THE PRINT EDITION
THURSDAY, JUNE 26, 2019
VOLUME XIX- ISSUE 74
The Job Picture in South Boston by Rick Winterson
I
n many ways, the business news – both locally and nationally – over the last two months (May/ June) has been unusual. For the most part, unusually good. The current U.S. economic expansion just reached the tenyear mark this month, which equals the length of the last major period of expansion from 1990 until 2000. In July, this current expansion will set a new record for overall length – more than ten years long. The stock market is also strong, with the S&P 500 achieving a new high last week. Economic growth has slowed but is still positive. To be sure, there are negative indicators a lso. A merica’s national debt continues to rise
rapidly, and clearly there are problems in many developing areas around the globe, especially in the Middle East. There is immense d issatisfaction with our governance, most notably the messy, bipartisan “Goings-on” in Washington, DC. Our nation seems to be tearing itself apart politically. Perhaps the most meaningful economic statistics to South Boston Online’s readership are the numbers related to this area’s job picture. In May, the U.S. added 75,000 jobs overall, which is a lower-thanusual rate. Even so, the jobs portion of the economy still expanded, even though it was at this slower rate. Yes, the expansive economy continues. The national unemployment figure was level, at a quite strong
Freedom
Perry School Visits State House
Rep. David Biele hosted Ms. Judith Nee’s kindergarten class from the Perry K-8 School at the Massachusetts State House. Students, teachers, parents and chaperones visited the House Chamber where the Massachusetts House of Representatives meets and conducts business. While in the Chamber, students learned about the history of the State House and the Legislature. Students also learned how bill becomes a law and sat at the desks of legislators to see how representatives debate and vote on bills and budget amendments. The kindergarteners, teachers and parents also stood at the same podium where President John F. Kennedy once stood and addressed the Massachusetts Legislature. Following their visit, the House of Representatives held an informal session.
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