This year’s Council for Community and Economic Research Conference (C2ER) and LMI Institute Forum is focused on the global impact of regional partnerships, and managers from around the U.S. will gather to discuss topics facing industries, the economy, and the talent pool.
The conference takes place June 6-10 in Minneapolis. Classes, presentations, and breakout sessions are designed to guide state, national, and regional-level managers that want to be better enabled to make positive impacts both at home and abroad. Frequently, the people we work with and speak come from organizations that either provide strategic international partnerships or are growing their own understanding about globalization’s regional affects on their daily business.
The fundamental reality is that promoting an active global perspective among labor-supply specialists, economic developers, and researchers is essential to developing sustainable regional partnerships. Globally focused relationships and mindsets give leaders the foundations needed for international collaboration that addresses the greatest challenges in producing jobs and improving workforce quality.
C2ER and the LMI Institute, Leaders in the Field:
For 56 years, C2ER and the LMI Institute have brought together chamber leaders, administrators at government agencies and universities, data and labor-market experts, administrators at economic-development and utility firms, and consulting directors. Economic researchers and labor market specialists have added value to their state and municipal agencies after attending the event. We invite you to visit our event site and view the preliminary agenda to learn more.
A survey from the Chronicle of Higher Education shows that government and nonprofit employers have a more-difficult time with recent-graduate hires. Most of the issues cited involve “soft skills.”
Of the 700 employers in the survey who offered feedback on specific troubles they experienced with recent grads, most mentioned communication and critical thinking. Specifically, the employers stated that they often find candidates who cannot put ideas forward, support those concepts, and build upon them. “Soft skills” don’t just stop with communication and critical thinking. They include collaboration and respect for diversity. All too often, these people skills are becoming the value-add for new hires.
Congress and the Administration have reached a budget deal for FY2016 (and FY2017) that will increase the overall spending limit for non-defense discretionary programs by $25 billion for the fiscal year that started October 1st. The House and Senate Appropriations Committees must now revise the 12 annual funding bills, and Congress must enact them, before the temporary spending bill (Continuing Resolution) expires on December 11th.
This is an opportunity for members to advocate to the House and Senate subcommittees in charge of funding for the Census Bureau, Bureau of Labor Statistics, and Bureau of Economic Analysis. The new budget framework provides additional resources for the appropriate committees in charge of these vital data programs (Commerce, State, Justice or equivalent in the House/Senate and Housing Education Labor Pensions or equivalent in the House/Senate). The Census Project is currently circulating a letter advocating for full ACS funding. Now would be a good time for your Senator or Congressman to hear about the importance of Census, BLS, and BEA funding.
The Council for Community and Economic Research organized a teleconference-style focus group on March 11, 2015, to learn more about our members’ most commonly-used data sources and to gather recommendations for future products for the U.S. Bureau of Economic Analysis (BEA).
According to the C2ER State Economic Development Expenditure Database, international trade and investment is among the fastest growing economic development functional areas. C2ER defines the international trade and investment function as program activities involving export promotion, international marketing and recruitment, foreign direct investment assistance, and an array of programs aimed at building stronger economic ties between states and other parts of the world.
Since 2012, states have increased their program expenditures in international trade and investment from $61 million in FY 2013 to $75 million in combined proposed spending for FY 2015 – a 23 percent increase. This rise in investment can possibly be connected with the successes of the Small Business Administration’s State Trade Export Promotion (STEP) Grant Initiative, a 3 year pilot program which uses matching-fund grants to assist eligible employers in becoming engaged in the international marketplace. Essentially, the grant subsidizes the marketing costs states accrue in advertising their businesses’ goods and services internationally. Continue reading
This post originally appeared on the Smart Incentives blog, written by CREC Senior Research Fellow, Ellen Harpel.
Data is one of the key elements of the Smart Incentives 4×4 framework that enables communities to make sound investment decisions. Unfortunately, good data on how well incentive programs work is often lacking. This lack of data hinders both economic development professionals in their day-to-day work and policymakers in their leadership and oversight roles. Continue reading