"It's an indicator of economic health and the direction of the state,"
"If you're growing private sector jobs, if GDP is growing at a rate in Massachusetts higher than the country, then you know that means there's more opportunity for people."
"If you don't have a competitive economy, if costs are too high, if the state is moving in the wrong direction - it can have a real impact on everyday people,"
Federal data analysis shows Massachusetts is one of only four states and D.C. with fewer private-sector jobs than before the pandemic. As of March 2025 the private workforce was 0.74% smaller than in January 2020, a loss of about 24,000 private-sector jobs. Only Vermont, Hawaii, and D.C. experienced larger drops. Stagnant private-sector growth can erode competitive advantages and weaken long-term resilience. The state's GDP has trailed the national average since 2022, private employment is down, tens of thousands of residents leave annually, and declining immigration could worsen labor and opportunity shortages. Job losses span previously strong industries.
Read at Boston.com
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