Page 7 - Tim Bartik News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Foxconn's giant factory in Wisconsin sounded too good to be true. Turns out it was CNN 2 hrs ago By Chris Isidore, CNN Business © Yichuan Cao/NurPhoto/Getty Images A shovel is set in place before the groundbreaking ceremony of Foxconn flat-screen TV factory in Wisconsin on June 28, 2018. Over a year after U.S. President Donald Trump, Softbank CEO Masayoshi Son and Foxconn Chairman Terry Gou attended the groundbreaking ceremony in Mount Pleasant, Wisconsin, United States, the plan has not been finalized on whether the factory will become a reality. When first announced in ...

In U.S. economic development, it is rare to find practitioners focused on education as a strategy for job growth and increasing the median wage. Instead, the focus is typically on attracting companies and high-skilled talent to boost job and revenue generation. I don’t argue this is not an important strategy, but it is only one half of the solution. Focusing on job creation while underinvesting in the local talent pipeline will exacerbate existing inequalities, frustrate employers seeking local talent, and stunt local economic growth. The one-sidedness of our approach is concerning, but wha...