Talent Attraction and Retention are Key Pieces to Economic Development

May 20, 2018

Area Development Magazine, a national site selection publication, listed this as the third most important factor in the site selection process for new businesses.

Availability of skilled workers trailed only highway accessibility and labor costs as the most important factors in locating a new business facility. Obviously this is a major issue throughout the United States and the Cape area is no different. Talent attraction and retention are key pieces to a successful economic development effort.

The Chamber gets it and is doing several things to affect our labor pool. Capable is a new initiative with area educational institutions to focus on bolstering essential skills in our young people. The goal is to make them more employable after high school by teaching these “life” skills. Connect Cape is another program that puts University students in local businesses for job shadowing. Intended outcomes are creating a greater awareness of local employment options resulting in more graduates staying in the area. In addition, the Chamber has always been, and continues to be, a major supporter of Codefi and its entrepreneurial efforts.

Externally, we are marketing the benefits of our region through a new website www.capeishome.com . You are invited to check this out and see what people who have relocated to the area are saying about us. This is a powerful tool using real people, real businesses, real conversations, and real results.