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Showing posts with the label Workforce assessment

The 2022 Comprehensive Economic Development Strategy - Get the Details from LOREDC!

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Every five years, the Lake of the Ozarks Council of Local Governments prepares the Comprehensive Economic Development Strategy (CEDS) for the Economic Development Administration. Lake of the Ozarks Regional Economic Development Council works with the Lake of the Ozarks Council of Local Government to supply the information in this strategy report. There is a lot of value in this report and we thought you would appreciate learning more from the it. So, we would like to focus today’s blog on the 2022 CEDS. What is the CEDS? The CEDS is the region’s economic development vision for maintaining and growing our economic base while creating jobs and supporting future development and growth within the region. The CEDS was developed to meet the requirements outlined in the 13CFR 303.7. It also incorporates components necessary for our communities to be eligible for the Section 6025 Strategic Economic and Community Development (SECD) program. This program through the USDA provides communities th...

New Quality of Labor Study at the Lake of the Ozarks

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Assessing the Workforce at the Lake of the Ozarks The Lake of the Ozarks Regional Economic Development Council (LOREDC) commissioned a Workforce Assessment to obtain a measure of the Quality of Labor in Camden, Miller, and Morgan counties. The purpose of assessing the workforce is to provide employers with labor information necessary to make better-informed decisions for private investment that minimizes risks for hiring, retaining, and developing the workforce. Further, to support quality economic growth, this data provides local officials information to promote a better understanding on the competitive realities in today’s workforce market, to develop the strategies for improving the skills, quality and availability of its workforce, and to enable the Lake of the Ozarks counties and its employers to better compete at all market levels.   Some Highlights of the Assessment RESPONSES A total of 28 business firms completed the online Workforce Assessment. This repr...