: Money, perks matter to millennials
September 8, 2015A study conducted by Staples Advantage found that salary still contributes greatly to the loyalty of millennials, while also confirming the value nontraditional benefits in creating good will among this generation of employees.
September 8, 2015
National unemployment rate hits seven-year low
September 4, 2015The nation's unemployment rate reached 5.1 percent in August, dropping from July's 5.3 percent, the Bureau of Labor Statistics (BLS) said Friday. The rate had not been that low since April 2008, and it beat analysts' expectations of 5.2 percent,
September 4, 2015Stock volatility creates cap gains concern in state budget
August 26, 2015Over the past few days, the volatility of world stock markets has been on display, as Chinese stock prices have fallen and U.S. stocks rode a roller coaster.
August 26, 2015Retail lobby group opposes worker scheduling initiative
August 21, 2015A ballot initiative petition that supporters say would make scheduling more fair for low-wage workers has drawn the ire of a prominent retail industry lobbying group, which says the proposed law "has been described by many in the employer community
August 21, 2015
Mass. adds another 7,200 jobs
August 20, 2015Massachusetts added jobs for the 10th straight month in July, tacking on 7,200, while the unemployment rate remained at 4.7 percent, the Baker administration said Thursday in its preliminary monthly report.
August 20, 2015Admins held in higher esteem
August 17, 2015Administrative professionals are more valued today by their companies than they were a decade ago, say the executives they work for and the admins themselves.
August 17, 2015QCC, MIT tapped for national photonics push
August 14, 2015Quinsigamond Community College (QCC) will be a partner in a $600 million national effort to boost training in photonics, a discipline that studies and uses light for electronics and other applications.
August 14, 2015Labor representative chosen for MassDOT board
August 14, 2015State law provides the governor all of the appointments to the board, while it mandates that he select a labor representative from a list of three nominees provided by the Massachusetts State Labor Council, AFL-CIO.
August 14, 2015National productivity improves in second quarter
August 11, 2015Labor productivity — or output per hour — increased by 1.3 percent annual rate during the second quarter of 2015, the U.S. Bureau of Labor Statistics (BLS) reported Tuesday. This came after productivity had declined in the first three months of the
August 11, 2015Job fair on Worcester Common slated for Sept. 4
August 11, 2015About 70 employers will participate in the UnCommon Job Fair on the Worcester Common Friday, Sept. 4.
August 11, 2015
U.S. gains another 215,000 jobs; unemployment rate unchanged
August 7, 2015The nation's job market continued its expansion last month, gaining 215,000 jobs and marking the 10th month in the last 12 in which job gains have topped 200,000, a sign of a growing economy.
August 7, 2015Baker signs sales tax holiday bill
August 6, 2015Gov. Charlie Baker made it official Thursday morning, signing legislation authorizing a sales tax holiday for the weekend of Aug. 15 and 16 on most major purchases in the Bay State.
August 6, 2015Worcester’s economy posts 4.4 percent growth
August 5, 2015The greater Worcester economy grew by 4.4 percent in the second quarter of 2015, led by hiring in the health services and leisure and hospitality industries, according to the latest estimates from the Worcester Economic Index (WEI).
August 5, 2015
Nashoba Valley nurses to picket as Steward talks continue
August 5, 2015Citing pay that is below average for nurses at comparable hospitals and staffing procedures that make work hours unpredictable, members of the Massachusetts Nurses Association (MNA) at Nashoba Valley Medical Center in Ayer will hold an informational
August 5, 2015Business confidence rebounds in Mass.
August 4, 2015Confidence among Massachusetts businesses shot upward in July to its highest level since March amid an expanding national economy, Associated Industries of Massachusetts said Tuesday.
August 4, 2015
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