Business Chief US+CAN Magazine November 2019 | Page 74

CITY FOCUS | CHICAGO HOUSTON
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T he capital of Massachusetts , Boston is the largest city in the New England area of the United States , the 23rd biggest city in the country . Despite covering only 90 square miles , its 685,094 inhabitants make it one of the most densely populated areas in the United States , with a density of 13,841 people per square mile , according to World Population . The Greater Boston area is the fourth most densely populated region in the United States , only behind the New York Metro Area , Greater Los Angeles and the South Florida Metro Area . The population of Boston is affected heavily by the day-night cycle . Findings by World Population place 1.2mn people within the city limits during work hours and 2.0mn people in the city for special events . Due to its participation in several important historical events , Boston has a year-round tourism industry . One of the top 10 tourist attractions in the US , according to City Date , the city features almost 2,000 restaurants and 62 historical sites .

According to the Boston Planning & Development Agency Research Division , May 2018 , Boston ’ s economy has been on an upward trajectory since 2013 . Per capita income for residents of Boston stands at USD $ 40,000 . In terms of unemployment , Boston ’ s rates are below the state and national averages . While the country ’ s unemployment rate currently stands at 3.7 %, Boston ’ s has managed to stay below 3 %. The city has seen its unemployment rate in steady decline since the 2009 high of 7.6 %.
NOVEMBER 2019