Workforce Development Programs Are in Overdrive
8 Feb 2022
News
States have always competed for new development projects and expansions to broaden their tax base and create good-paying jobs for their workers. Incentive packages typically include free workforce recruitment, training, and other support, as long as the companies hit their investment and employment goals. However, the COVID-19 has disrupted the U.S. economy, resulting in the loss of nearly 20 million jobs and the closure and bankruptcy of thousands of companies, while other businesses turned to Industry 4.0, such as automation and robotics, and invested in the communication technologies required for remote work to stay in operation.
More Topics
I'm mad as hell and I’m not going to take it anymore” declared the longtime news anchor Howard Beale in the 1975 film classic Network.
A similar debate is raging across the world about the future of work, and there is a lot more at issue than how often...
No Easy Fix for Supply Chain Struggles
Feb 4 2022The growing number of ships queuing outside the ports of Los Angeles and Long Beach, which are responsible for approximately 40 percent of the nation’s imports, stems from a surge in cargo that was anticipated over a year ago.
In March 2020, just one month into the pandemic, terminal...
It’s no secret that the recipe for economic success usually includes generous portions of innovation and technology. That has been part of the economic development story for many years in such places as Boston, Seattle, the Research Triangle, and Silicon Valley.
But just as you can find more and...