"One thing that’s been on my mind for the last six months has been unemployment. And for good reason—this is the defining feature of our time, and I didn’t have a job."
In part one of 89.7 WGBH's series on the ongoing struggles of the fishing industry in Massachusetts, Phillip Martin explores the history of Federal regulation of fishing.
To comply with federal regulations meants to restore US fish stocks to sustainable levels, new quotas were set in New England for the first time on all species of groundfish. Rachel Gotbaum examines if these rules will lead to the end or the survival of New England's fishing industry.
Phillip Martin looks at the alarming decline in local fish populations.
Rachel Gotbaum profiles the historic fishing village of Port Clyde Maine--one of only three commercial groundfishing ports left in the state and where a group of fishermen are determined to save their fishery by trying some unorthodox ways of doing business.
Phillip Martin reports on how new conservation rules are affecting the lives of those in the local fishing industry.
Veteran business journalists Paul Kangas and Susie Gharib coanchor television’s most watched daily business news program, Nightly Business Report. The award-winning series combines business and economic news, extensive financial market coverage, corporate profiles, and commentaries by economists in a fast-paced format.
In 1975, the Lutz family moved into their dream home on Long Island -- and barely lasted a year. Jay Anson chronicles their paranormal experiences in a 1977 pulp horror classic. Josh Kilmer-Purcell says Amityville's hyperbole and hackneyed plotlines keep his mind off of his own anxieties.
The number of foreclosures in suburbs and rural areas is now higher than that in urban communities.
The Emily Rooney Show
Boston's murder rate is up almost 50 percent over this time last year -- and Police Commissioner Ed Davis says it's because of an up-tick in drug-related gang activity.
Experts say the current educational system and private-sector training efforts aren't preparing workers for job opportunities. So, a metal parts factory near Boston has done something unusual to ensure its workers have the necessary training: It started its own school.
The economic outlook is precarious – but New England is weathering the tepid economy better than the rest of the country.
Defense spending in Massachusetts has tripled since 2001, bringing 115,000 jobs to the Bay State.
HEAR THE INTERVIEW
A proposed City Council ordinance would license up to 25 new food trucks in Boston -- and trucks could start rolling out by the summer.
Everyone from Congress to the Fed, multi-national corporations to small businesses, have had some serious financial decisions to make in 2010. Not all of those decisions have been… shall we say…. wise.
There is little opposition to Gov. Deval Patrick's plan to shrink the paychecks of the state's legislators -- except for some lawmakers and watchdogs who say the cuts aren't big enough.
The Shaws grocery store chain is closing five New England Stores. It's the latest in a string of major retail closures across the state.
Evergreen Solar is closing its Massachusetts manufacturing plant, terminating 800 jobs it was given $68 million in state aid to create. One lawmaker is filing legislation that would help the state get its money back when companies fail to deliver on state aid.
Massachusetts budget-builders agree they will have $20.5 billion to work with for the coming fiscal year. That's $740 million more than their estimate for this year — but it still leaves the state with a budget gap of at least $1.5 billion.
A study released in Boston Thursday finds that falling behind on rent has a significant impact on health. Health and housing advocates are calling on the state to provide additional funding to help families stay in their homes. WGBH's Sarah Birnbaum reports.
On the heels of the holidays, the winter months tend to be slow for restaurants. But season that with a batch of snowstorms and, in the words of one restaurateur, it’s a killer. But some restaurants are trying to take advantage of the snow -- and succeeding.
At the heart of fisheries management is a delicate balancing act – weighing the needs of fishermen against those of fish. Unfortunately, managers often don’t have the quantity or quality of data one would wish for.
Gov. Deval Patrick is off to to Israel and England next month, leading a trade mission he says will focus on growing businesses and jobs in the state’s innovation sector.
The president's $3.7 billion budget cuts much-needed heating aid for the cold Northeast, but it includes continued spending that could help the state's academic and tech sectors.
State officials say the Massachusetts unemployment rate dropped by a percentage point to 8.2 percent in February as the state added more than 15,000 jobs. The rate, which fell from 8.3 percent in January, remains below the national average of 8.9 percent.
