Greater Boston has ridden out the economic downturn better than much of the nation, but without a critical reinvention of our innovation economy, Boston could lose much of that advantage. City of Ideas: Reinventing Boston’s Innovation Economy, the 2012 report from the Boston Indicators Project, builds upon a theme first surfaced in the 2009 Boston Indicators Report, A Great Reckoning: Healing a Growing Divide. This new report finds that economic inequality in the city has reached even more serious levels, as the region’s economic growth sectors create new wealth, but leaves poorer parts of the city behind. Greater Boston, however, has ridden out the Great Recession better than many other parts of the country. The report also spells out opportunities for the city and region to reduce economic inequality and develop a more robust, sustainable local economy.

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This report offers a comprehensive set of recommendations for strategically revamping the Massachusetts community college system to better align it with the needs of a 21st-century workforce. The recommendations emerged from research, by the Workforce Strategy Center and MassINC, that illustrated the challenges facing the Massachusetts community college system and the features of effective community college systems in other states.

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In late 2008, the global and national economies crashed, with cascading challenges for people throughout the world and here at home, especially low-income households. The subsequent Boston Indicators Project’s report found Suffolk County to be among the most unequal counties in the nation and noted the increasing stress on low-income households in a high-cost city and region.  Today, almost three years after the onset of the Great Recession, those stresses are greater than ever.

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