Massachusetts job market

Massachusetts Small Business Owners Face Financial Struggles

News Summary A study from the UMass Donahue Institute reveals that over half of small business owners in Massachusetts may…

2 months ago

Bob Nelson Retires from SBA Amid Office Relocation

News Summary Bob Nelson, the director of the U.S. Small Business Administration for Massachusetts, has announced his retirement effective this…

2 months ago

Massachusetts Faces Unemployment Insurance Crisis Amid Rising Rates

News Summary Massachusetts is experiencing a serious unemployment insurance crisis as the unemployment rate jumps to 4.6%. Business leaders and…

2 months ago

Massachusetts Biotech Sector Faces Major Layoffs Amid Economic Pressures

News Summary Massachusetts' biotech industry is undergoing significant workforce reductions as companies, including major players like Bristol Myers Squibb and…

2 months ago

Massachusetts Sees Sharp Spike in Jobless Claims

News Summary Jobless claims in Massachusetts have surged significantly, reaching 7,632 for the week ending May 10, marking an 82.3%…

3 months ago

Massachusetts Faces Economic Challenges Amid U.S. Recovery

News Summary Despite a nationwide decline in inflation rates, Massachusetts is struggling with higher-than-average inflation and unemployment. Governor Maura Healey…

3 months ago

Lockheed Martin to Lay Off 64 Employees in Andover Facility

News Summary Lockheed Martin has announced the layoff of 64 employees from its Andover facility by July 5, as part…

3 months ago

Massachusetts Governor Implementing Hiring Freeze Amid Economic Pressures

News Summary Massachusetts Governor Maura Healey has announced a hiring freeze for the state's executive branch starting May 27, as…

3 months ago

Massachusetts Faces Economic Challenges Amid Rising Concerns

News Summary Massachusetts is grappling with economic difficulties intensified by business tariffs and inflation, impacting residents and businesses alike. With…

3 months ago

Massachusetts Unemployment Claims See Significant Decrease

News Summary Initial unemployment claims in Massachusetts have dropped to 4,187 for the week ending May 3, a notable decline…

3 months ago