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14 talent dividend Articles | Page:

LinkedIn leading the charge to close Cleveland's talent gap in health IT sector

As Ozy put it, "bioscience entrepreneurship has reshaped Cleveland's sagging economy." Yet though the Health-Tech Corridor has certainly become a hotbed for biosience, the struggle to attract health information technology (HIT) employees to the region continues to be real. Luckily, LinkedIn, BioEnterprise, Cleveland State, and other Northeast Ohio agencies are committed to closing that gap—joining forces to provide in-depth analysis and form strategies for fostering local HIT talent.
Government Technology had this to say about the initiative:

"One of the critical limiting factors to growth in Northeast Ohio's bioscience industry today is the availability of health IT talent," Aram Nerpouni, BioEnterprise president and CEO, said in a statement. "Thriving health IT companies are hindered by the dearth of software developers and data scientists. The LinkedIn project should provide meaningful data and analysis to inform how we address this challenge."

With the support of the Cleveland Foundation, BioEnterprise launched HIT in the CLE in 2015 to address the lack of available talent in computer and data science. The project is an important tactic within the larger HIT in the CLE talent strategy, the partners said.

LinkedIn will provide Cleveland with information of the skills local employers need, the skills its workers have and the disconnect between the two.

"The city can use those insights to create a stronger IT talent pipeline, and grow its IT industry," said LinkedIn U.S. Head of Policy Nicole Isaac in a statement.

Read the full piece here.

gay games pumped $52m into regional economy, study says

The  total economic impact of Gay Games 9 was $52.1 million, according to a study released this week.

“The Gay Games provided an important economic impact for the local Northeast Ohio economy, including higher revenues generated for local businesses and new local jobs,” says Shawn Rohlin, who co-authored the study with Nadia Greenhalgh-Stanley. The two are professors of economics at Kent State University.

Read the complete report here.

cle and other urban centers are attracting increasing numbers of young people, says nyt

The Times reports that as the population as a whole has become less mobile, “young, college-educated people continue to move at a high clip — about a million cross state lines each year, and these so-called young and the restless don’t tend to settle down until their mid-30s. Where they end up provides a map of the cities that have a chance to be the economic powerhouses of the future.”

Check out the full story here.

the midwest is on track for its strongest year in startup investing

"From Chicago’s city of big shoulders to the new businesses bolstering Detroit’s renaissance; in Cleveland and Cincinnati and Kansas City and St. Louis, startup economies are flourishing across the Midwest," writes Jonathan Shieber in TechCrunch.

"The proof is in events like Steve Case’s Rise of the Rest tour, a whistle-stop paean to entrepreneurship whose first leg wrapped up over the summer. Case just finished his second turn through the Midwest this month, writing $100,000 checks to winners of pitch competitions in cities like Madison, Wis., Minneapolis, Des Moines, St. Louis and Kansas City."

Read the full story here.

cleveland shakes off the rust thanks to influx of educated, young new residents

In this Forbes article written by Joel Kotkin titled “Shaking Off The Rust: Cleveland Workforce Gets Younger And Smarter Between 2000 and 2012,” Kotkin examines the growing trend of a younger, well-educated generation shying away from expensive “coast cities” to instead take up residence in the Rust Belt, especially Cleveland. 
“The Cleveland metro area logged a net gain of about 60,000 people 25 and over with a college degree while losing a net 70,000 of those without a bachelor’s, according to a recent report from Cleveland State University. The number of newcomers aged 25 to 34 increased by 23 percent from 2006 to 2012, with an 11 percent increase from 2011 to 2012 alone. Most revealingly, half of these people came from other states. When it comes to net migration, Atlanta, Detroit, and Pittsburgh were the biggest feeders for those arriving with a bachelor’s degree, while Chicago, Manhattan, Brooklyn and Pittsburgh sent the most net migrants with a graduate or professional degree.”
Kotkin goes on to explain the changing demographic of Clevelanders from past perceptions.
“The picture of Cleveland that emerges from the Cleveland State University study is a very different one from that to which we are accustomed. Rather than a metro area left behind by the information revolution, Cleveland boasts an increasingly youthful workforce that is among the better educated in the nation. In 2009. notes University of Pittsburgh economist Chris Briem, some 15% of Cleveland’s workforce between 25 and 34 has a graduate degree, ranking the area seventh in the nation, ahead of such “brain centers” as Chicago, Austin and Seattle. Old Clevelanders as a whole will remain undereducated, but likely not the next generation.”’
Read the rest of the good news here.

