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Economy

🔒Fixed incomes, rising rents, and limited resources are making seniors the fastest-growing unhoused population in Worcester County

In Worcester County, those aged 65 or older remain the smallest unhoused age group, but it’s fastest growing, rising 29% since 2018, according to the Worcester nonprofit Central Massachusetts Housing Alliance.

United Way raises $1.2M to address mounting local food insecurity

The UWCM used $500,000 in seed investments from its United Response Fund, knowing that 80,000 individuals in its service area are affected by food insecurity.

House energy bill shifts focus from clean energy to affordability

The Conservation Law Foundation said the bill would "gut the state’s climate law and cut energy efficiency programs that help reduce pollution and utility bills for Massachusetts families."

Healey: Mass. SNAP recipients still receiving full benefits

All Massachusetts residents eligible so far this month for federal government food assistance have received their full...
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🔒MHA: Hospital job vacancy rates dropped by 28%

Over the past five years, Massachusetts hospitals and health systems have added approximately 10,000 new jobs to...

🔒Mass. business confidence remained pessimistic for eight consecutive month in October

Massachusetts’ Business Confidence Index continued to tumble in October, reaching its third-lowest score in the past year.

Southborough high-end car insurer acquired by large New York firm

Hayden Wood Insurance Agency in Southborough, a firm with a specialty in insuring collector cars and motorsport vehicles, has been acquired by New York-based financial firm.

🔒When a hospital closes: Central Mass. ER visits rose after Nashoba Valley shuttered, as hospital finances are increasingly strained

The volume in Central Massachusetts ERs is still expected to grow, exacerbated by a primary care shortage and incoming $1 trillion in cuts nationally to Medicaid.
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🔒Taxes in Worcester: Businesses are the top tax contributors to the City, but exemptions and the dual rates are leading to calls for reform

In a city with high-profile industries like higher education and health care, the biggest businesses tend to be tax-exempt.

Framingham State University hires inaugural director of external affairs

Framingham State University has created its first-ever director of external affairs position, naming David Halbert to the inaugural role.
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