#HighSkilledLabor

Massachusetts has a large share of young adults in its population. However, although Massachusetts’ labor force participation is among the highest in the country, its youth population is dwindling.

A new report from Pioneer Institute shows that Massachusetts has been in an economic slowdown since 2020, with the professional, scientific, and technical services sector (PSTS) exhibiting the greatest slowdown relative to competitor states since 2022. This sector includes scientific research and development, computer systems design, engineering, and scientific consulting firms.