Wage Measures 201 –Educating Community Stakeholders on this Important Metric

One of an economic developer’s roles is to educate local officials on economic development principles, best practices, and trends. We have had some discussions lately on how to help local officials understand the different wage metrics that can be used for incentive and grant programs. The terms average wage, manufacturing wage, poverty wage, and living wage get bandied about without a lot of definition or discussion of the differences. Crystal Morphis authored this blog for the NC Economic Development Association Research Committee, which she chairs. The article reviews wage measures and includes talking points economic developers can use when educating local officials. To read the full article click the button below.

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