Monthly Archives: May 2012

Verizon Pays $317k Settlement Money for Failing to Pay Mass. Unemployment Fund.

Verizon Communications, Inc. has agreed to pay $317,000 in a settlement to resolve the allegations that it failed to pay its full unemployment contributions to the Massachusetts unemployment trust fund.  A state investigation targeting employers that failed to pay their … Continue reading

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Progress Software Corporation Decides to Eliminate 260 Global Jobs.

Progress Software Corp., one of the Commonwealth’s oldest and largest software companies, has announced its decision to lay off about 15 percent of its workforce. This is equivalent to as many as 260 jobs.  The layoffs will be taking place … Continue reading

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After Encouraging Signs, Hiring Slows And Economy Settles Back Into Old Pace.

According to recent reports, the United States hiring pace slowed in April, 2012, and hundreds of thousands of American workers stopped looking for jobs.  Despite approximately 115,000 jobs being added in April, 2012, the labor force participation fell to its … Continue reading

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