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72°
Monday, jun 3
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Police & Fire
Swatch Of Ocean Off Long Island's South Shore Could Become Biden Administration Wind Zone
President Joe Biden’s administration is planning a massive “wind energy area” in the New York Bight between the South Shore of Long Island and the New Jersey coast. According to reports, in an effort to make his lofty goal of making the nation's electricity sector carbon neutral by 2035, Biden’s administration is set to start selling leases in the area to promote clean energy. According to reports, constructing the offshore turbines would create approximately 32,000 jobs between 2022 and 2030 with 6,000 permanent jobs when the project is complete. “President Biden believes we have an eno…
Business
Massachusetts' Unemployment Rate Takes Nosedive - A Good Sign For Economy
The Massachusetts unemployment rate took a nosedive from July to August - a sign that the economy is rebounding. And Massachusetts no longer has the highest unemployment rate in the country. The state’s overall unemployment rate fell by 5 percentage points between the two months, according to the U.S. Bureau of Labor Statistics. It’s a rare abrupt change in the monthly rates. In August, the unemployment rate was 11.3 percent In July, the rate was 16.2 percent unemployment. Massachusetts gained more than 50,000 jobs in August, the early numbers indicate. While Massachusetts’ economy ha…