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Labor shortage predicted in region

Associated Press / December 6, 2010

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Despite high unemployment, analysts see a labor shortage looming in New England. Alicia Sasser Modestino, author of a Federal Reserve study, said the population has declined steadily in Massachusetts and other New England states during recent decades and baby boomers will retire in coming years. She said the result could be a shortage of up to 780,000 skilled workers by 2018, especially for jobs such as surgical assistants, preschool teachers, lab technicians, legal secretaries, and office administrators. Other professions likely to experience shortages are pharmacists, physical therapists, database administrators, and other positions requiring college education.