The do’s and don’ts of implementing a job creation model to build local economies that work for everybody.
Three years after the officially declared end of the recession, the jobs crisis continues. Unemployment and underemployment are still too high, and job seekers are increasingly frustrated searching for positions that match their skills, pay good wages and provide room for growth.
According to the U.S. Bureau of Labor Statistics, there are 11,742,000 working age Americans who are officially unemployed and 89,967,000 working age Americans who are “not in the labor force.” If that wasn’t bad enough, the percentage of working-age adults participating in the labor force fell to 63.3 percent in April. It’s the lowest such figure since May 1979.
We simply cannot continue down this path. The risks and costs to our nation, states and local communities are too high to bear.