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Is New England experiencing a \"brain drain\"?: facts about demographic change and young professionals

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  • Heather Brome

Abstract

Recent news articles and studies have generated concern among New England policy makers and others that the region?s supply of young, highly educated professionals is disappearing. The fear is that comparatively high housing and other costs may be driving away many within this highly mobile group. This paper explores trends in the stocks and flows of young professionals, defined as people 25 to 39 with at least a bachelor?s degree. The goal is to help policy makers better understand this important demographic story, giving them the facts about how various factors, including migration, are affecting the region?s supply of young, educated labor.

Suggested Citation

  • Heather Brome, 2007. "Is New England experiencing a \"brain drain\"?: facts about demographic change and young professionals," New England Public Policy Center Discussion Paper 07-3, Federal Reserve Bank of Boston.
    • Handle: RePEc:fip:fedbce:07-3
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    File URL: http://www.bostonfed.org/economic/neppc/dp/2007/neppcdp0703.pdf
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    Cited by:

    1. Zabel, Jeffrey E., 2012. "Migration, housing market, and labor market responses to employment shocks," Journal of Urban Economics, Elsevier, vol. 72(2), pages 267-284.
    2. Grazyna Kowalewska & Lesław Markowski & Magdalena Wojarska & Nelson Duarte, 2021. "The Impact of Economic and Non-economic Factors on the Willingness to Migrate of Young People in the COVID-19 Pandemic Time," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 291-302.

    More about this item

    Keywords

    Labor supply - New England; Labor mobility - New England; Professional employees - New England; New England - Population;
    All these keywords.

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