November 30, 2023

Equitably Addressing the Workforce Crisis in MA: How to Capitalize on Minority Serving Institutions

Massachusetts is experiencing a dual workforce challenge – a shrinking labor force and a lack of diversity in key sectors. Increased mobility due to the availability of remote work, high costs, and troubling demographic trends create challenges for the state to meet its current and future labor force needs. Between April 2020 and July 2022, Massachusetts lost 110,000 residents to other states. These migration trends have a significant impact on the workforce; a recent survey of members of the Massachusetts Business Roundtable found that 75 percent of employers anticipate difficulty in finding talent to fill open jobs over the next year.