Wednesday, January 2, 2013

MassBudget: What's the State of Working Massachusetts, this New Year



MassBudget    Information.
   Participation.
 Massachusetts Budget and Policy Center    Democracy.
State of Working Massachusetts 2012
2012 has now ended, and workers in Massachusetts are still trying to dig themselves out of the economic hole caused by the "Great Recession." The New Year's update of MassBudget's "State of Working Massachusetts" describes the current economic landscape, along with some of the long-term trends affecting workers and their families.


As has been the case for several years now, economic growth remains too slow to restore the losses experienced by workers. In Massachusetts--as across the nation:

  • The latest data show that median income actually fell between 2010 and 2011.

  • The unemployment rate remains significantly higher than it was when the recession began.

When we compare Massachusetts with other states, however, we find that workers here continue to fare better than workers elsewhere. Incomes remain higher, poverty rates are lower, and even when the recession was at its most severe, our state economy was outperforming most.


Read The Complete STATE OF WORKING MASSACHUSETTS


Note: The State of Working Massachusetts is an ongoing project of the Massachusetts Budget and Policy Center. A full version is released each January, but different parts are updated at different times during the year--depending on when new data becomes available. Through each iteration, much of the structure remains the same, as do our descriptions of measures that have not changed.
The Massachusetts Budget and Policy Center (MassBudget) produces policy research, analysis, and data-driven recommendations focused on improving the lives of low- and middle-income children and adults, strengthening our state's economy, and enhancing the quality of life in Massachusetts.

MASSACHUSETTS BUDGET AND POLICY CENTER
15 COURT SQUARE, SUITE 700
BOSTON, MA 02108
Twitter Facebook



Massachusetts Budget and Policy Center | 15 Court Square | Suite 700 | Boston | MA | 02108

No comments:

Post a Comment