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talent-driven-economic-development

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Nội dung chi tiết: talent-driven-economic-development

talent-driven-economic-development

TALENT-DRIVEN ECONOMIC DEVELOPMENTA new vision and agenda for regional and state economies• 0°®o9 * .< \ !/©FL $• €>JOSEPH PARILLA and SIFAN LIU43739M

talent-driven-economic-developmentMetropolitan Policy Programal BROOKINGSExecutive summaryIntroductionTable of contents36The opportunity: Economies develop when they invest in and succ

essfully deploy people in the labor market.10The challenges: labor market and institutional challenges13Framework for Action: Economic development org talent-driven-economic-development

anizations can recalibrate or expand capabilities to better support talent development and deployment.20Going forward: Five key economic development p

talent-driven-economic-development

riorities41Conclusion45Endnotes46Acknowledgements54TALENT-DRIVEN ECONOMIC DEVELOPMENT2Executive summary1.Economies grow when they develop and deploy t

TALENT-DRIVEN ECONOMIC DEVELOPMENTA new vision and agenda for regional and state economies• 0°®o9 * .< \ !/©FL $• €>JOSEPH PARILLA and SIFAN LIU43739M

talent-driven-economic-development driver of regional and state economic development. The collective knowledge of the U.S. population is worth approximately $240 trillion, far exceedin

g the value of other inputs to economic growth. Educational attainment-the core, albeit imperfect, metric for gauging knowledge and skills—is one of t talent-driven-economic-development

he best predictors of economic success for an individual, organization, or community. How talent is developed and deployed, therefore, is of fundament

talent-driven-economic-development

al concern to local and state economic development organizations.2.Economic development objectives-business growth and worker prosperity-are mired by

TALENT-DRIVEN ECONOMIC DEVELOPMENTA new vision and agenda for regional and state economies• 0°®o9 * .< \ !/©FL $• €>JOSEPH PARILLA and SIFAN LIU43739M

talent-driven-economic-developmentues undermine talent development: (1) the U.S. favors a narrow "four-year degree for all” pathway to good jobs, (2) alternative pathways beyond tradit

ional higher education are difficult for individuals to navigate, and (3) the entire talent development system suffers from racial and economic inequi talent-driven-economic-development

ties that restrict the nation’s productive potential.TALENT-DRIVEN ECONOMIC DEVELOPMENT3Second, private sector hiring and training norms have shifted

talent-driven-economic-development

in ways that undermine inclusive talent development and deployment. Depending on the estimate used, the U.S. corporate sector invests anywhere between

TALENT-DRIVEN ECONOMIC DEVELOPMENTA new vision and agenda for regional and state economies• 0°®o9 * .< \ !/©FL $• €>JOSEPH PARILLA and SIFAN LIU43739M

talent-driven-economic-developmenteanwhile, changing corporate norms and power imbalances between companies and workers undermine talent deployment by inserting unnecessary barriers be

tween job seekers and jobs, including degree inflation, experience inflation, non-poaching agreements, and outright discrimination. talent-driven-economic-development

TALENT-DRIVEN ECONOMIC DEVELOPMENTA new vision and agenda for regional and state economies• 0°®o9 * .< \ !/©FL $• €>JOSEPH PARILLA and SIFAN LIU43739M

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