Breaking Down the Talent Pipeline

Monday, September 03, 2018

Unemployment in 2018 is at its lowest in over a decade, with rates sinking as low as 3.8% in May 2018. As the unemployment rate continues to decline, the implications on economic development and the site selection process skyrocket.  In fact, 96% of our 2017 ED Index respondents said that the importance of having a skilled workforce in the site selection process increased compared to last year, which means that ED professionals almost unanimously agree that having a talented workforce is essential to being competitive.

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Fast Fact Image

In 1940, 112,050 of 1.95 million Residents in Arkansas had Electricity

In 1937, the first electric cooperative utility pole was erected in Arkansas by First Electric Cooperative in Jacksonville, marking the development of a system that now covers 60 percent of the state's land area.