cleveland among top metros for college grads

In a The Atlantic report titled “The Best U.S. Metros for Recent College Grads Looking For Work,” writer Richard Florida shares a lengthy report on which areas in the United States offer the best opportunities for the newly minted young and educated looking to start life in the “real world.”
While the standard San Francisco, Boston, Seattle, and Austin metros continue to receive high marks, others such as New York City, Chicago, and Los Angeles leave much to be desired for they younger generation.
Cleveland may not have broken the Top 10 just yet, but it does place in the Top 20, and is on the move.
“The good news is that Rust Belt metros like Detroit, Pittsburgh and Cleveland appear to have turned the corner. These metros have a lot to offer highly educated recent grads: affordable housing, a low cost of living, authentic neighborhoods, and revitalizing cores, as well as a relatively high level of job openings for in fast-growing highly-educated fields.”
Enjoy the complete report here.

zillow calls cleveland a 'hotspot for singles'

In a Zillow Blog article titled “Single No More! Where to Move for Love in 2013,” Alison Paoli lists Cleveland as #4 on the list of Top 10 cities for men seeking women age 35 and under.

Cleveland also ranks #8 for the top 10 cities for men seeking men age 35 and under and #3 for the top 10 cities for women seeking women age 35 and under.

“Zillow ranked the 150 largest U.S. cities based on the Zillow Rent Index versus the median income, walkability and the ratio and abundance of single males to single females aged 35 and under. The resulting cities are geographically diverse, with median rents ranging from $800 to $2,500 per month.”

Check out the full list here.

cle named top college town in annual ranking

To come up with its annual College Destinations Index, the American Institute for Economic Research evaluates each community’s overall academic and cultural environment, quality of life and employment opportunities in the area.
“At a time when approximately half of current college graduates are unemployed or underemployed, the pros and cons of a particular college destination should be an important factor in making a college selection,” says Julie Zhu, the AIER research analyst who oversaw compilation of the Index.
The index includes the top 75 US towns and cities for college students with student populations of 15,000 or more.
Cleveland is ranked #12 under Mid-Size Metros.
“The characteristics that make up a great college destination often make a location ideal for business, retirement and tourism," says Steven Cunningham, AIER Director of Research and Education. "A top AIER College Destinations Index ranking should be just as important to the town or city as it is to the schools located there and the families and students attending or considering them.”
Read all about the rankings here.

'the beginning of a rust belt rebound?' asks architect's newspaper

“Cleveland, Columbus, and Cincinnati are rebuilding their urban cores to lure and retain young professionals," writes Christopher Bentley of The Architect's Newspaper. "These cities are pursuing development strategies that reflect the distinct character of each place. Is it the beginning of a Rust Belt rebound?”
In the article titled "Can the Centers Hold? Cleveland, Columbus, and Cincinnati are rebuilding their urban cores in what could be a sign of a Rust Belt rebound," Bentley expresses concern that redevelopment of urban environments are costly and that steps are being taken to ensure scarce dollars are not being wasted. He notes a consensus among leadership that the last thing anyone wants is a repeat of the boom and bust of the recent past.
“Everyone kind of expected in the 1990s that if we build it they will come,” said Greg Ward, vice president of Wells Fargo’s Real Estate Group in Cleveland. “Now there are concerned people in the real estate community saying, ‘How do we make sure we don’t fumble this round of big development?’”
Cleveland is trying again this time with the Cleveland Medical Mart & Convention Center as well as the New Horseshoe Casino. Downtown rental housing demand is greater than supply fostering the building or redevelopment of new properties. Additional developments are on the way.
Read the full story highlighting Cleveland as well as Ohio’s two other major cities here.

cle among 20 best for 20-somethings

“It’s hard to pinpoint what qualities 20-somethings go for in picking the perfect city," writes Nicole McDermott for the blog Greatist.com. "Sustainability, efficient transit systems, cleanliness, and affordability may make the top of the list.”
Coming in at No. 7, Cleveland 's stats are as follows:
Average Temp (High, Low): 59, 41
Median Income: $24,687
Average Rent for 1-Bedroom Apt.: $640
Population: 396,815
Median Age: 35.7

"Named one of the best places for new college grads, Cleveland has plenty of job ops (heavy in manufacturing and engineering), and fun for after work. The city, called Beertown, U.S.A. by Draft Magazine, has some favorite breweries like Great Lakes Brewing Company, Thirsty Dog, and Willoughby Brewing. And did we mention it’s the sixth best city for block parties? (We didn’t know there was such a rating, either.) Once you’re tuckered out from hitting all the pubs Cleveland’s got to offer, keep in mind the city came in as the second best to get a good night’s sleep."

