Skip to content
  • Mass. jobless rate fell to 5.6% in May

    Boston Globe - 06/19/2014

    Alan Clayton-Matthews, a Northeastern University economist, said the jobs gained in May are a continuation of “moderate growth” for the state. As people have begun working again, incomes have risen, households have paid down debt, and home prices have increased.

    That has boosted consumer spending, which accounts for more than two-thirds of the nation’s economic activity.

    “We’re in the fifth year of the recovery now, and the employment growth in both the nation and in the state have been fairly steady,” Clayton-Matthews said. “Households are in a much better position and so it appears they’re spending.”

  • Cookies on Northeastern sites

    This website uses cookies and similar technologies to understand your use of our website and give you a better experience. By continuing to use the site or closing this banner without changing your cookie settings, you agree to our use of cookies and other technologies. To find out more about our use of cookies and how to change your settings, please go to our Privacy Statement.