Economic Development
Covering topics such as development incentives, business preservation, job creation and training and unemployment.
How can tariffs affect not just consumers, but state economies? An economist who studies trade policy offers an overview.
Gov. Ron DeSantis has decided to end the federal unemployment benefits program more than five weeks early to encourage hiring. The state’s jobless pay is $275 per week, or $6.87 per hour, one of the lowest rates in the country.
Based on the city’s low cost of living, an increase in minimum wage would benefit residents more than in other major cities. Currently, the baseline living wage in the city is 16.6 percent below the proposed $15-an-hour wage.
State and local leaders should prod Washington for the funding that can close the digital divide, protect utilities from cyber criminals, build smart cities and shape incentives for high-tech manufacturing.
As the country still struggles with a mass worker shortage, some Ohio companies are trying to encourage workers to apply for positions with incentives that include pay increases, signing bonuses and flexible schedules.
Any community’s civic culture has deep and stubborn roots in local history. But with the right sort of leader, new and innovative attitudes and practices can emerge.
Mobile, Ala., Mayor Sandy Stimpson has proposed that the city copy Birmingham’s plan to give its full-time and part-time city employees a $5,000 and $2,500 bonus, respectively, for working during the coronavirus pandemic.
“No industry should feel entitled to use up a human body.”
Many California tech workers are moving out of the state’s Bay Area and into neighboring Boise, which is driving up housing costs, increasing development and causing resentment among local Idaho residents.
The average number of workers available for every open job is half what it has been for the past 20 years. The government sector faces the biggest shortage of all, with 5 times as many open jobs as workers to fill them.
The majority of California’s nine Bay Area counties plan to drop their COVID-19 restrictions when the state does the same next week. The area has had some of the strictest restrictions during the pandemic.
The Kansas City Area Transportation Authority is looking to incorporate public transit into the region’s development conversations, as a way to incentivize and influence growth in the area.
Western New York officials hope that federal funding from the Innovation and Competition Act, the proposed infrastructure package and from stimulus relief funds would be used to develop tech hubs and revitalize transportation networks.
Women left the workforce during the pandemic from layoffs or to care for their children at a much higher rate than men. Experts hope women will return to work as schools and other businesses reopen.
Cities and towns across the nation are reducing their hours or closing pools altogether because they cannot staff enough lifeguards. Reasons for the shortage vary but are related to fallout from the pandemic.
A report has found that the state’s strict coronavirus regulations have set the state up to have one of its best years of economic growth. It is estimated that the state’s GDP will grow 7.1 percent this year.
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