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Worcester County home sales down 35% while price hikes slow

The number of Worcester County home sales saw a 35% decline year-over-year in November while there was a 30% decline in the number of sales statewide, as Massachusetts prices hit their lowest level of increase in two years.

Worcester County unemployment drops to lowest rate since April 2019

The Worcester County unemployment rate in November dropped two tenths of a percentage point from October to 3%, the lowest rate since April 2019, according to data released Tuesday by the U.S. Bureau of Labor Statistics.

MWCC granted $179K in ARPA funds to support food security

Mount Wachusett Community College in Gardner received $178,535 from the Massachusetts Campus Hunger-Free grant program to support the school’s effort to minimize food insecurity among its students.

Gardner company awarded $2.6 million defense contract

Precision Optics Corporation, Inc. of Gardner announced on Wednesday that it received a $2.6 million order from...
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Fitchburg CDC receives $10K to fund new hire for eviction services and first-time homebuyers

NewVue Communities received a $10,000 dollar donation from Fitchburg-based Rollstone Bank & Trust to help hire and onboard an intake specialist who will help support people seeking assistance with eviction and foreclosure prevention services.

Fitchburg-based development corp. ranked third among Mass. microlenders

The North Central Massachusetts Development Corp. in Fitchburg ranked third among U.S. Small Business Administration microlenders in Massachusetts, according to a Monday press release by the SBA.

Boston firm buys Kraft-owned Lancaster warehouse for $48M

Boston real estate investment firm The Seyon Group purchased a 275,620 square-foot warehouse in Lancaster for $48 million from Foxborough-based The Kraft Group.

Fitchburg State’s Future Educator Academy addresses need for diversity in education

Students took part in Fitchburg State University’s Future Educator Academy which recruits and trains students from traditionally underrepresented populations.
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🔒Redlining: An economic legacy – See all the elements from the WBJ-WRRB report

The Worcester Business Journal partnered with the nonprofit Worcester Regional Research Bureau on a new project examining how rent increases over the last decade have impacted the city and its businesses, as well as an historic look at how financial decisions rooted in racism 86 years ago have exacerbated the housing and workforce problems today.

🔒Movers & Shakers for Dec. 12, 2022

People are on the move at MutualOne Bank, Friendly House, and more.
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