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The unemployment rate in Massachusetts ticked down 0.2 percentage points to 6.5% in April, continuing the steady decline from the high rates since the state of the coronavirus pandemic.
Fitchburg contract manufacturer Micron Solutions has sold its main manufacturing facility, with a leaseback, for $3.8 million amid a first quarter that saw increases in revenue and profits in comparison to the first quarter of 2020.
Gardner optical equipment manufacturer Precision Optics reported a profit for the third quarter as a result of forgiveness of its federal Paycheck Protection Program loan.
The unemployment rate in the city of Worcester dropped a full percentage point from February to March, hitting its lowest level since the coronavirus pandemic began.
UMass Memorial Health of Worcester announced on Tuesday it helped create a new TeamBirth partnership with Wellesley insurer Harvard Pilgrim Health Care and Boston health center Ariadne Labs to launch a new initiative at the UMass hospitals in…
The results of a new spring survey of North Central Massachusetts businesses shows improvements for local businesses still dealing with the coronavirus pandemic, as well as lingering impacts.
In Worcester Business Journal's annual list of the most influential people in the Central Massachusetts economy, the Power 50, one-third of those listed have ties to the manufacturing industry.
Looking back over the past year, Erica Grinkis, owner of Leominster eateries The Gazbar and Central Cup, reflects on how operations changed but management remained the same when the coronavirus pandemic struck.
Gov. Charlie Baker’s administration has awarded the amount of $5.3 million for the Share Winter Streets & Spaces program, according to an announcement by the Massachusetts Department of Transportation.
Under Roy Nascimento’s leadership since 2015, the North Central Massachusetts Chamber of Commerce has truly become the leading economic development organization in North Central Mass., performing surveys of the region’s businesses and assessments of…
In April 2020 during the onslaught of the COVID-19 pandemic, the United States lost 20.5 million jobs, skyrocketing unemployment to 14.7%, according to the U.S. Bureau of Labor Statistics. During the next few years/years, reflecting a tight labor market, wages increased while the remote workforce more than tripled. Today, with some employers making a renewed push for employees to be back in the office, many current and potential employees still want the flexibility to work from home, along with other benefits.
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SubscribeWorcester 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.
See Digital EditionStay 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.
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 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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