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Four Strategic Steps Economic Development Organizations Can Take to Bolster <br />Workforce Development <br />Employers across the U.S. have been facing extreme workforce challenges. According to the <br />U.S. Bureau of Labor Statistics, total non-farm employment continued to grow, adding 261,000 <br />jobs in October. This ongoing imbalance between labor demand and supply means that there <br />are 10.7 million jobs still available, but only 5.7 million people are unemployed. Those numbers <br />boil down to almost 1.9 unfilled positions for every job seeker. As the labor market continues to <br />grow and show signs of strength, this imbalance isn’t going to self-correct any time soon. For <br />more in-depth insight, you can read our recent article, “Understanding Labor Force <br />Participation Rates & Why People Drop Out of the Workforce.”Click here for the full article! <br />2022 Strategies for Solving Housing Shortages <br />There are several viable options for communities looking to tackle their housing shortages by <br />building affordable workforce housing. Housing shortages and homelessness are detrimental to <br />the health and well-being of any community’s economic development. Addressing the housing <br />shortage through an approach as multifaceted as its causes becomes necessary for a flourishing <br />local economy. <br />Another pending housing crisis resides in the older generation. The population over 60 is growing <br />and will need more options, including homes that are more easily accessible for people with <br />potential disabilities or other physical limitations that come with age.…Get the full article! <br />7