Sunday, March 26, 2017
Economic Development News and Views
March 28, 2017
Information you can use:
Closing the Skills Gap: Creating Workforce-Development Programs That Work for Everyone (McKinsey & Company) – Suggestions given for building a results-oriented Workforce Development Program which can apply to state or local programs.
Census’s American Community Survey (ACS) – The ACS is the most-used data source on PolicyMap. It is now updated to 2015 with new data and some new indicators.
Economic Development News:
How States Compare on a Critical Jobs Measure – Some economists say the employment-to-population ratio for prime-working-age adults can be more reliable than the unemployment rate. The highest ratios of any state last year were in Wisconsin (85.7 percent) and Nebraska (85.5 percent).
“International Entrepreneur Rule” – Changes have been made to the initial rule which outlined a “parole” period for foreign entrepreneurs, granting three years in the U.S. to grow a startup. To qualify, the founder had to prove that the startup met certain requirements. The article states that the “final rule loosens up on a number of benchmarks necessary to qualify for the parole, responding to criticism that the proposed requirements were too restrictive.”
How Yesterday's Industrial Workplaces Are Becoming Today's Data Centers – Data centers are being described as the factories of the 21st century.
Regional Talent Pipelines: Collaborating with Industry to Build Opportunities in Texas – The Federal Reserve Bank of Dallas and Austin-based nonprofit Center for Public Policy Priorities reviewed national best practices to provide a guiding framework for analysis and then, in partnership with the Texas Association of Workforce Boards, surveyed the 28 regional workforce boards in Texas as to creating advancement opportunities for lower-skilled workers and helping job seekers maximize their value in the changing labor market.
The State Economic Development Performance Indicators White Paper – This recently published white paper by the Center for Regional Economic Competitiveness (CREC) and Smart Incentives examines commonly used indicators and provides guidance to improve and expand evaluation efforts for 123 incentive programs.
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