Board of Directors William H. Dunlap, Chair David Alukonis Eric Herr Dianne Mercier James Putnam Todd I. Selig Michael Whitney Daniel Wolf Martin L. Gross, Chair Emeritus Directors Emeritus Sheila T. Francoeur Stuart V. Smith, Jr. Donna Sytek Brian F. Walsh Kimon S. Zachos “…to raise new ideas and improve policy debates through quality information and analysis on issues shaping New Hampshire’s future.” Trends Impacting Education and the Economy Presentation to NHCBE September 17, 2014
At the Macro Level? 2
Growth Projections Limited
The Workforce is Projected to Decline
Size of Labor Force Working-Age Population (Age 20-64) Assuming no migration the working- age population in New Hampshire will decline nearly 10% in the state. The northern rural counties will see larger declines. Carroll County sees the biggest declines. % Change US1.0% NH-9.7% Strafford-2.4% Hillsborough-5.5% Cheshire-8.9% Merrimack-10.2% Grafton-11.2% Rockingham-12.3% Sullivan-14.7% Belknap-16.3% Coos-20.0% Carroll-24.4% Source: Daniel Lee, Plymouth State University
Poverty growing, particularly quickly for those under 18
7 Education, Labor and Workforce Change in population share, 2000 to 2010 Percent of adult population with an associate degree or higher Percent of population in Science and Engineering workforce High school graduation rate Student debt per person Rate at which high school graduates go on to post- secondary institutions Percent of children aged 3 to 4 years old enrolled in preschool
Education Dashboard
Geography
10 Continuing population declines
Geographic disparities in Poverty are stark and the nature of migration has changed
12 Building on success For its size, the Nashua-Manchester Corridor is in the top 10 with fastest growing companies 12
New Hampshire Center for Public Policy Studies Want to learn more? Online: nhpolicy.org Facebook: facebook.com/nhpolicy Our blog: policyblognh.org (603) “…to raise new ideas and improve policy debates through quality information and analysis on issues shaping New Hampshire’s future.” Board of Directors William H. Dunlap, Chair David Alukonis Eric Herr Dianne Mercier James Putnam Todd I. Selig Michael Whitney Daniel Wolf Martin L. Gross, Chair Emeritus Directors Emeritus Sheila T. Francoeur Stuart V. Smith, Jr. Donna Sytek Brian F. Walsh Kimon S. Zachos