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In early March, UMass Chan Medical School in Worcester announced an immediate hiring freeze and upcoming layoffs, following a nationwide trend of universities hitting the brakes on hiring initiatives amid federal funding uncertainties. As economic officials are increasingly concerned about a possible economic slowdown this year, the Central Massachusetts Business Confidence Index fell nearly 10 points into pessimistic territory, and state Housing and Livable Communities Secretary Ed Augustus warned uncertainty in the economy could deter real estate investment.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
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Worcester 300, City of Innovators
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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Get the Daily Report
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
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Subscribe
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
-
Worcester 300, City of Innovators
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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In early March, UMass Chan Medical School in Worcester announced an immediate hiring freeze and upcoming layoffs, following a nationwide trend of universities hitting the brakes on hiring initiatives amid federal funding uncertainties. As economic officials are increasingly concerned about a possible economic slowdown this year, the Central Massachusetts Business Confidence Index fell nearly 10 points into pessimistic territory, and state Housing and Livable Communities Secretary Ed Augustus warned uncertainty in the economy could deter real estate investment.