According to the Federal Reserve Bank of Boston and the Executive Office of Labor and Workforce Development (EOLWD), workers in Boston and the Metro north area have high levels of schooling and also have the largest share of young residents and employees in the area.
This is a plus that is balanced out by the fact that close to 15 percent of the working-age residents in the area don’t have a high school diploma. According to the Massachusetts Department of Labor, the recent report, titled “Labor Market Trends in the Boston/Metro North Region,” illustrates the need for the area to step up its availability of post-secondary education to help workers gain the tools they may need in various career fields. This is especially important at the community college level.
In the Boston and the Metro North regions of the state, it’s critical that state officials work to create and build both educational and career paths for young adults.
Our Boston workers’ compensation attorneys understand that Boston and the metro area have a large population of younger residents and younger workers. A lot of regions of Massachusetts face the demographic challenges of a population that’s aging. In contrast, the Boston and Metro North regions have the largest concentration in Massachusetts of employees and residents who are under the age of 35. According to the most recent reports, close to 50 percent of our region’s labor force fell into this category — workers under the age of 35. This young age group only accounts for about a third of the labor force throughout the entire state so you can see how many we have locally. These young people who live in the area are also likely to be well-educated. As a matter of fact, a good number of them already have at least a Bachelor’s Degree.
These young people are disproportionately unemployed though. People who are between the ages of 16 and 24 accounted for the largest share of jobless people among the different categories of young residents. According to recent reports, these young workers accounted for about 30 percent of all of the unemployed people even though they only accounted for about 17 percent of the civilian labor force in the Boston and the Metro North regions.
Thomas M. Menino, the Mayor of Boston, says that he and officials in the area have directed the city’s investments into the struggling labor market. They’re focusing on making sure that everyone is benefiting from the economic successes in the area. The area is working on strengthening the power of the younger and more educated workers, but Menino stresses an importance of making sure that everyone in the area has a job.
It’s important that workers are in a position that they’re able to handle. Regardless of education, degrees and other schooling, workers need to be properly trained in the jobs they’re required to complete at work. Employers are required to make sure of this and to make sure that everyone is provided with the safety equipment needed. Make sure you’re getting the right education on the job not only to make your day run a little smoother, but to help to eliminate your risks for an accident, too!
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