This Week's Herman Trend Alert

HR in Normal 2.0
 

  The Herman Trend Alert

January 11, 2006

Housing Shortages Hinder Economic Development

Small and mid-sized communities strive to improve their economic strength by attracting new employers. Those companies bring jobs that need people who are educated, trained, and ready to work. If those workers are available, everybody wins. If people are available, but not qualified, the community and the company must find resources to train them to do the work. With our growing global economy, many communities are fortunate to have existing companies expanding. Existing employers also feel the same need for increasing numbers of qualified employees.

These communities increasingly face another problem. Without sufficient housing, it is difficult for employers to recruit the people they want to hire. If people can't find a decent, affordable place to live, close enough to their workplace, they will not accept the job offer. In addition, the increasing cost of fuel limits how far people will want to commute to work. As commuting costs force workers to find jobs closer to home, many employers are already experiencing increased employee turnover.

We are hearing from economic developers and employers reporting that they have more jobs than people. The availability of affordable housing to attract manufacturing workers is starting to become an issue. The housing that is being built is too expensive for the market, but these communities can not attract developers to build what is needed.

Where's the problem? The demand for home builders far exceeds the supply. Contractors can not recruit and hire enough skilled tradespeople to do the carpentry, plumbing, electrical, and other construction work that is involved in building houses. Because of building needs in the storm-damaged gulf region and in burgeoning China, construction materials are in short supply.

Smaller cities and independent communities in Missouri, Colorado, and other states are facing the housing challenge. Resort areas across the country are searching for ways to offer incentives to builders to provide affordable housing. When community leaders understand the linkage between affordable housing and available workforce, they seek solutions as varied as special tax levies to attract developers, establishing housing authorities enabling governments to build, and charitable foundations offering housing on a non-profit basis.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3548 or https://hermangroup.com. To sign up, visit https://HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

DON'T MISS APF'S FUTURES FESTIVAL: ONLINE OCTOBER 24TH: FULL SPECTRUM FUTURES
The Association of Professional Futurists proudly presents its annual online learning experiences on Full Spectrum Futures. Network with leading futurists from all over the world. And best of all, it's free to attend, though contributions are encouraged to help defray costs. For more information, visit here.

SUPERIOR TRANSLATION SERVICES
Excellent translation services from English, French, or German into Spanish. Especially well-versed in medicine/pharma and automobile industries. 5-year Bachelor Degree in Translation. Also editing and proofreading of all kinds of Spanish language documents. Flexible rates, depending on number of words, degree of difficulty/technicality, and turnaround. For an instant quote email Mariana Campora Lesti at marianalesti515@gmail.com or contact her on SKYPE at marianacampora.

HOW DOES SHE DO IT?
Our author Joyce gets quoted in TIME Magazine and other national media on a regular basis. You can, too! Sign up for ExpertClick.com. You will be found by the news media and in Google search: 1. Through your personal search-engine-optimized press room by 39 topics you choose; 2. By news releases pushed out 10 ways including Google News; 3. Be found in the 2020 printed Yearbook of Experts, Authorities & Spokespersons. Save 15% when you register by October 31st @ http://www.ExpertClick.com/Discount.

To read this Herman Trend Alert on the web: https://hermangroup.com/alert/archive_10-14-2020.html.


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are always welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 90 countries, including other websites and printed periodicals. Click here to sign up for the Herman Trend Alert.

Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home About Products Resources Media ]

 

7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3548
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com


  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.