7 03, 2016

Some Bright Spots, but Utah Still Falling Short on National Education Rankings

By |2017-03-07T15:06:43-07:00March 7th, 2016|Prosperity 2020|0 Comments

Occasional Paper – Vol: 3 As Utah continues its efforts to attract strong companies with high-wage jobs to the state, it needs to pay attention to its standing on national education rankings, which business leaders and families typically examine carefully as they contemplate relocation. While Utah’s current performance on K-12 and higher education measures does [...]

2 03, 2016

What Factors Boost Economic Development?

By |2016-03-02T15:08:59-07:00March 2nd, 2016|Prosperity 2020|0 Comments

Occasional Paper – Vol: 2, Dr. Rich Kendell  Education Drives Economic Success A recent report published by Noah Berger and Peter Fisher indicates that states can build a strong foundation for economic success and prosperity by investing in strategies that make people more productive. Chief among them is education. The report was published by the [...]

5 02, 2016

UBR: Feb 1-5

By |2017-03-07T15:06:46-07:00February 5th, 2016|UBR|0 Comments

February 1, 2016 Across America, the most vibrant economies put education first. Utah is no exception. Utah recognizes that there is a huge economic benefit of a well-educated workforce. That is why the Salt Lake Chamber supports Prosperity 2020, a five year statewide plan for major gains in education. Research shows that a person’s earning [...]

28 12, 2015

Research and Development Performance

By |2017-03-07T15:06:47-07:00December 28th, 2015|Education, Workforce and Health Care, Prosperity 2020|0 Comments

According to its 2014 report, the National Science Foundation ranks Utah 17th in the United States for total R&D performance, including all in-state R&D performance of the business sector, universities and colleges, federal agencies, federally funded research and development centers, and federally funded nonprofit R&D.[74] Importantly, R&D expenditures cluster and “sort” in ways that underscore [...]

23 12, 2015

Home Ownership and Consumer Spending in Utah

By |2017-03-07T15:06:47-07:00December 23rd, 2015|Education, Workforce and Health Care, Prosperity 2020|0 Comments

In 2012, the rate of home ownership in Utah dropped to 71.1%, down from 76.2% in 2008 when the recession began, and the lowest rate since 1994.[67] Moreover, overall home sales along the Wasatch Front continue to be slow due to shaky consumer confidence. “Sales of single-family homes in Salt Lake County dropped by 9 [...]

17 12, 2015

Unemployment and STEM Employment in Utah

By |2015-12-17T09:17:20-07:00December 17th, 2015|Education, Workforce and Health Care, Prosperity 2020|0 Comments

Utah’s unemployment rate is now (as of August 2015) tied for the 6th lowest in the country at 3.7 %, behind only Nebraska (2.8%), North Dakota (2.9%), Hawaii (3.5%), New Hampshire (3.6%), and Vermont (3.6%); Utah’s unemployment rate is also substantially lower than the U.S. unemployment rate of 5.1 %.[57] While this is certainly a [...]

9 12, 2015

Prosperity Through Education: Household Income

By |2017-03-07T15:06:47-07:00December 9th, 2015|Prosperity 2020|0 Comments

THE IMPACT OF EDUCATION ON GDP Utah household income in 2013 was $59,770,[51] which is only slightly higher than household income in 1997, when it was $57,938.[52] Utah’s 3.3 % growth in household income from 2012 to 2013 was third highest in the country, behind only Wyoming and Alaska, but this could be attributed to [...]

4 12, 2015

UBR Recap: Nov 30 – Dec 4

By |2017-03-07T15:06:47-07:00December 4th, 2015|UBR|0 Comments

November 30, 2015 The Department of Workforce Services released Utah’s October summary. According to Carrie Mayne, Chief Economist at the Department of Workforce Services, “The state continues to show above average expansion.” Continued growth means continued opportunities for job seekers to find positions with Utah employers. Utah’s employment for October 2015 grew by an estimated [...]

3 12, 2015

Median Wage in Utah

By |2017-03-07T15:06:47-07:00December 3rd, 2015|Education, Workforce and Health Care, Prosperity 2020|0 Comments

As noted by some economic experts, median wage may be the most appropriate measure of state economic success for several reasons: It should be the goal of state development policy to raise the standard of living, which requires both improvements in productivity and that the gains from productivity (how much output is generated by the [...]

1 12, 2015

Utah Business Leaders Don Running Shoes and ask the Community to Join in the Race to the Top Ten in Education

By |2017-03-07T15:06:47-07:00December 1st, 2015|Blog, Education, Workforce and Health Care, News & Press, Policy, Prosperity 2020|0 Comments

Prosperity 2020 and Education First share 2016 legislative priorities to help create a more educated workforce by 2020 SALT LAKE CITY, Dec. 1, 2015 - Prosperity 2020 and Education First members put on their running shoes and invited local business leaders, legislators and educators to join them in the Race to the Top Ten in [...]