Clevelanders can take pride in the fact our fair city ranked higher than popular young adult destinations such as Denver (No. 9), New York (No. 12), Portland (No. 14), and Seattle (No. 18)
Enjoy the full list here.


peter b. lewis donates $5m to the cleveland institute of art

The Cleveland Institute of Art received a $5 million gift from Peter B. Lewis to support construction of a 91,000-square-foot building as the final component of the College’s campus unification project. Lewis is the chairman of Cleveland-based Progressive Corporation. 
“We are thrilled to receive this wonderful gift, not only because it represents a strong endorsement of our vision for a unified campus from this nationally known philanthropist with deep Cleveland roots, but also because it acknowledges the efforts of our University Circle neighbors in developing the Uptown project into a national model of culture and commerce,” explains Grafton J. Nunes, CIA’s president and CEO.
The Uptown development is a complex of rental residences, restaurants, and retail anchored at one end by the new MOCA Cleveland and at the other end by the Cleveland Institute of Art.
In recognition of this gift, CIA will name the auditorium in the new building The Peter B. Lewis Theater.
In addition to the theater, which will be the new home of the Cleveland Institute of Art Cinematheque, the new building will house CIA’s nationally ranked design majors, its acclaimed biomedical art and digital arts programs, art galleries, and administrative offices.

Read the rest of the good news here.

npr reports on the positive influx of young, educated clevelanders

NPR's Morning Edition recently aired a story on Cleveland's rise in popularity with young, college-educated professionals.
"Blue-collar towns seem to be attracting a new generation of residents looking for an affordable urban lifestyle," reports David C. Barnett.
Richey Piiparinen, a researcher at Case Western Reserve University, was quoted in the piece as follows: "A lot of young people in Cleveland, Detroit and Pittsburgh whose parents grew up in the inner city, and whose parents left during the white flight movement -- they have this attraction to the roots that they never knew."
Listen to the entire broadcast here.

'downtown cleveland is surging,' says salon

In an article titled, "Rust Belt chic: Declining Midwest cities make a comeback," Salon writer Will Doig reports on the surprising growth and popularity of former Rust Belt cities like Cleveland, Detroit and Pittsburgh.
"More than any other city in America, Cleveland is a joke, a whipping boy of Johnny Carson monologues and Hollywood’s official set for films about comic mediocrity," Doig begins.
"But here’s what else is funny: According to a recent analysis, the population of downtown Cleveland is surging, doubling in the past 20 years. What’s more, the majority of the growth occurred in the 22-to-34-year-old demo, those coveted 'knowledge economy' workers for whom every city is competing."
This newfound growth and appreciation can go one of two ways, writes Doig. "Demand for decay could spell a new era for post-industrial cities -- or run its course as a faddish blip that attracted more media coverage than actual converts."
Cleveland-based writer Richey Piiparinen argues for the former.
"The country in the 2000s, it became about growth, glamour, living beyond your means,” Piiparinen says. “It was all aspiration. Now we’re comparing the foreclosed glass condo tower to the old brick building that’s stood for a hundred years.”
Read the rest right here.

cle 'antithesis of a dying city,' says the atlantic

Downtown Cleveland is experiencing a population rebound according to Richard Florida, Senior Editor at The Atlantic.
Florida quotes in a Case Western's Center on Urban Poverty and Community Development study: “Over the last two decades, the [downtown] neighborhood's population grew 96%, with residential totals increasing from 4,651 to 9,098. It was the single largest spike of any neighborhood, suburb, or county measured for the two decades under study. Downtown residential occupancy rates now stand over 95% and developers are eagerly looking to meet residential demand.”
“Twenty-somethings are creating a new and potentially powerful housing pattern as they snap up downtown apartments as fast as they become available. Neighborhood life is blossoming on blocks once dominated by office workers and commuters, and people are clamoring for dog parks.”
"The significance of Cleveland’s population shift cannot be exaggerated. As Jim Russell puts it: “the urban core is a net importer of young adults and a net exporter of old adults. That's the antithesis of a dying city."
Read the full story here.
14 talent dividend Articles | Page:
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