Housing prices drive young people away
The Western Massachusetts economy still has a lot of things going for it. But if the region doesn't do more to stop the exodus of young workers, there's trouble ahead.
That was the message hammered home by demographer Peter Francese, who was in town last week to address 200 members and guests of the Affiliated Chambers of Commerce of Greater Springfield during the group's annual meeting.
Francese, founder of American Demographics magazine and currently director of demographics for the New England Economic Partnership, said Hampden County has a "terrific mix" of industries, with 25 percent of the work force in education and health services, 16 percent in trade, 14 percent in manufacturing and 9 percent in financial services.
That was the message hammered home by demographer Peter Francese, who was in town last week to address 200 members and guests of the Affiliated Chambers of Commerce of Greater Springfield during the group's annual meeting.
Francese, founder of American Demographics magazine and currently director of demographics for the New England Economic Partnership, said Hampden County has a "terrific mix" of industries, with 25 percent of the work force in education and health services, 16 percent in trade, 14 percent in manufacturing and 9 percent in financial services.
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