NU Hot Topic Breakfast 14 Jan 12

A large crowd was on hand for the latest New Ulm Area Chamber of Commerce Hot Topics Breakfast Friday morning at the New Ulm Country Club. The speaker for the event was State Demographer Tom Gillaspy, who talked about the big changes that Minnesota, and the nation, can expect in the coming years. Locally, Gillaspy said that population of New Ulm leveled off in about 1970, although the trend of area youth moving away after school is now apparently over. He also talked about the decline of the economy beginning in 2008, and said that employment is not expected to reach pre-recession levels until around 2014. Many occupations will see their replacement numbers outnumber new job growth in coming years as more and more Baby Boomers retire, but occupations that deal with senior citizens, such as doctors, will likely see worker shortages in the near future. Next month’s New Ulm Chamber Hot Topic speaker will be the President of Hospitality Minnesota, Dan McElroy.