On Demography and the Future of CT

Seems interesting appropriate for the Composition II student:

Connecticut’s leaders are understandably obsessing over the state’s fiscal crisis, but a prominent economist warned Monday that the bigger and more difficult challenge to its long-term economic health is anemic population growth and an aging workforce.

Barry Bluestone of Northeastern University told a Hartford audience that the state must continue smart-growth zoning policies that encourage denser, less expensive housing–a key factor in attracting a younger workforce.

While politicians often focus on taxes and a regulatory environment, a chronic labor shortage is ultimately more destructive to a region’s business climate and its fiscal stability, Bluestone said.

“Demography is destiny,” he told a forum organized by the Partnership for Strong Communities: “How the States Will Fight for Young Workers and Economic Growth.”

But we also shouldn’t forget about the seasoned workforce.

2 thoughts on “On Demography and the Future of CT

  1. Michael Kirschner

    The jobs my generation is attracted to are web development, we want to create the next Google and Facebook, the next Twitter and Digg.com but right now the brightest minds in that industry are flocking to San Francisco and Southern California. If Connecticut wants to attract a younger workforce it needs to focus on jobs in the tech sector.

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