Economic development and impact on a community
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A local employer plans to expand its employee base by at least 1,000 workers per year dependent upon the availability of qualified workers. What some social, political, and economic issues?
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Solution Summary
This item briefly comments on the the variability of the impact an expanding company will have in different sized-communities.
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The significance of the impact of 1,000 new jobs in a year is partially dependent on the size of the community that it affects.
- In a small town, this may be the single-largest employer.
- In a small city, 1,000 new jobs can be a large influx of employment opportunities.
- Even in a large city, that many new jobs will have spin-off benefits for the immediate community.
Social
- If the company is able to recruit locally, it will help ease unemployment ...
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