Monday, September 25, 2017

Job Multiplier Effect

According to research by Enrico Moretti of UC-Berkley, Carbondale would do better to pursue high tech jobs rather than traditional manufacturing job. Each high tech job added to a community raises local employment by 5 jobs, whereas added a straight manufacturing job adds 1.6 jobs to the community. That is not to say don't go after manufacturing operations but it would appear developing Carbondale's high tech infrastructure would prove a better investment in generating jobs in the city, as well as giving graduating students a reason to remain here, rather than decamping for Houston or San Francisco or Atlanta.

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