Saturday, November 20, 2021

Boston Globe: "The long, slow return of the Mass. job market"

"The state’s economic recovery from the COVID shock of 2020 is nearly complete, with one important exception: the job market.

The Massachusetts economy — the value of goods and services produced — is bigger now than it was before the pandemic. Personal incomes are higher and so are retail sales.

Most key measures of employment, however, have not returned to their February 2020 marks, and the gains since the bottom of the recession have lagged behind the national average.

But data released Friday by the Bureau of Labor Statistics offers some encouragement. Employment growth is continuing to rebound, albeit at a modest pace, from the summer setback caused by the Delta variant. More people are joining the workforce. The worker shortage persists but is easing."
Continue reading the article online. (Subscription maybe required)
https://www.bostonglobe.com/2021/11/19/business/states-tight-labor-market-continues-ease-hiring-speeds-up/

Massachusetts employers are finding it easier to hire workers.JENNY KORNREICH
Massachusetts employers are finding it easier to hire workers.JENNY KORNREICH


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