Professor or Dr. Thomas White, Chair of the Economics and Global Studies Department at Assumption College, was mentioned in last month’s Worcester Regional Research Bureau brief. The document, titled, “Community Dialogues on Race—Economic Development,” offers Worcester-specific data on the city’s population, household income and housing.
The brief cites Professor White’s Worcester Economic Indicators Report, showing a steady increase of Worcester Economic Index since January 2014 — a positive economic indicator for the Worcester area. Other data sources used in the brief include Massachusetts Department of Housing and Community Development, City of Worcester Executive Office of Economic Development and U.S. Bureau of Labor Statistics.
Below are a few key highlights from the brief.
- The Massachusetts median household income is greater than the national median.
- Worcester area unemployment has steadily declined over a one-year period from March 2014 to March 2015.
- Worcester County has 1.17 times the per capita number of employees in the manufacturing industry compared with the national average.
The brief can be particularly useful to business and economics students citing secondary research for projects and written assignments. Students looking to stay in Worcester or Massachusetts post-graduation may also find the information relevant to their job search.