- October 10, 2022
- Posted by: Stratford Team
- Category: Economy
While Pennsylvania’s retired population grows in the future, its working-aged and school-aged populations that support them will shrink.
Such are the projections in a new report from the Independent Fiscal Office, noting flat state population growth in the near term and a slight decline in the long term (-0.1% annually).
After slight population growth since 2010 (0.2% annually), long-term projections look to wipe out some of that growth. What’s worrying is the population decline among the young.
“The school age cohort (age 0 to 19) declined 0.4% per annum from 2010 to 2020 and is projected to decline 0.9% per annum in the near and long term,” the report noted.
While the growth and decline has not been equal, with changes favoring the southeast and suburban counties near major cities, as The Center Square previously reported, state emergency medical services have faced funding struggles.
Population loss has also meant…
