Massachusetts economy

New England News
1:06 pm
Sat June 21, 2014

Top Labor Official Hails Massachusetts Jobs Report

The unemployment rate in Massachusetts has dropped to a six-year low. The state recorded a 5.6 percent unemployment rate in May, a drop of four-tenths percent from April.  The report ,earlier this week from the state labor department ,said the number of people working in Massachusetts was the most in almost 25 years.   WAMC’s Pioneer Valley Bureau Chief Paul Tuthill spoke with Massachusetts Labor and Workforce Development Secretary Rachel Kaprielian.

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New England News
6:23 pm
Tue June 17, 2014

Beacon Hill Working On Jobs Bill

Credit wikipedia commons

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.

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New England News
12:54 pm
Wed June 4, 2014

Massachusetts Promotes Career Centers To Help Long-term Jobless

Massachusetts has announced a rebranding of its regional employment offices as part of a campaign to get the long-term unemployed back to work.

Massachusetts Labor and Workforce Development Secretary Rachel Kaprielian said her office will put up 62 billboards across the state, put ads on the internet, and signs on mass transit in an effort to increase usage of the state’s 33 one-stop career centers.

" We  are rebranding our efforts so that job seekers know how many services we offer to the job seeker and to the employer."

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New England News
6:13 pm
Fri April 25, 2014

Gov. Patrick Launches Open Cloud Computing Project In Holyoke

Cabinets for computer servers in the Massachusetts Green High Performance Computing Center in Holyoke.
Credit WAMC

A new public cloud computing infrastructure is going to be developed in Massachusetts, as the state looks to position itself as a leader in the new sector known as “big data.” 

Massachusetts will put $3 million toward developing the open cloud project. The announcement was made by Governor Deval Patrick Friday at the Massachusetts Green High Performance Computing Center in Holyoke.

" Massachusetts Open Cloud will be a virtual laboratory to big data researchers and innovators in industry, academia , and government all across the Commonwealth."

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New England News
6:14 pm
Fri January 31, 2014

Gov. Patrick Promotes Manufacturing In Massachusetts

Mass. Gov. Deval Patrick toured Advance Manufacturing Co. of Westfield
Credit WAMC

A day after a report said the Massachusetts economy grew solidly at the end of last year Massachusetts Governor Deval Patrick came to western Massachusetts today to promote the state’s growing manufacturing sector.

Governor Patrick toured Advance Manufacturing Co. of Westfield -- a family- owned business that employs 200 people. The company makes precision parts that are used on submarines, fighter jets, helicopters and the International Space Station.

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New England News
6:10 pm
Fri January 17, 2014

Long-term Unemployed Face Challenge As Economy Improves

Credit WAMC photo by Dave Lucas

A federal program to provide jobless benefits to the long-term unemployed has expired, and efforts to renew it are deadlocked in the Senate.  But a shift in federal policy as a result of the bipartisan budget approved this week could be good news for job-seekers this year

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New England News
12:22 pm
Fri December 20, 2013

Study Calculates Impact Of Sequestration In Massachusetts

The Massachusetts economy took a significant hit because of the federal budget cuts known as sequestration.  A study released this week estimated the impact the $1 trillion in automatic across-the-board spending cuts had in the Bay State.

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New England News
12:49 pm
Sun October 27, 2013

State's Top Economic Official Believes Manufacturing Will Grow In Massachusetts

Massachusetts Economic Development Secretary Greg Bialecki tours the Mechanical Engineering Technology center at Springfield Technical Community College. The state awarded a $1.2 million grant to rehab and expand the center to double the number of students enrolled for training to work in the precision manufacturing sector.
Credit WAMC

The Massachusetts Economic Development Secretary Greg Bialecki says he is “bullish” on the future of precision manufacturing.  But the state faces a challenge to train a workforce for jobs in the manufacturing sector.  Bialecki, last week, visited a training center at Springfield Technical Community College where the state spent $1.2 million to expand and modernize the classrooms.   WAMC’s Pioneer Valley Bureau Chief Paul Tuthill spoke with Bialecki

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New England News
6:21 pm
Fri October 25, 2013

Program To Train People For Manufacturing Jobs Doubles Capacity

A new machine to train students at the Springfield Technical Community College Mechanical Engineering Technology Center
Credit WAMC

Workforce development experts say Massachusetts needs more people trained for jobs in precision manufacturing.  The state is devoting money to the effort.

Springfield Technical Community College recently spent $2 million to upgrade and expand classrooms in its Mechanical Engineering Technology center.   The college received a $1.2 million dollar grant from the state. But it came with one string attached. The college had to double the number of students enrolled in the program that prepares people for careers in manufacturing.

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New England News
12:20 pm
Tue October 1, 2013

Impact Of Government Shutdown On Economy Seen As Minor,Reversable

The Massachusetts economy is already feeling the impact of  federal budget cuts.  Leading regional economists warn the federal government shutdown and the looming debt ceiling crisis could compound the problems.

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