Development agency to focus on 'good' jobs
Co-directors aim to raise Utahns' standard of living
Ladd Christensen and Martin Frey explained sometimes in specifics and sometimes in vague terms strategic concepts to the state Board of Business and Economic Development.
Whether it is helping create new companies, retaining and growing existing companies or bringing new ones to Utah, the ultimate result should be jobs that increase the standard of living, Frey said.
"So, not any job is good. We need to think about what raises the standard of living," he said.
That, he added, requires a two-fold approach.
"We need to create jobs that are higher than the median income within the Wasatch Front, and that's really the core value we want to bring to the table. And then outside the Wasatch Front, maybe looking across rural Utah, any job that brings in health benefits and all of the associated benefits is good news for the state. . . . That's really what we want to bring and where we're going to focus on our success criteria."
In recent years, companies receiving state Industrial Assistance Fund money had to commit to creating jobs paying at or above the county median wage. The board's chairman, David Simmons, wondered if the new approach would result in rural jobs paying 80 percent of the county median, or lower, "and we would be getting down to minimum-wage labor and incenting jobs for that."
"Think of it this way: If we create call-center jobs or service-industry jobs here in the Wasatch Front, that's fine," Frey said. "But what we're really after are the high-tech jobs that are higher than the median income. I'm not going to be as selective, let's say, outside (that in) rural Utah. If we can bring call centers into some of these rural areas, I think that's a great idea."
Board member Jerry Oldroyd noted that a major problem with rural Utah jobs is they come with few benefits. "Focusing on that, I think, is very beneficial," he said.
As for the state's overall economy, Frey said Utah weathered the recession, but there are lingering concerns that the tech sector has not rebounded as well and that average annual pay is slipping as a percentage of the U.S. average.
A June 22 economic summit may yield more details, but Christensen and Frey spoke often Thursday about focus and concentration of certain activities. For example, Frey said the state needs to target certain industry clusters "that really build on the strengths that Utah has, both at the university level (and) at the industry level." International economic development in the past was a "target the world" approach, but Utah instead should establish only high-level relationships and target only a few countries, he said. Corporate recruitment needs to be limited to specific companies or industries.
Comments
- Attempted murder case refiled 1:58 a.m.
- Sports on the air 1:38 a.m.
- This weekend on TV 1:38 a.m.
- Birthdays for Saturday, July 11 1:38 a.m.
- 2 men cited on LDS plaza 1:37 a.m.
- S.L. man spots stolen car — his 1:23 a.m.
- Girl critical after run-in with train 1:23 a.m.
- Probe of death treated as slaying 1:22 a.m.
- Taylorsville man arrested in robbery 1:21 a.m.
- HBO defends U. logo use in 'Love' 1:20 a.m.
- Jazz brass debate Millsap match
- LDS seminary principal arrested
- 2 men cited on LDS plaza
- Reactions on Boozer speculation
- Teacher faces new sex charges
- HBO defends U. logo use in 'Love'
- Jazz finances not quite so bleak
- Jazz talking Boozer trade?
- Jazz down Oklahoma City
- Twitter lets fans communicate, interact
- LDS seminary principal arrested
160 - Bronco collecting a galaxy of recruits
141 - Jazz talking Boozer trade?
136 - Blazers may offer Millsap a contract
123 - Jazz brass debate Millsap match
99 - Stadium of Fire flag burning was fake
94 - Fairness of BCS debated
81 - Chaffetz eyes challenging Bennett
74 - Letters: Single-payer system best
72 - Services bids farewell to Jackson
70
By now you've probably read about the investigation that showed just how...
The photographs are mysterious, brooding, dark. They show dimples and...
I love Millsap, and the Jazz will find a way to move Boozer and match for...
i think its childish to assume that somebody would actually want to get...
Millsap and Boozer need to stay in Utah. Millsap is Boozers backup while he...
Childish and immature? Its always easier being ignorant and presuming things...
can you use words like testimony and church leadership to critisize a...
Bro P really helped me through a tough time in my life when I had him in...
These are only allegations at present, but I hope when he goes to trial, the...
My thoughts are with the Pratt family right now. Michael I hope you are...
It is interesting that everyone who seems to be a member comments on how nice...
You presume, simply because they were gay, that they were trying to "stir...



You can be the first to comment on this story.