The World Class Cities Partnership recently added its ninth partner city - Hamburg, Germany.
Michael Lake, executive director of the Partnership, and Robert Buckley, a senior Partner at Reimer and Braunstein, join NECN Business to discuss the efforts being made to connect Boston, Mass. to the rest of the world - and what kind of impact that could have on the Hub's economy.
Watch the attached video for more.
‘If they don’t have a job by now, they’re kind of out of luck’: Summer jobs sparse for teens this year
This summer might be another bummer for high school and college students looking for seasonal employment. Already local park districts that traditionally hire teens and college students during the summer months have completed their hiring. Collinsville Area Recreation District spokeswoman Elizabeth Davis said hiring began at beginning of the year and wrapped up earlier this spring. "We're done hiring," Davis said. "A lot of our hiring started in January."read more
Tiffany Groene is waiting tables. Erin Crites is making lattes and iced coffees. And Anna Holcombe is buying and selling gold. These three Chicago women share more than just scraping by with low-paying jobs: They all have master's degrees and are unable to find work in their specialty areas. There's even a name for their situation. They are referred to as mal-employed, a term coined in the '70s for college graduates who could not find jobs that require a degree. Instead, they settle for low-skilled jobs.read more
When Yanek Kondryszyn was a sophomore in high school, he got a job at a local law firm in Spokane, Washington. For three years, he was able to work alongside patent attorneys who were doing high-profile cases for companies like Microsoft, Amazon, and Boeing. That was in 2005. Today the college junior would have trouble finding a job as a barista. Over the past few years, teen employment has fallen through the floor. In March 2011, the teen unemployment rate was 23.6 percent, according to the Bureau of Labor Statistics. This is a drop from the 38 percent employment rate in 2000, according to Andrew Sum, the director of the Center for Labor Market Studies at Northeastern University. "I have never seen a percentage that low in my entire life," said Sum.read more
Antsy homebuyers may push sellers off the fence By Martin Luttrell | The Worcester Telegram March 13, 2011 Cindi and Tom Noyes have been looking to downsize and move to a warmer climate, but balked at putting their home up for sale a year ago. Now, the Millbury couple has decided the stars have aligned enough to put their Colonial on the market and are optimistic they will get their asking price of $379,900. “We looked last year and the market was not that great,” Ms. Noyes said. “Things are looking better now. I’m not...read more