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. Prior to the Great Recession, the concern was that an inadequate supply of skilled workers would ham...
A mismatch is brewing between the supply of skilled workers in New England and the increasing demand for such workers, according to a new report by the New England Public Policy Center at the Federal Reserve Bank of Boston.The study by senior economist Alicia Sasser Modestino shows that, over the next 10 years, New England will face not only a shortfall in the number of workers it needs to pull th...
The Federal Reserve Bank of Boston will host a free forum, titled "Mismatch in the Labor Market? Ensuring an Adequate Supply of Skilled Labor in New England," on Tuesday, Nov. 30, from 8:30 a.m. to noon.Alicia Sasser Modestino, senior economist at the FRBB's New England Public Policy Center will describe the misalignment between the number of workers employed and the mix of skills needed in the ...