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Economic development groups from Bernalillo, Sandoval, Torrance and Valencia counties have joined forces for a labor market study in the Albuquerque metro area.
Data from the project are expected to help position the area to compete with other regions in the global economy for economic development opportunities and jobs, the groups said in a joint news release.
In the short term, this data should help new and existing businesses find workers, help work-force agencies match workers with jobs and training programs, and guide educators in preparing the work force for existing and emerging opportunities.
Long term, this project should provide a plan to move the work force into a new economy that will require higher skills, the groups said.
"Our goal is to position the area for future growth and business success," said Carolyn Monroe, chairman of the nonprofit Albuquerque Economic Development.
Survey teams conducted interviews in the four counties recently. The survey of residents is designed to help identify key work-force information including:
Skills and characteristics of the labor force;
Untapped labor force segments;
Extent of underemployment in the work force; and
Types of employee training needed to keep local businesses competitive.
"Work-force skills and availability are critical factors for businesses selecting a location for a new facility or expansion. To create quality job opportunities and to meet the needs of industry, communities must understand and address work-force issues," said Gary Tonjes, AED president.
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