Massachusetts is coming off the strongest year for job growth since 2000. Even in Springfield, which has struggled to recover from the recession, there are signs of better times.
As 2014 came to a close, the Massachusetts unemployment rate fell to 5.5 percent, down from 5.8 percent in November and 7.1 percent a year ago. The state’s unemployment rate is now the lowest since the summer of 2008 before the Great Recession hit.
The local job market soars to a level of jobs we have not seen for over 5 years, fueled by employer confidence...
Job postings in the Capital Region were 2,477 vs 1,971 the week before, a 26.7% increase. The numbers surprised local job expert Dan Moran: "I knew the market was poised for growth. I didn't expect this type of a jump. So that's really good news. So we've got a really very strong job market in the Capital Region, close to 2500 jobs out there, so that's very good news for job seekers and for the economy as well."
Massachusetts legislators are working on an economic development package they hope to pass before the legislative session ends next month.
The Massachusetts House approved a jobs bill backed by House Speaker Robert Deleo on a 125-23 vote. The bill provides more than $65 million for programs and initiatives, some new and some already in existence, designed to expand economic opportunities beyond the greater Boston area.
Social workers across New York are “rankled” by a report from the libertarian CATO Institute that says people on public assistance have little incentive to find work because they make more than they would with a minimum-wage job.
A new report on the status of workers finds the period since the 2008 market crash may turn out to be a “lost decade” for New Yorkers, as wages stagnate and the average time for unemployment lengthens.
Northeastern New York is home to approximately 5,000 veterans who served in Iraq. This past February, President Barack Obama announced that another 34,000 American troops will return home this year from Afghanistan… And the drawdown will continue…
Marsha Lazarus is the "LegUp Workplace Solutions Project Director" at MHANYS, the Mental Health Association of New York State. She says MHANYS is hosting a free forum Thursday afternoon at 2 at the Albany-Colonie Chamber of Commerce. Lazarus is urging local businesses to take a hard look at hiring returning veterans.
New numbers indicate economic recovery from the Great Recession is underway upstate - with a few exceptions - for the most part, the latest jobs and unemployment numbers offer hope. Dan Moran, with career management firm NextAct of Colonie, says the job market has been flat but consistent.
State Labor Department analyst John Nelson said the economy is showing signs of improvement. At 7.4 and 7.7 percent respectively, Albany and Saratoga rank among the counties with the lowest unemployment rates in New York. Tompkins County, at 5.8 percent, was the lowest in the state.