Mismatch In The Labor Market: Measuring The Supply Of And Demand For Skilled Labor In New England

Source: Federal Reserve Bank of Boston

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Over the past decade, policymakers and business leaders across New England have been concerned that the region's slower population growth and loss of residents to other parts of the country will lead to a shortage of skilled labor - particularly when the baby boom generation retires.1 Prior to the Great Recession, the concern was that an inadequate supply of skilled workers would hamper future economic growth by creating barriers for companies looking to locate or expand in New England.
Format:PDF Size:1863.68
Date:Nov 2010