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ActionBrief Finding and Using Labor Market Information for Economic and Workforce Development |
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2. Developing
Economic Development Strategies. The "lay of the land" economic audit WIB's conduct should, in fact, begin to uncover some key economic development issues. For example, it could point to the fact that the traditional economic base of the region is declining and the emerging industries are having trouble finding suitable labor because of a skill mis-match. It could indicate that whole sectors of the population are being left behind because they don't have the skills needed by the regional economy. And so on. The approach WIBs
could take to developing strategies for addressing these problems
is very similar to the one just described for developing strategies
to serve TANF recipients. And again, some of the data they need
could have been put together when they did their basic economic
audit. But special research, including firm surveys and interviews,
would also be necessary. 3. Creating
Labor Market Information Products. |
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