Boston Fed panelists say immigration, tech, higher ed help slow Mass. population loss
Event co-facilitated by UMass Donahue Institute
From the article:
Based on data from the U.S. Bureau of Labor Statistics, the Donahue Institute at the University of Massachusetts estimates that employment in the commonwealth likely won’t grow by more than roughly 20,000 new jobs over the next seven years. That estimate — which could be even smaller if there's a dropoff in certain years due to an economic downturn — is “so constrained because of population figures we’ve been looking at,” said Alan Clayton-Matthews, professor of economics and public policy at Northeastern University.
Dr. Clayton-Matthews is also a member of the MassBenchmarks Board.
January 19, 2023