economy

BOSTON – Immigrants in Massachusetts and New England are more likely to be self-employed, but the businesses they own tend to be in different industries than those owned by the U.S. born, according to a new study published by Pioneer Institute.

Prof. Benjamin F. Jones, former economic advisor in the U.S. Treasury and a professor at the Kellogg School of Management at Northwestern University, analyzes data that show immigrants are far more likely to start a business in the U.S. and are innovating at higher rates, benefiting the nation.

The immigration system in the United States is complex, to say the least. Visa categories for nearly every letter of the alphabet, exemptions, restrictions, rule changes with every new federal administration. We need more workers, innovators and entrepreneurs in an increasingly competitive world and amid an historic worker shortage and cash-strapped social safety systems due to a greying workforce. Does the United States’ immigration system work in its favor?

Dubbed the city of squares, Cambridge, a leading innovation center, is home to some of the world’s most recognized technology companies and educational institutions. With an educated population and a knowledge-based economy, a lot has changed and a lot has remained the...

The economy is doing great, so why are people leaving Massachusetts?

The housing market has been the center of American economic growth and decline for decades. Many potential home buyers consider residential property taxation and single-family tax bills in choosing a community. As such, property taxes can impact regional housing markets, as people...

Despite being a major tourist destination, the largest employment sector on Cape Cod is not related to tourism: it is healthcare!

The Massachusetts K-12 school system has been regarded as the most highly ranked system by the US News & World Report for years. According to Pioneer Institute’s MassReportCards tool, the ways in which Massachusetts schools spend money has been changing in the...

A spate of new incentive and subsidy programs seeking to lure talented workers and innovative businesses away from their home states could constitute an additional challenge to Massachusetts’ economic and fiscal recovery from COVID-19, according to a new study published by Pioneer Institute.

This report finds that a spate of new incentive and subsidy programs seeking to lure talented workers and innovative businesses away from their home states could constitute an additional challenge to Massachusetts’ economic and fiscal recovery from COVID-19.