Economic Development
Covering topics such as development incentives, business preservation, job creation and training and unemployment.
Work requirements through welfare have helped recipients find meaningful jobs. America has a vast workforce network at the ready to provide job placement services.
State and local officials have promised the electric vehicle maker free land, a state-owned training center, a new interchange along I-20 and tax breaks in exchange for a local factory that would create 7,500 jobs.
Despite declining COVID numbers, the state’s unemployment numbers remain well above the national average. Businesses are still cautious about hiring and thousands of workers are quitting their jobs.
To combat the continuing labor shortage, many companies are reconsidering hiring requirements and are “downcredentialing” their job openings. Many expect this reclassification to continue beyond the pandemic.
Three Wall Street firms will commit $3 million each for the next 10 years for the “Investing in Black Futures” initiative, which will recruit, train and mentor students from four historically Black colleges and universities for finance careers.
Gov. Phil Murphy announced that Danish company Ørsted will lease the Lower Alloways Creek Township port for two years beginning in 2024 to build wind farm parts, which will create at least 200 jobs for the region.
The Minnesota city has received more than $1 million from the state to help prepare individuals for new careers, particularly in the health care, construction, IT and manufacturing fields.
A Pew analysis finds that a third of states lost residents in 2021. Analysts are debating whether these shifts and slowing population growth rates throughout the country really are signs of “demographic doom.”
A new report found that just more than one-third of the California county’s 190,000 total jobs were “quality jobs.” But a public-private initiative wants to upgrade the region’s employment by about 20 percent.
The bottom half of Americans saw their wealth grow by 301 percent in 2020, in part boosted by unemployment benefits and stimulus payments. Despite that growth, the wealth gap also increased.
Nuclear industry giant Westinghouse believes that their micro-reactors could dramatically change Alaska’s relationship with energy, but not everyone is so certain of the systems’ economic and environmental benefits.
Population growth is slowing or reversing just about everywhere in the country. That has enormous implications for our future economy and prosperity.
When urbanists gather, too often the bias is to the issues faced by coastal cities and the Sun Belt. The sense of Midwest irrelevance has always been a part of the American psyche.
It’s a fast-growing, multibillion-dollar industry that provides lots of jobs and consists mostly of small businesses. But it’s poorly understood by economic developers.
The $900 million project will be developed by the utility firm Cleco and is part of the state’s campaign to reduce greenhouse gas emissions. Louisiana is the only state in the Gulf South region to put forth such a plan.
The increasing restrictiveness of copyright threatens our commons of creative work that anyone can borrow from and build on. The public domain needs a physical capital where it could be celebrated and encouraged.
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