In 2001, the US economy went through a recession. From 2002 – 2007, the US economy created hundreds of thousands of jobs. Unfortunately, Massachusetts did not share in this growth, losing close to 440,000 jobs during that period.
Coming out of this recession, shouldn’t we try to figure out how to increase the number of jobs in this state?
To do that, Pioneer is looking backwards at the last eighteen years to try and figure out how jobs were created and lost, and to extract lessons for the future.
Our first paper, Failure to Thrive, examines the drivers of job creation and job loss over the 18 year period from 1990 to 2007.
I invite you to give the paper a read. We’ll be talking about some of the key findings over the next week here on the blog.