Welcome to this week's issue of What Economic Developers Need to Know This Week, where we explore the evolving dynamics of our economy.
This week we have 25 tools, stories, graphics, charts, and videos that I think you'll find informative, useful, inspiring, and perhaps even humorous. Some are economic development related directly, and some only indirectly. 🤔
If you're wondering what to do with the info in this newsletter, send something to your board members. It will make you look good!
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1) In the world of economic development, the magic often lies at the intersection of numbers and narratives, strategies and stories: Discover the story behind economic development with Arturo Marquez.
2) Job openings are up:
3) Workers in the US are getting record-breaking wage hikes this year thanks to strategic strikes and stunning contract wins. The result is a boost in middle-income wages:
4) The average child care payment is up 32% from 2019, according to new data from the Bank of America Institute. The price surge outpaced overall inflation; the Consumer Price Index was up 20% over the same period.