Week 5: E-Over-P

Despite the wall-to-wall coverage, one fact about the early primary states you probably didn’t pick up is that they’ve both got nice looking employment-to-population ratios. The E/P ratio measures the proportion of the state’s working-age population (ages 16 to 64) that is employed. Since the Great Recession, economists have been tracking this measure closely because

Week 4: The Geography of Growth

In recent weeks, we’ve looked at the remarkable pace of job growth in Massachusetts and noted that this encouraging job creation performance came without gains in labor productivity or real wages. Now we add more nuance to the story with a series of maps indicating where jobs were added by industry. The first map shows

Week 3: Growth without growth

Last week we looked at the impressive job creation performance of the Massachusetts economy during the first half of the 2010s. Relatively to past decades, even the celebrated 1980s, we’ve been humming along producing jobs at record levels. This week we contrast job growth with output growth. Because comparable data are only available through 2014,

Week 2: The American Dream (might) have a pulse

If there’s any reason to be optimistic about the future of the American Dream in the Commonwealth, it’s the pace of job creation in the 2010s. MassINC’s 2011 report framed the 2000s as the “lost decade,” in large part because it was the first time on record that the Bay State ended a decade with

Week 1: Charting our course

MassINC was formed in 1996 by leaders deeply concerned about the future of the state’s middle class. They believed that our strength as a commonwealth hinges on the well-being of those in the middle because broadly shared prosperity fosters optimism in the economy and commitment to our civic institutions, a self-fulfilling confidence of sorts that

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