- Workforce Changes Since 2019:
- The civilian labor force fell by ~130,000;
- 120,000 residents turned 65
- 150,000 left the workforce due to retirement
- In sum - in September 2023, there were 150,000 more job openings than unemployed people in the state
- The civilian labor force fell by ~130,000;
- Migration:
- Highest net domestic outmigration in 30 years
- Largest outmigration group are those aged 26 – 35
- Some good news - international immigration rebounded in 2022, 55% have a bachelor’s or graduate degree
- Highest net domestic outmigration in 30 years
Related to ECONOMY