A prominent Cape Cod ferry company has reversed course and says it no longer opposes the plan to install 130 wind turbines in Nantucket Sound, and instead will look to conduct "eco tours" of the Cape Wind turbine site.
Gov. Deval Patrick has confirmed that Fidelity will not reverse its decision to move 1,000 jobs out of Massachusetts — and says the investment company has apologized to him for announcing its decision when he was out of the country.
WHERE WE LIVE
The people who live and work in Lynn say the city doesn’t get the respect it deserves. And despite the recession, they’ve got ambitious plans for the future.
WHERE WE LIVE
Long known as the city of Rocky Marciano, Brockton has been transformed from a small city anchored by mid-sized enterprises to a community dotted with numerous small businesses.
WHERE WE LIVE
The WGBH News Where We Live series wants to hear from YOU — the viewers, listeners and web visitors. Is the American Dream still possible in your town?
WHERE WE LIVE
Chatham owes just about everything it has to the fact it's located on the ocean. From its architecture — which, in many cases was based on buildings sea captains would find in other areas of the world — to its culture and tourism, the sea has helped keep the community fiscally strong, including during this recent financial trouble.
WHERE WE LIVE
With thriving museums and new businesses opening downtown, it has the feel of a city on rise once again. But when you move away from the trendy cafes and art galleries, it’s clear the former whaling capital’s problems with jobs and education still run deep.
WHERE WE LIVE
Saugus's Route 1 location is considered a gold mine for retailers and restaurants. The town has never needed a planner to encourage that kind of development -- but some residents think its time to build a vision for the other parts of town.
WHERE WE LIVE
An influx of Indian immigrants has helped bring economic growth to Ashland -- and led to an expansion of the town's Sri Lakshmi Temple.
WHERE WE LIVE
The former army base Devens has been thrust into the spotlight as the place where alternative energy company Evergreen Solar built a manufacturing plant, then abruptly closed it, moving its operations to China. But Evergreen is only part of a larger story of rapid economic change in Devens.
Lawmakers on Beacon Hill are holding a hearing Thursday on a proposal to close the legal loophole that allows major Internet retailers like Amazon.com and Overstock.com to avoid charging sales tax. But local affiliates of those big online retailers say it will hurt their business.
Shares of Zipcar Inc. are soaring in their market debut after the initial public offering priced better than the company had predicted.
State officials say the Massachusetts unemployment rate dropped to 8 percent in March as 3,200 jobs were added during the month.
The Massachusetts House has voted to strip police officers, teachers and other local government workers of most of their collective bargaining rights over health care.
Federal Reserve Chairman Ben Bernanke is speaking at a historic news conference, the first time in the Fed's 98-year history that a chairman has begun holding regular sessions with reporters.
WHERE WE LIVE: HARWICH
It has been one year since fishermen in the Northeast began using a new system, called "sectors," for regulating catch shares. Fishermen are split on whether the system of cooperative fishing rights an improvement over old regulations. WGBH's Bob Seay spoke to one fisherman who supports the new system.
Employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. But the unemployment rate rose to 9 percent in part because some people resumed looking for work.
Fisherman are wrapping up their first full year of compliance with a new set of federal regulations intended to prevent overfishing, called "sectors." Some fisherman say it's helped their businesses, but WGBH's Bob Seay speaks to a Plymouth fisherman who says he's lost 60 percent of his income because of the rules.
Bankruptcy filings in Massachusetts are up -- way up. There were 23,000 filings last year, up 16 percent from 2009. The national rate, meanwhile, rose just 9 percent. In an interview with WGBH's Bob Seay, bankruptcy trustee Carolyn Bankowski cited the sluggish economy and slow housing market as factors in the rise.
Scientists from NOAA's Northeast Fisheries Center in Woods Hole have released an upbeat preliminary report on the 2010 fishing season — the first to be managed by catch-shares management. They say the year saw no overfishing and higher revenues for fishermen.
The state Senate is well into its second day of debate on its budget for the next fiscal year, which begins in July. Budget cuts and municipal health costs are emerging as the bigger sticking points in debate. EARLIER: SENATE BUDGET GIVES UNIONS 'VOICE, NO VETO'
Employers hired only 54,000 new workers in May, the fewest in eight months, and the unemployment rate rose to 9.1 percent.
