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:
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 Our New Year's Snapshot. IN 7 CHARTS: TODAY'S STATE OF WORKING MASSACHUSETTS
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.
Post a Comment