| What's hot, what's not in region's job sectors
The retail sector shed 750 jobs in the North Shore Workforce area from 2001 to 2006, state data show. The losses may have been the result of the merger of Filene's and Macy's department stores. There are some signs the retail decline may be slowing. NorthshoreMall in Peabody - the region's largest shopping center with 2,600 employees - expects to add 600 to 800 jobs by next year, when Nordstrom's is to open a new anchor store, while other stores expand. A Macy's Men's and Home Furnishings became the newest mall tenant last week when it opened at the former Lord & Taylor site. Other new tenants include Timberland, The Cheesecake Factory, and a revitalized Filene's Basement. "Cashiers and sales workers aren't fast-growing jobs," said Eliot Winer, chief economist at the state Department of Employment and Training.
Shane Ross wants to enact a Broadband bill
Together with roads, public transport, health our infrastructure is a joke and may well cost us dearly in the more challenging times ahead. With the level of unprecedented growth and its associated wealth that was generated over the past 15 years, we really need to be investing more in infrastructure if we want to keep competitive. Broadband penetration is still too low, and with speeds of 2/3mb per second, broadband speed is ridiculous. .
Clairvest ensnared in case of missing millions
Clairvest Group Inc. is perhaps best known for its founder, Joseph Rotman, whose name graces the University of Toronto's business school.But for the past year, the Toronto-based merchant bank has gained some unwanted attention for a messy lawsuit it is pursuing with another firm to recover $20-million in loans that have vanished. .
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