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7.3. EDSR 10-17-2022
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7.3. EDSR 10-17-2022
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In case you missed it... <br />One of our main goals is to keep up with economic development industry standards, trends, and the latest news, to stay on top of the recent trends and <br />innovations so we can share all those pieces of information that may be relevant to you and your organization.Here is a brief recap of some of the most <br />relevant updates published through our Golden Shovel's newsletter “Economic Developer's EDGE”. <br />If you have an update that you would like to share with the rest of the world, let us know and we would be more than happy to help you spread <br />the word! <br />Attracting And Retaining Workers In Todays Challenging Market <br />According to the U.S. Bureau of Labor Statistics,unemployment has fallen to <br />pre-pandemic levels, but that doesn’t mean the workforce is simply returning to <br />normal. In March of 2022, a record 4.5 million Americans quit their jobs, leaving 1.9 <br />job openings for every unemployed worker. According to the Institute of Supply <br />Management, filling positions in the manufacturing industry is particularly <br />challenging. According to a recent survey by CNBC,fifty-two percent of all small <br />business owners report trouble finding workers. It’s safe to say that for every <br />employee who resigns, others are contemplating quitting. <br />Using Community Planning & Infrastructure Investment To Become <br />More Competitive <br />Meeting your community's existing needs while laying the groundwork for its anticipated need is more critical than ever. Meanwhile, the concept of <br />infrastructure is evolving. In addition to being functional, capital improvements now need to be aesthetically pleasing and sustainable. They must also be <br />planned, executed, and publicized to make the community feel more connected.Learn more! <br />5
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