Finding workers is a big, big challenge for many employers, as you probably already know. It’s a regular point of conversation with our members.
In light of that, an interesting story in the July 1 edition of the Wall Street Journal caught my eye. In a story titled “Gray Wave of Workers Gives Slow-Growing World a Boost,” reporter Sarah Chaney reports on the trend in countries with advanced economies of a growing labor participation rate by older workers.
There’s a story in this morning’s BizWest News Morning Report titled “Manufacturing leaders launch national tour from Northern Colorado, Boulder Valley.” It’s about the National Association of Manufacturers kicking off a two-week, 25-city national tour here in Colorado.
That includes a stop this afternoon at the Anheuser-Busch brewery in Fort Collins where I’ve been asked to share a few thoughts on the ‘state of manufacturing’ in our area. Following are my remarks:
Economic development is a process of deliberate intervention in the dynamics of the local economy by making business investment easier and more attractive. This process of influencing private sector investment is the engine for community economic growth.
For most communities, primary companies are the prize that drives the economy. Primary companies are those that sell at least half of their products or services outside the local market. These companies generally pay better than others so the...
A mid-December telephone survey of 400 Fort Collins voters gives some insights into what people are thinking about. The survey reached 240 people via cellphone and 160 via land-lines.
First of all, people seem generally content with the community. When asked “Would you say that Fort Collins is heading in the right direction or in the wrong direction?” 70 percent said ‘right direction’, 20 percent said ‘wrong direction,’ and the rest didn’t know.
A semi-frequent topic for me in this space is the importance of business and free enterprise. As a student of economic systems and of history, it’s clear to me that some economic philosophies and systems are superior to others, while acknowledging that no economic system is perfect.
I’m on this topic again because of the recent polls indicating a small majority of young adults would prefer to live under socialism than capitalism. That sentiment is even being espoused by some newly elected...
What do you think when you hear the word ‘business?’ Since most people reading this are members of the Chamber and are businesspeople, it’s probably something positive.
A longstanding concern, however, is: What is the public’s perception of business? In a community like Fort Collins with large public institutions it might be easy to overlook the impact of business and businesspeople on the community’s livability.
In August, the Chamber commissioned intercept polls at NewWestFest....
Finding workers is a big challenge for many employers in the area. In that regard, we’re not unique as this is a national problem.
As you know, to meet this challenge we launched Talent 2.0 in conjunction with other community partners. You can find more at www.NoCoTalent2.com. A copy of the Talent 2.0 plan can be downloaded from the site.
The Chamber just hired Development Counsellors International (DCI), a place-marketing firm to help develop a talent attraction portal. That work is cur...
The Fort Collins-Loveland regional economy ranks well in a report just released by Area Development. Out of 394 metropolitan statistical areas (MSAs) in the United States, our area has an overall ranking of 19. The annual report is titled “Leading Metro Locations.” It looks at ‘a wide variety of data’ which culminates in an overall ranking and several others including Midterm Growth (ranked 16th), Economic Strength (28th), and Prime Workforce Rank (38th).