Community Breakfast and Discussion: Causes and Consequences of Vermont's Changing Demographics with Economist Dr. Arthur Woolf
The Counseling Service of Addison County, Addison County Economic Development Corporation, and United Way of Addison County were pleased to have the economist, Dr.Art Woolf, at The Counseling Service of Addison County last Thursday to speak about the impact of Vermont's changing demographics on the economy.
His presentation discussed how low birth rates and a shrinking workforce are having an effect on schools, businesses, service providers, and the tax base, among other economic and social structures. Dr. Woolf has been studying the issue of this shift for years and exploring the changing demographic implications for Addison County and Vermont.
“Dr. Art Woolf highlights both opportunities and risks for Vermont as the State ages and our population contracts. This shift has real implications for Addison County, including for our workforce, economy, and social structures. The Counseling Service is feeling the pinch of a shrinking workforce and an aging population, and it will have a profound impact on our non-profit. As one of the top five employers in the County, CSAC must adapt to the needs of an aging workforce so that we continue to attract talented professionals who provide critical care and services. Despite these headwinds, I feel hopeful that our tight-knit community can use this an opportunity to work together so that we remain a vibrant place for all.” - Rachel Lee Cummings, Executive Director of CSAC