By Rachel Siegel, Lauren Kaori Gurley and Meryl Kornfield Immigration has propelled the U.S. job market further than just about anyone expected, helping cement the country’s economicrebound from the pandemic as the most robust in the world. That momentum picked up aggressively over the past year. About 50 percent of the labor market’s extraordinary recent growth came from foreign-born […]
Today, the Biden-Harris Administration announced its latest set of actions aimed at creating a convenient, reliable and Made-in-America electric vehicle (EV) charging network so that the great American road trip can be electrified. These steps will help the United States meet President Biden’s ambitious goals to confront the climate crisis, by building a national network […]
A new ownership group is revising plans for a commercial development on the outskirts of Somerville’s Union Square, dropping a 330-room hotel while retaining a pair of office-lab towers. Capital Hall Partners, Spaulding & Slye Investments and Union Square master developer US2 are partnering on the 980,000-square-foot Gateway Innovation Center project at 200 McGrath Highway, […]
by Lucia Maffei / via The Boston Business Journal When the pandemic first hit, tech companies as well as other businesses put hiring down on their list of priorities. But last year, hiring came back and the majority of large tech employers in the state recruited new people at full speed, according to a Business […]
by Katherine Bindley and Chip Cutter | via The Wall Street Journal New survey of more than 10,000 knowledge workers found 95% want to set their own hours. Workers, flush with power as employers raise wages and scramble to fill open jobs, say they care even more about flexible schedules than whether or not they go into an […]
Bristol-Meyers Squibb, a pharmaceutical company based in New York, announced plans for a $250 million expansion in Devens. The expansion, motivated by tax incentives, will shift jobs from New York and New Jersey to the Bay State. The company plans to expand its biologics manufacturing facility, which was completed in 2009 for $750 million, as […]
Mayor of Providence, Angel Taveras, released an action plan for economic development on March 27th, 2013. In an open letter to his constituents, Taveras discusses the economic challenges Providence was faced with when he assumed office in 2011. “Unemployment was too high, private sector investment was too scarce and our housing market continued to suffer […]
