Jobs & The Economy
Unemployment Insurance Saved the Massachusetts Economy. How Can We Ensure It Will Be Strong for the Future?
More than any other economic program, Unemployment Insurance (UI) has helped the Massachusetts economy during the COVID-19 pandemic. UI enabled many families to remain safe …
More than $3.3 billion in CARES Act funding comes to our Massachusetts communities based on population estimates from the census. Learn how the Commonwealth can get its fair share of power and money through a complete, accurate 2020 Census count in our latest report.
As a result of the pandemic, municipalities face increased spending needs and declining revenues. Many have the ability to raise property taxes, though others are constrained by Proposition 2 1/2. Moreover, property taxes tend to fall hardest on those with lower incomes. Without sufficient municipal aid, cities and towns may be forced to make public cuts which would slow the economic recovery.
ALL JOBS & THE ECONOMY REPORTS
Tens of thousands of undocumented, essential workers at risk of lost jobs, lost pay, exposure to COVID-19
Immigrants without status form the backbone of Massachusetts â€” producing our food, tending to our loved ones, and stocking our supermarkets. But the COVID-19 pandemic and widespread business closures mean many of these undocumented workers have found themselves at risk of losing their jobs, losing income, or being exposed to the virus.
The Commonwealth has responded to the COVID-19 pandemic and its economic consequences by implementing several bold new federal unemployment policies that are also supported with federal funds. These have provided crucial protection to many workers and the economy, though undocumented workers have been excluded. Since late April, the greatest volume of unemployment claims have been for a new program for workers traditionally ineligible for unemployment insurance. Without new federal legislation, this program will expire at the end of the year. The federally-funded $600 enhancement to weekly benefits will expire at the end of July. The loss of these benefits would hurt many workers and slow the state’s economic recovery.
Testimony supporting legislation for state stimulus checks for taxpayers excluded from federal benefits because they pay taxes with an Individual Tax Identification Number (ITIN) instead of a social security number.
Anyone concerned about Massachusetts' economic recovery should be worried about state and municipal budget cuts. This is not the time for austerity. Avoiding budget cuts through targeted tax increases is the best way to build a strong recovery in Massachusetts. Learn more in the latest on our Blogs & Briefs publication.
Read the full statement by Marie-Frances Rivera, president of the Massachusetts Budget and Policy Center (MassBudget), in response to the Governor’s Reopening Massachusetts plan amid the COVID-19 pandemic.
Introduction Quality early education and care (EEC) is not only critical for helping young children to learn and grow, it’s also vital to our economy …
A college degree is an important first step for many to pursue their dreams. Unfortunately, this dream is increasingly out of reach for many students from low-income backgrounds, including students of color and non-traditional students.
Read That’s A Relief Part I: Federal Fiscal Relief to Massachusetts in Recently-Passed Legislation here. The federal Coronavirus Aid, Relief, and Economic Security Act (“CARES Act,” or …
Responding to the COVID-19 Crisis: Filling Gaps in Federal Cash Support for Individuals and Families
Congress enacted billions of dollars in new direct cash assistance to individuals and families during the crisis, but there’s still work to be done to ensure people are not left behind. Learn what state-level solutions are available to fill the gaps.
Testimony to the Senate Economic Roundtable: We must ensure collective well-being and economic security in the Commonwealth
Read the full testimony from our President, Marie-Frances Rivera, for the Massachusetts Legislature’s April Virtual Economic Roundtable, originally scheduled for April 7, 2020.
Spotlight on Equity: Testing and Treatment for Everyone, Regardless of Income, Health Insurance Coverage, or Immigration Status
Photo courtesy of Creative Commons. The novel coronavirus (COVID-19) pandemic exposes disparities in our health care system. It also highlights how interconnected we are to each …
We Must Provide Robust Economic Relief and Recovery for Vulnerable Populations and Children in Massachusetts Policy is the lever that we can pull to bring …
This series of briefs examines the potential effects of licensing undocumented drivers in Massachusetts. The briefs look at the effects on public safety, child health, law enforcement efficiency, and the economy and state finances.
These infographics show the impacts of the increase in the Massachusetts minimum wage on January 1, 2020, from $12 to $12.75 per hour.
The United States is in the midst of the longest economic expansion in its history, following the Great Recession with sustained recovery. Massachusetts’ economy today exemplifies this, highlighted by continued job growth and a very low unemployment rate that is consistently below the national level. If a rising tide lifts all boats, we should see all Massachusetts residents benefiting, but this isn’t the case.