Report: Boston’s Knowledge Economy Hard On Unskilled Workers
Greater Boston’s economic success is leaving too many workers behind, according to a new report from city planners and the non-profit group The Boston Foundation.
The report (PDF) out Wednesday is the fifth edition of a major report called Boston Indicator, and the first to come out on the heels of this deep recession.
Boston Foundation head Paul Grogan says Greater Boston is the envy of the world in creating high-income jobs in the knowledge economy, but, “if you are not highly skilled or highly educated, you are punished.”
Grogan says the economic disparity here is wide and it’s getting wider, and it’s worse than other places in the country. The report says addressing this so-called underside of the knowledge economy is a big challenge going forward.