Editorial Staff

Pioneer Launches Report Series Highlighting Massachusetts Job Growth and Business Trends Since 1998

/in , , , , , /by Editorial Staff
Share on Facebook
Share on Twitter
Share on
LinkedIn
+

Report Provides Deeper Insight into Economic Impact of COVID-19

BOSTON – As we learn more about the spread of the COVID-19 pandemic and its impact on the Bay State’s workforce, it is becoming more important that we deepen our understanding of the state’s economy. Knowledge of local, regional, and state employment and business establishments will be critical for policymakers’ efforts to minimize long-term economic fallout.

A new resource from Pioneer Institute, MassEconomix.org, equips users to take a much closer look at Massachusetts’ businesses by various levels of geography and industry, and explore job and business growth, from the local to the state level.

A new report from Pioneer Institute that draws on data from MassEconomix shows that levels of employment in Massachusetts had surpassed pre-Great Recession levels as of 2018.

In “Some Big, Broad Economic Trends in Massachusetts,” Pioneer analysis of two decades of data shows fluctuating employment changes across the state, as well as firm size information and the largest employers. While the number of jobs and businesses has risen over the years, the average size of Massachusetts firms has decreased.

“Having access to employment data down to the firm level allows us to view aggregated trends more accurately,” said Rebekah Paxton, a research analyst at Pioneer who has worked with the Business Dynamics Research Consortium (BDRC) data since 2018. “These data give us a unique picture of where growth is coming from in the state.”

“Some Big, Broad Economic Trends” analyzes the same Your-economy Time Series data that powers MassEconomix.org, including firm-level employment, industry code, and location information, to develop aggregated numbers for statewide growth. This data is recorded by Infogroup and compiled by the BDRC at the University of Wisconsin System Institute for Business and Entrepreneurship in Madison, Wisconsin.

This report is the first in a series that will present the general employment and business establishment trends in the Commonwealth that can be found using MassEconomix.

In the coming weeks and months, Pioneer will be providing analysis using this data to provide deeper insight on the Massachusetts economy, and specifically into how the COVID-19 pandemic is likely to affect communities and industries within the state.

Pioneer Institute is an independent, non-partisan, privately funded research organization that seeks to improve the quality of life in Massachusetts through civic discourse and intellectually rigorous, data-driven public policy solutions based on free market principles, individual liberty and responsibility, and the ideal of effective, limited and accountable government.

Get Updates on Our Economic Opportunity Research

Visit MassEconomix!

[ytp_video source=”YBmDed3jiwg”]

Virtual Learning Grows During COVID

Virtual learning in K-12 education continues to grow due to the health threat caused by coronavirus variants and the assistance this learning model can provide to at-risk students, according to two papers released today by Pioneer Institute.

COVID Tracker for Long-Term Care Facilities

0 Comments
/
Long Term Care Facilities With 2+ Known COVID Cases and Facility-Reported Deaths in Massachuetts

Face Masks Lifted: Scientists Weigh In With Comprehensive Efficacy Studies

Hubwonk host Joe Selvaggi talks with Harvard Medical School professor, Dr. Jonathan Darrow, about the observations of his recent paper, Evidence for Community Cloth Face Masking to Limit the Spread of SARS-CoV-2: A Critical Review, in which he examines the range, quality, and scientific observations of mask wearing efficacy studies.

Urban Institute’s Dr. Matthew Chingos on the Year of School Choice & the Student Loan Debt Crisis

This week on “The Learning Curve," co-hosts Gerard Robinson and Cara Candal talk with Dr. Matthew Chingos, who directs the Center on Education Data and Policy at the Urban Institute. They discuss the “Year of School Choice,” the welcome 2021 trend of states across America expanding or establishing private school choice programs; as well as the student debt crisis in higher education.

COVID’s Unintended Victims: Traditional Diseases Overlooked at the Public’s Peril

This week on Hubwonk, host Joe Selvaggi talks with Pioneer Institute’s Visiting Fellow in Life Sciences, Dr. Bill Smith, about his newest research paper, “An “Impending Tsunami” in Mortality from Traditional Diseases,” which sounds the alarm that the public health community’s focus on COVID-19 has caused many to avoid seeking medical attention for other illnesses. As a result, more Americans are dying from fear of COVID than from the disease itself.

Vaccine Development Renaissance: Pandemic Brings Niche Industry into Mainstream

This week on Hubwonk, host Joe Selvaggi talks with virologist, Dr. Peter Kolchinsky, about the explosion of vaccine technologies and innovations brought into the spotlight by the massive investment to fight the pandemic, and dives deeply into the exciting promise of vaccines to combat an ever-widening range of disease.

Public Statement on Massachusetts High Technology Council’s Challenge to the Graduated Income Tax Ballot Language

The Massachusetts High Technology Council is right to insist on transparency in the language of a tax hike amendment scheduled to appear on the Massachusetts state ballot next year.

Study: “Millionaire’s Tax” Would Have Far-Reaching Effects on “Pass-Through” Businesses

A proposed graduated income tax that will appear on the statewide ballot in November 2022 will have much more far-reaching implications than most people realize because the surtax also extends to “pass-through” income from entities such as S and limited liability corporations, partnerships, and sole proprietorships that are taxed on individual tax returns, according to a new study published by Pioneer Institute.

Shifting COVID-19 Goalposts: Moving from Zero Infections to Zero Deaths

This week on Hubwonk, host Joe Selvaggi talks with surgeon and author Dr. Marty Makary about the power and durability of vaccines, natural immunity and clinical therapies, that are overshadowed by the public health community's continued target of zero COVID-19 infections.

Study: Decline in Cardiovascular Health Screenings During COVID-19 Pandemic Poses New Public Health Threat

Pioneer Institute today released a new analysis focused on cardiovascular disease, An “Impending Tsunami” in Mortality from Traditional Diseases?, that examines how the COVID-19 pandemic has created another unrelated public health crisis. The Pioneer analysis examines how a single-minded public health focus on COVID-19, social distancing, and lockdowns drove reductions in screenings, diagnoses, and early treatment for complex conditions such as heart disease.