Eli Chavez A startup co-founded by a Harvard dropout and his childhood friend is bringing personal AI agents to life science workers. LogicFlo, based in Boston and New York, was founded by Arun Ramakrishnan, who previously led deep-learning projects at Intuitive Surgical, and Udith Vaidyanathan, who left Harvard Business School to pursue the venture full-time. […]
Gary Higgins Massachusetts’ tech sector shed more than 8,200 jobs last year, marking the second-worst decline nationwide, according to CompTIA’s State of the Tech Workforce 2025 report released Tuesday. The state’s tech workforce shrank 2.6%, falling from 319,416 jobs in 2023 to 311,165 in 2024. Only California reported a greater loss, with more than 51,000 […]
By Arlington Economic Development Corporation Salcomp to Establish U.S. Headquarters in Arlington, Creating 660 New Jobs Established in 1973, Salcomp, a global leader in power supplies for mobile and electronic devices from Finland, is expanding its U.S. operations by establishing its headquarters in Arlington, Texas. The company also manufactures sensors with wireless connectivity technology, precision structural […]
By Jeanne Whalen Americans’ once-in-a-generation job market has come to an end. The red-hot hiring and rock-bottom unemployment that helped millions of workers find new gigs, boost their wages and reinvent their careers are giving way to more prosaic times. While the market is still healthy by many measures, signs of difficulty are creeping in. The […]
By Augusta Saraiva US employers scaled back hiring in April and the unemployment rate unexpectedly rose, suggesting some cooling is underway in the labor market after a strong start to the year. Nonfarm payrolls advanced 175,000 last month, the smallest gain in six months, a Bureau of Labor Statistics report showed Friday. A later release showed that business activity […]
By Augusta Saraiva US employers scaled back hiring in April and the unemployment rate unexpectedly rose, suggesting some cooling is underway in the labor market after a strong start to the year. Nonfarm payrolls advanced 175,000 last month, the smallest gain in six months, a Bureau of Labor Statistics report showed Friday. A later release showed that business activity […]
Jan 28, 2023 Fed Set to Shrink Rate Hikes Again as Inflation Slows Kate Davidson and Craig Stirling, Bloomberg News Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., US, on Wednesday, July 27, 2022. Powell said while some commodity […]
By Jeff Cox via CNBC Federal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a healthy level. “If that involves moving past broadly understood levels of neutral we won’t hesitate to do that,” the central bank leader told The Wall […]
Via The New York Times U.S. added 428,000 jobs in April as the labor market remained vibrant. April produced another solid month of job growth, the Labor Department reported Friday, reflecting the economy’s resilient rebound from the pandemic’s devastation. U.S. employers added 428,000 jobs, the department said, the same as the revised figure for March. […]
By Jon Worth and Nicole Funari via Nareit The Bureau of Labor Statistics’ March Job Openings and Labor Turnover (JOLTs) report highlights the health of the labor market. March marked 23 straight months with hires greater than separations and the March JOLTs report showed private job openings are in excess of 10.5 million, the […]
