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The Importance of a Skilled Workforce

At NorthStar Economics, we have considerable experience working with communities to devise and implement workforce development strategies.  From our award-winning work on the multi-county NEW Economic Opportunity Study to a labor force analysis for the Town of Saratoga, Wyoming, we have been instrumental in workforce development at the local, county, regional, and statewide levels. 

Click here to view examples of our workforce development projects and reports.

The New Economy is based upon knowledge and abundance theory, the concept that collaboration will grow the pie sufficiently large enough to serve an ample piece to everyone.  A skilled workforce is imperative in this economic model.  Creativity and innovation coupled with entrepreneurship and risk capital generate high value-added products. 

These products yield higher margins, better pay, and more community wealth.  Regions need to embrace this economic development model if they are going to succeed in the New Economy.  Detailed analysis of the regional workforce is a crucial component of the work that NorthStar does in establishing an economic development agenda for the region.  By growing and attracting high-paying jobs, communities will reap the benefits of an improved economy and quality of life. 

"NorthStar's economic development strategy for our eighteen county region in Northeast Wisconsin  was comprehensive and detailed.  Their insight and expertise led directly to the implementation of numerous economic development initiatives in our region."

                     - Kathi Seifert
                       President, Pinnacle Perspectives LLC

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