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.