Posted on 06/29/2006 9:42:37 AM PDT by presidio9
New England states will face a shortage of educated young workers if demographic trends continue, according to a study to be released today, a shift that could exacerbate business leaders' worries about the region's workforce.
The report, by scholars at the universities of Massachusetts and Connecticut, finds that each of those states stands to lose tens of thousands of young workers holding at least a bachelor's degree by 2020, a period when the same critical workforce will grow in other regions.
``This new finding should heighten everyone's concerns about the region's long-term economic vitality," concludes the report, which was sponsored by the Nellie Mae Education Foundation, a Quincy philanthropy that promotes access to colleges and universities.
Moreover, the working-age populations of both states, plus those of Maine and Rhode Island, will shrink over the same period, the report found, in contrast to the growth expected in Sun Belt and Western states. Businesses will be particularly anxious about the lower numbers of skilled workers, said study co author Stephen Coelen of the Connecticut Center for Economic Analysis in Storrs.
``You can look at this any way you want to and you'll find we have lost population, which is going to make it harder to be competitive," Coelen said in an interview yesterday. ``We've constantly been talking about this trend since the 1990s, but we have never had data that show we're on the precipice as much as we're seeing this now."
The report comes as some of the largest companies with headquarters in Massachusetts, such as mutual-fund giant Fidelity Investments and data-storage maker EMC Corp., increasingly are adding employees in other states and countries, amid worries they have tapped out the workforce in a state that census data show is growing slowly.
(Excerpt) Read more at boston.com ...
So are these red people upping the Congressional delegations of the red states, or blue people making the red states bluer?
"New England states will face a shortage of educated young workers ..."
Not just will, but are now, and have been leaving for decades.
The hard working, smart, trained...can leave.
The young do leave.
Everyone in New England, who should know about such things, has known about this trend for years and years as the article reports...and there's nothing anyone can do about it...unless they wish to. Every state in New England ,save NH, makes its terribly expensive to do business. That's the problem. And as we all know, New England is far above such mundane things as accommodating business. They are there to TAX business, not make it productive.
Maine saw a net flight of the young in the 90's that was 4-5 time greater than teh national average.
As socialism destroys economies and Maine is socialist (the only industry growing in Maine is government)folk flee when they are presented with the resulting combination of #1 tax burden for income and #37 wages paid.
For myself, I'm no longer in the "young" category, but my Mass. roots go back 300 years. Lived here all my life. Never considered going anywhere else -- until about a year ago. It just plain sucks to live here.
I think they are running off young heterosexual adults. Bush-Cheney carried 97 of the 100 fastest growing counties in the US. I bet most of the people leaving New England are moving to those counties. Massachussetts has the lowest birth rates in the country. I think they will actually lose population in the next census not just lose representation.
Yep. Any whose source of wealth is an "income" is a fool to live in NE.
Great place for established wealthy, not so for those starting out.
Remember, Rockerfeller was quoted favoring the income tax because "it would keep the damn doctors and lawyers out of [his] neighborhood."
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for.
Freep mail me to be added or dropped. See my home page for details and previous articles.
Unfortunately it looks like the Locust Liberals have turned New Jersey solid blue and are in the process of doing the same to Colorado.
Unfortunately it looks like the Locust Liberals have turned New Jersey solid blue and are in the process of doing the same to Colorado.
Memo to ALL levels of government, EVERYWHERE:
First Law of Political Economics: If you tax it, you get less of it. If you subsidize it you get more of it.
Refusal to accept this simple truth will be the proximate cause of the collapse of any political entity; no matter how "great" its glory or empire may have been.
I'll thank you very much to keep in mind that NY is definitely NOT part of New England...
You said it. Not 300 years, but my own Massachusetts roots go back 150 and I've never wished to live anywhere else until I witnessed developments of the past few years. The state government is a sinkhole of Marxist blather and outright, bare-faced corruption. And yet a substantial number of Volvo driving, soccer watching, ecoloonie watermelon, UN one-world, Utopian socialist, secular humanist residents love their "governing elite" and vote them into office repeatedly. As you said, "It just plain sucks to live here."
Bruce whined that he and Albert Do It all the time and are baffled as to why there are no children yet.
Lawns will look great. Businesses will move out or die.
Gee, that's too bad.
It will get cleaned up. May take the X'ers a few decades. Of course we'll all be dead and won't get to see it.
But, hey, our grandkids might.
Phew! For a minute there, I thought the headline was talking about the Patriots.
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