Greater Boston Chamber of Commerce
Coverage of Greater Boston Chamber of Commerce in the Nexus archive.
- In the panic over a talent exodus, Massachusetts is forgetting the underutilized talent it has
Massachusetts faces a talent exodus, with 26% of young residents planning to leave and 182,000 net residents exiting since 2020. While affordability and housing costs are prioritized, the state overlooks underutilized talent, including displaced workers, foreign-credentialed immigrants, and residents in communities of color near growing job sectors like biomanufacturing and life sciences.
- Young people plan to leave Boston over high rent and 'safety', new chamber of commerce survey shows
A survey by the Greater Boston Chamber of Commerce reveals 26% of young residents (20-30 years old) in the Boston area plan to leave within five years due to high rent and safety concerns. Similar trends are observed in New York City, San Francisco, and Los Angeles, with many relocating to lower-tax states like Texas, Florida, and South Carolina.