Economy

The unemployment rate in Massachusetts remained unchanged in August for the fourth month in a row while still higher than the nation’s average for the ninth consecutive month. 

Deegan joins the firm from Altra Industrial Motion, a Braintree-based manufacturer of power transmissions.

Equity work has never been easy, and its often uphill battle has been compounded by the President Donald Trump Administration’s crusade to uproot DEI.

The lab is expected to open for more than 250 employees in early 2028, the Healey administration said. The Marlborough site will consolidate existing facilities in Maynard and Sudbury under one roof.

The 20-member committee will be led by UMass Chan Trustee David Brunelle, co-founder and managing director of Worcester-based North Pointe Wealth Management. 

Ascend Elements has signed a memorandum of understanding with a firm based in China to explore potential collaboration in Europe.

Senecal joined PeoplesBank, parent company of Worcester-based Cornerstone Bank, in 1995. Cornerstone and PeoplesBank completed the $6-billion merger of their parent companies in February.

Gas in Worcester County has risen 5 cents from last week’s price of $3.06.

Ed Manzi has announced his retirement as Chairman & CEO of Fidelity Bank, after having led the Leominster-based financial institution for over 28 years.

Ernst replaces interim chief operating officer Kathy Mills, who filled the role in January following the retirement of longtime RFK executive Cindy Wing.