TIP has spent 30 years at the intersection of economic and workforce development. Our early adoption of a holistic approach that acknowledged the important role of talent in economic vitality anticipated a shift in the profession. TIP CEO and founder Tom Stellman looks back at company milestones in this practice area and considers future trends.
International students help strengthen economies through their contributions to local industries, culture, and workforce. The US benefits from the steady influx of global talent, particularly in STEM fields, through the F1 visa program. Cities that align academic programs with industry needs and embrace remote work trends are becoming hubs for retaining skilled graduates, fostering long-term economic growth.
How International Students Strengthen the Workforce Read More
Connecting workers to job opportunities and long-term career paths is a critical component of sustainable economic growth that is often hampered by a lack of information sharing and coordination among organizations. TIP’s proprietary Job Quality and Access tool, developed in collaboration with the Chicago Metropolitan Agency for Planning, provides multi-dimensional data that helps identify higher quality and more accessible jobs across geographies.
Rural America faces disparities in access to essential services and opportunities compared to urban areas. While the percentage of households without vehicles is similar across rural and urban regions, the income gap is substantial, highlighting the need for affordable and equitable mobility solutions. Could microtransit offer a promising solution to address this challenge?
Last month, John Karras attended the International Economic Development Council (IEDC) 2024 Leadership Summit in Phoenix, Arizona. In addition to speaking on a panel about high-performing regions and attending a plenary session on clean energy featuring TIP managing partner Jon Roberts, he took away observations about the importance of cross-jurisdictional collaboration which he shares in his latest post.
Recognizing the resources required to holistically implement its new strategic plan, the Anchorage Economic Development Corporation (AEDC) has taken collaboration and coordination to heart. In addition to integrating the plan’s four pillars and related visualizations into their website, AEDC has created cross-sector working groups to move each pillar forward.
Field Notes: Creating a Collaborative Framework for Implementation Read More
The preparation of a comprehensive economic development strategy (CEDS) is crucial for enhancing regional competitiveness. The third installment in TIP’s CEDS series focuses on integrating equity into the planning process to ensure a high-quality, compliant strategic plan that expands access to economic opportunities.
How Can a Community Make Equity the Foundation of a CEDS? Read More
Communities rarely embark on sustainability planning efforts under the auspices of economic development initiatives, which is a missed opportunity to impact a community’s industries, environment, and economic resilience. In a recent ED Now article, Jenn Todd-Goynes outlines critical questions to guide the process for an economic sustainability plan. The article is reposted here courtesy of the International Economic Development Council.
As the global pandemic continues to affect communities around the world, recent access to the COVID-19 vaccine has provided a much-needed glimmer of hope for a return to normalcy. While the vaccine rollout overall has had its ups and downs, some communities have had great success administering doses to residents. One such community is Larimer County, Colorado.
As the COVID-19 crisis and its economic effects continue to unfold, it has become clear that communities need to understand the job-related exposure and financial instability their residents risk to more effectively direct resources and support. To help shed light on these issues, TIP created the Occupational Risk Tool, based on the characteristics of occupations across the US. The health risk and risk to earnings scores, assigned by TIP, form the basis for the Occupational Risk Tool. Learn more about TIP’s unique new tool, experience an interactive demo, and read about the lessons we’ve learned on our blog.
