Albuquerque ranks at the bottom in job growth compared to the similar size of the city. But now, Albuquerque Economic Development, a nonprofit group, wants to change that and put Duke City on top within five years. “At the end of the day, it’s ambitious,” said Reilly White, a local economist. “It’s an excellent, well-reviewed plan. But unfortunately, it requires a lot of resources and goodwill to come to fruition. Over the past six months, Albuquerque Economic Development has studied the metro and developed this five-year plan to help increase job growth. “Having a strategic plan is very critical,” said Albuquerque economic development director Danielle Casey, who was hired in October. “If you don’t know where you’re going, it’s kind of hard to know where drive us. What we want to be is in the top quartile of all these comparator markets five years from now.” businesses and the film industry. “I think we can achieve some of those milestones,” White said. “But doing most of them will take a lot of resources, capital, and goodwill from everyone in the Albuquerque area.” White says the plan is good, but Albuquerque has its challenges if it wants to be at the top of the job growth list. “We don’t do a very good job of training K-12 all the way through our community college and baccalaureate education,” White said. “Our graduation rates are lagging, our unemployment is lagging, our GDP growth is lagging compared to other cities in the region. And the thing about this report is that it acknowledges all of that.
Albuquerque ranks at the bottom in job growth compared to the similar size of the city.
But now Albuquerque Economic Development, a nonprofit group, wants to change that and put Duke City at the top within five years.
“At the end of the day, it’s ambitious,” said Reilly White, a local economist. “It’s an excellent, well-reviewed plan. But unfortunately, it takes a lot of resources and good will to get there.
Over the past six months, Albuquerque Economic Development has studied the metro and developed this five-year plan to help increase job growth.
“Having a strategic plan is very important,” said Albuquerque economic development director Danielle Casey, who was hired in October. “If you don’t know where you’re going, it’s a bit difficult to know where to lead us. What we want to be is in the top quartile of all these comparator markets five years from now. »
To do this, Albuquerque Economic Development wants to focus on working Albuquerque with surrounding areas to attract businesses such as call centers, aerospace companies, renewable energy companies and the film industry.
“I think we can achieve some of those milestones,” White said. “But reaching most of them will take a lot of resources, capital, and goodwill from everyone in the Albuquerque area.”
White says the plan is good, but Albuquerque has its challenges if it wants to top the list for job growth.
“We don’t do a very good job of training K-12 all the way through our community college and baccalaureate education,” White said. “Our graduation rates are lagging, our unemployment is lagging, our GDP growth is lagging compared to other cities in the region. And the thing about this report is that it acknowledges all of that.
