Challenge At the onset of the COVID-19 pandemic, the Texas unemployment rate skyrocketed from its historical low of 3.4 percent in January 2020 to its historical high of 12.6 percent in April 2020. Like the rest of the country, a wide range of stakeholders, including public officials and economic development …
Challenge The availability of skilled labor has been an increasingly important factor in site location decisions. For corporate decision-makers, it is no longer sufficient to understand the overall supply of workers; investment decisions often depend on the ability to demonstrate a likely pool of workers with specific skills. Response Nashville-based …
ProVenture – Labor Market Research (Selected Markets) Read More
Challenge The federal Base Realignment and Closure Commission (BRAC 2005) decided to realign the 188th Fighter Wings of the Air National Guard at Fort Smith, Arkansas. This decision prompted concerted action on the community’s part to maintain existing levels of engagement with Fort Smith. Though the community avoided economic catastrophe, …
Challenge In late 2019, Delaware was enjoying some the lowest unemployment levels in the state’s history. The state’s largest city, Wilmington, boasted a thriving tech sector, built on its strengths in business and financial services, that supported $65 million in wages and 17,000 jobs. Yet despite these favorable economic conditions, …
Challenge The US Department of Energy’s 300-square-mile Savannah River Site (SRS) has been a key economic driver in South Carolina since the 1950s, making the federal government and its contractors the region’s largest industry sector. Established in 1993, the Savannah River Site Community Reuse Organization (SRSCRO) is charged with facilitating …
Challenge Maury County, Tennessee, enjoyed a relatively young housing stock, low rates of violent crime, and a healthy share of residents ages 20 to 39. These attributes, along with its location in the orbit of the Nashville metropolitan area, should have made Maury County a contender for talent attraction and …
Challenge Lewis County, Washington, sought to mitigate job losses and community divestment resulting from the closure of the state’s only remaining coal-fired power plant, TransAlta. Under a grant from the US Economic Development Administration’s Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) initiative, the community engaged TIP Strategies to …
Challenge Established in 1975, the Hispanic Scholarship Fund (HSF) is the nation’s largest nonprofit dedicated to increasing college graduation rates among Latinx families in the US. In addition to its dedicated scholarship fund, the organization operates a broad range of outreach and education programs in support of this goal, including …
Hispanic Scholarship Fund – Economic Impact and Workforce Studies Read More
Challenge Fueled by troop movement at Fort Hood—Texas’ largest single-site employer – and expansion in the regional medical industry, the Greater Killeen area has experienced significant population growth over the past several decades. As the region continues to expand, it increasingly competes with the diverse amenities and higher wages offered …
Greater Killeen Chamber of Commerce (TX) – Labor Force Impact Study Read More
Challenge Between 2010 and 2015, the Fort Collins–Loveland economy expanded at a rapid pace, adding nearly 20,000 jobs. The local labor market did not keep pace, however, adding just 11,000 workers over the same period. This imbalance, coupled with low unemployment and high underemployment, left many employers unable to find …
Fort Collins Area Chamber of Commerce (CO) – Talent 2.0: Regional Workforce Study Read More
