November 28, 2007
Massachusetts trailed behind nearly every state in the nation in job creation over the last six years, even as its workers became much more productive, according to a new analysis released today.
The shifts are molding a specialized "boutique economy" in Massachusetts that rewards people with education and skills but offers shrinking opportunities to others, and that does not bode well for a state government that needs to finance services, said Andrew M. Sum, an author of the report and director of the Center for Labor Market Studies at Northeastern University.