Showing posts with label Boston news. Show all posts
Showing posts with label Boston news. Show all posts

Thursday, October 16, 2008

BusinessWeek ranks Boston as recession resistant

BusinessWeek ranks Boston No. 6 on a list of the best cities for riding out a recession.

Heralding the Hub's variety of resilient industries--including education, health and legal jobs--the list suggests that Bostonians armed with a 42.5% share of jobs in industries considered strong are in a good position to survive the financial meltdown.

The report cites Boston's world-class universities including Harvard and the Massachusetts Institute of Technology (not to mention Boston University, Northeastern and Suffolk) as an additional asset.

However, the city is at risk with its slew of finance, retail and hospitality jobs.

Click here for the BusinessWeek list.