A group of regional economic development professionals have come together to address the issue of regional recruitment. Specifically, this group is interested in strategies to retain higher skill, higher wage demographics that are contributing to the “brain gain” phenomenon illustrated in data provided by the University of Minnesota Extension. Data has shown that those in the age range of 35 – 45 years are seeking out rural lifestyles and actually bringing education and wealth into the region despite the significant losses from younger demographics leaving for school, which is commonly referred to as the “brain drain”. By developing strategies that attract and retain the “brain gain” demographic this effort will further diversify the region with higher skill, higher wage jobs and is likely to increase entrepreneurship and job creation that would fulfill niches in the region that are currently un-served or under served. |
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June 2024
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