Effective CEDS should emphasize the identification, enrichment, and strategic deployment of workforce assets, focusing on job quality and inclusion. By demonstrating an ability to meet evolving workforce needs through data-supported arguments and targeted upskilling strategies, regions can attract and grow businesses and support workers, all while building regional wealth and fostering economic resilience and equity.
In this 15-minute video tutorial and accompanying brief, workforce and skills development expert Joel Simon shares ideas for how EDDs can best incorporate workforce development and upskilling strategies into the CEDS process and document. The video and brief cover the following topics:
Workforce Development as Infrastructure: Treating workforce initiatives as critical infrastructure in economic development plans ensures they function cohesively and contribute significantly to regional competitiveness.
Data-Driven and Targeted Upskilling: Utilizing detailed workforce data to identify skill gaps and implementing targeted education and training programs can create a workforce ready to meet the needs of emerging industries.
Holistic and Inclusive Economic Strategies: Combining workforce development with traditional economic assets and focusing on equity and job quality fosters a more inclusive and resilient economy, engaging underrepresented groups and promoting long-term regional prosperity.
This webinar is offered through the NADO Research Foundation’s Economic Development District Community of Practice (EDD CoP). The EDD CoP is made possible through an award from the U.S. Economic Development Administration, U.S. Department of Commerce (ED22HDQ3070106). The statements, findings, conclusions, and recommendations are those of the presenters and participants and do not necessarily reflect the views of the U.S. Economic Development Administration or the U.S. Department of Commerce.