Challenge Following significant job losses during the Great Recession, Yoakum, Texas, has experienced steady annual employment growth since the downturn’s official end in 2009. These gains reflect the continued diversification of the area economy, driven in large part by energy-related growth surrounding the Eagle Ford Shale. The city has also […]
Challenge The idling of Alcoa’s aluminum production facility in Rockdale, Texas—announced at the height of the Great Recession—would ultimately put more than 1,200 employees out of work and shutter nearly two dozen local businesses that were reliant on the plant or its employees. The crisis brought together representatives from the
Challenge Despite its largely positive economic climate, Texas’s Lower Rio Grande Valley has long faced daunting workforce development challenges. Nearly one-half of the region’s working-age population does not have a high school diploma and only 1 in 8 have a bachelor’s degree or higher. Employers face numerous additional challenges, including
Challenge The Wired65 region, comprised of 26 counties surrounding the Louisville metropolitan area, presents a unique combination of assets and challenges. Home to Worldport, UPS’s international shipping hub, the area boasts a strong logistics and distribution cluster, as well as a significant automotive presence. In addition, the consolidation of the
Challenge Southlake boasts multiple competitive advantages. It is centrally located in the Dallas-Fort Worth area, one of the fastest-growing regions in the United States, and is recognized as a visionary community with active, engaged citizens who are dedicated to high quality, excellence, and success. This reputation also extends to its
Challenge While the Lower Rio Grande Valley of Texas fared better than much of the country during the Great Recession, it was not immune to the downturn. Across the four-county region, the construction, manufacturing, transportation, and farming industries were hardest hit, adding tens of thousands of workers to the unemployment
Challenge The Milwaukee region has a strong base of technology talent with almost 76,000 tech workers that support 140 industries and generate more than $27 billion for the regional economy. However, the region’s technology talent cluster has not grown as rapidly as peer regions’ and has struggled to be competitive
Challenge Recognizing that talent is a key driver of regional competitiveness, the Tampa Bay Partnership assessed talent indicators for the region and measured these against 19 peer communities. This exercise revealed that the Tampa Bay talent pool lagged its peers, particularly in metrics related to the regional talent pipeline. In
Challenge The Austin-Round Rock metropolitan area has experienced unprecedented economic growth and prosperity for decades. However, much of the region’s population has not shared in that prosperity. The area has rapidly become less affordable for residents—including those with jobs—as housing costs have continued to outpace wage growth. At the same
Challenge The Red River Army Depot (RRAD) has long been the single largest employer and a critical economic engine in the bi-state Texarkana region. In response to cuts in federal defense spending and Army downsizing, regional officials sought to prepare for what they anticipated would be further workload reductions and