Here we compile the complete coverage from the April 2011 installment of our Where We Live series: our features on towns and cities across the state, selected responses from listeners and readers, and some related stories that touch on community and economic life.
Boston is home to a bigger proportion of adults ages 20-34 than any other city in America, with 35 percent of its population falling into the age group. Both Mayor Menino and an independent economist agree that's good for the city.
Bay State shoppers could be getting a break next month. Massachusetts lawmakers held a public hearing Monday on a bill to establish a sales tax holiday in August.
Yesterday Richard Dimino President and CEO of A Better City outlined the scope of the fiscal problems facing the MBTA and other Massachusetts transit infrastructure. Today he talks about his ideas on how to fix them.
Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent. The modest improvement may quiet fears of another recession after the worst losses on Wall Street in nearly three years.
A European Central Bank pledge to buy up Italian and Spanish bonds slashed the two countries' borrowing costs but most global stock markets sank again Monday following the downgrade of U.S. debt by Standard & Poor's.
Republican United States Senator Scott Brown is downplaying the role partisan fights played in weakening U.S. creditworthiness.
Thousands of homeowners in Massachusetts who got mortgages through Option One, a subsidiary of H&R Block, may benefit from a multi-million dollar settlement negotiated by Attorney General Martha Coakley.
Recently-released census data shows 35 percent of Boston's population is made up of 20 to 34 year olds. The city now faces some competitive heat from its neighbors regarding its young residents.
Standard and Poor’s downgrading of the U.S. credit rating from AAA to AA+ has a lot of people in the Boston area wondering how it might affect them. But many others seem confused about the ratings process altogether.
Massachusetts companies will receive about $27 million dollars from the federal government to help improve fuel efficiency technologies for next generation cars.
European stocks rebounded Thursday as banks recouped some hefty losses despite ongoing concerns over their exposure to the debt of countries like Greece and Italy, while Wall Street was poised for a rebound following another rout.
GREATER BOSTON VIDEO
Despite anxiety about the national economy during the debt-ceiling talks last month, employers in Massachusetts added jobs, according to state labor data released Thursday.
The Springfield City Council has passed what advocates are calling the toughest municipal anti-foreclosure legislation in the country.
Sales of single-family home in Massachusetts jumped in July for the first time in six months when compared to the year-ago period, an encouraging sign for the state's real estate market.
The local innovation economy is credited with driving up Greater Boston’s median income by 54 percent over the past three decades. But a new study by UMass economists and the Federal Reserve Bank of Boston found that, in some western parts of the state, incomes have fallen 24 percent over the same period.
The casino gambling bill unveiled by Massachusetts legislative leaders earlier this week could give a boost to the Mashpee Wampanoag Native American tribe, but there are caveats.
Momentum may be growing behind efforts to legalize online poker in Massachusetts. State Treasurer Steve Grossman’s Office is considering plans to legalize online poker for state residents.
Thousands of biotech and pharmaceutical dealmakers from around the work gathered in Boston this week for a Bio-Pharm America 2011 conference in Boston — and Gov. Deval Patrick is stressing the importance of their work to the Massachusetts economy.
After securing what officials say is the highest credit rating in the state’s history, Massachusetts has sold $500 million in bonds at an interest rate of slightly below 3 percent.
Calling themselves Occupy Boston, a group of demonstrators inspired by the Occupy Wall Street protests in New York City took to the streets of Boston this weekend and on Monday continued to camp out at Boston's Dewey Square.
Massachusetts' high-tech and biotech industries have helped keep it ahead of 44 other states in terms of employment. But in recent days, economists are warning that even the high-tech and biotech engines are starting to slow down. And that industry doesn't help some parts of the state.
Across the country, millions of people have been out of work for months at a time. President Obama is urging Congress to pass his Jobs Bill, which includes incentives for small businesses to hire anyone who's been out of work for over six months. But even if it passes, will President Obama's bill succeed in getting the long-term unemployed to work?