UConn Economist Sees Education as Essential for Economic Recovery
UConn Professor of Economics and Director of the Connecticut Center for Economic Analysis, Fred Carstensen presented to CEA field staff today on the status of the Connecticut economy.
While the economic future of the state and nation remains uncertain, Carstensen highlighted the importance of education as a driver for economic recovery. Without a well-educated workforce, Connecticut will continue to lose jobs to other states and countries, and won’t be able to rebound when the economy improves.
“Our educational system and the education-workforce pipeline are incredibly important because that is what sustains our economy. If citizens don’t support funding for education, we’re not going to have the workforce that’s able to attract or retain the businesses that will generate the revenue base that provides the services that citizens want,” said Carstensen.