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Replicating Sector Clusters to Grow the Economy

By Business

Many of the concepts, issues and practices in this discussion from the Oregon Office of Economic Analysis can apply to us here in Blaine County. Here are few excerpts:

“As with many thriving clusters that began with a start-up company or two, part of the magic is a combination of happenstance and intentional efforts by the original founders to work on a product in a location they wanted to live in.”

“We will start with the issues and barriers to growth. At the top of everybody’s list was housing; not just affordability, but also availability as inventory and vacancies are low. Housing is part of these businesses’ recruitment efforts. They have had employees accept jobs and then leave because they were unable to find suitable housing. Similarly, finding work for spouses and partners can be more challenging in a smaller region than in a large metro.”

“From our office’s vantage point, and most of advisors as well, it is less about the specific industry and more about the foundation upon which the success was built. Having a good workforce, infrastructure, planning, and taxing system in place, in addition to being able to provide information and contacts for firms looking for assistance is critical. These pieces of the foundation are the natural fit for the role of the public sector. It is really hard to pick winners and losers, but providing the platform from which any type of business can succeed is the goal.”

Do read the whole thing. https://oregoneconomicanalysis.com/2018/08/21/gorge-discussions-pt-2-tech/

Will Blaine County Be Able to Staff our Health Care Facilities?

By Business, Housing, News, Social

The US can’t keep up with demand for health aides, nurses and doctors.

The US will need to hire 2.3 million new health care workers by 2025 in order to adequately take care of its aging population, a new report finds.

But a persistent shortage of skilled workers — from nurses to physicians to lab technicians — will mean hundreds of thousands of positions will remain unfilled…

“In local economies, the retail industry could present one of the largest pools of labor for health care systems to effectively retain workers for jobs such as home health aides,” he said.

SVED Board Meeting

By News

The SVED Board of Directors will meet this coming Wednesday July 18th at 11:30 am  in the upstairs conference room at Zion’s Bank, 311 N Main, Ketchum.

SVED meetings are open to the public. The Board of Directors meet every other month at the time and location noted above.