April 18, 2020
ECONOMIC DEVELOPMENT & COMPETITIVENESS

Quick Recovery? Not Likely in Massachusetts, as a Coronavirus-Induced Recession Stuns Economy

Shirley Leung and Larry Edleman ,

The Boston Globe

This time around, the Massachusetts Taxpayers Foundation forecasts unemployment approaching 18 percent by the end of June, with 570,000 jobs disappearing in recent weeks. Many of those jobs will be recovered by next spring, but total employment won’t return to pre-crisis levels until 2022, the foundation predicts.

https://www.bostonglobe.com/2020/04/18/business/quick-recovery-not-likely-massachusetts-coronavirus-induced-recession-stuns-economy/