Category: Jobs & the Economy

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Poverty Rises Nationally in 2009, New Census Bureau Data Show

As a result of the Great Recession, the year 2009 saw a significant increase in the national poverty rate. The poverty rate rose to 14.3 percent in 2009 from 13.2 percent in 2008, new Census Bureau data show.

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Jobs and the Massachusetts Economy on Labor Day 2010

Labor Day 2010 will be a challenging day for working people across America. The nation is in the third year of a terrible economic crisis, one that has claimed a larger percentage of US jobs than any other recession since the Great Depression. Adding to the pain, at 31 months since the latest recession officially began, the US now has regained a far smaller share of those jobs than in past recessions.

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The Education Jobs Fund and its Impact on Massachusetts Schools

The Education Jobs Fund, a $10 billion federal grant fund to be spent during the FY 2011 school year for the retention and creation of education jobs in elementary and secondary schools, will provide approximately $204 million to Massachusetts and fund an estimated 2,900 jobs in the state.

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FMAP and an Education Jobs Fund: State Fiscal Relief To Strengthen the National Economy, Reduce State Budget Cuts, and Create Jobs

Last week the US Senate passed a bill that would approve extended state fiscal relief from the federal government, and the US House is reconvening today to vote on the extension. The legislation would provide approximately $655 million to Massachusetts — $450 million in enhanced Medicaid (FMAP) reimbursements, which is $250 million less than the $700 million originally anticipated, and another $205 million in funding for education through a new Education Jobs Fund.

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Universal Voluntary Retirement Accounts: Expanding Employee Savings Opportunities

Many states have begun to study the impact and potential of establishing UVRA programs. UVRAs provide a viable and cost-effective option for businesses that do not provide retirement plans for their employees–particularly small businesses, which employ thousands of workers but face the highest barriers in providing plans.

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Economic Stimulus: What Can National and State Governments Do To Save and Create Jobs Quickly?

As unemployment remains high and policymakers at all levels of government recognize the need for policies that encourage economic growth, it is important to examine how economic stimulus policies work and which levels of government have the strongest capacity to create jobs and stimulate the economy quickly.

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An Unstable Ladder: How the Fiscal Crisis is Threatening Education and Work Support Programs for Many Women

State programs in higher education, employment training and child care enable residents to attain and keep quality jobs. While these programs are open to all, in each area women make up a substantial majority of those using these programs and services to improve their economic standing and support their families. This report examines state support of higher education, employment training and childcare–describing how these programs work, why they are important to the participation of women in the workforce, and the strains on both the programs and participants brought about by the economic crisis.

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