Tag Archives: Pittsburgh Business Times

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Pittsburgh Business Times: Boosting Future Economic Development

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Pittsburgh Business Times article by Don Smith, President of RIDC, an AC client, can be read in full here.

The people of this region, and our future economic prosperity depend on our ability to retrain the workforce that is going to be displaced by the Covid-19 pandemic and economic disruption. We need to build a training system in the context of an overall economic vision and as part of a holistic approach to revitalizing our economy. Mobilizing large-scale workforce retraining as a boost to both workers and companies is both possible and realistic if we adequately incentivize business and local education institutions to take on the creation of demand-driven training programs.

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New Pittsburgh Courier: Tapping Community-Based Organizations to Create Better Job Pipelines

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Dr. Quintin Bullock, President of CCAC, writes about preparing the Greater Pittsburgh region’s workforce for the challenging times ahead and facilitating the economy’s rebound for New Pittsburgh Courier. The article can be read in full here. A version of it was also published in Pittsburgh Business Times.

History will surely recall the first year of this decade as the year of the COVID-19 pandemic, the year when large portions of our economy stopped, when institutions that defined our everyday lives – from schools to grocery stores, from offices to playgrounds – changed. Economists will undoubtedly look back and see the business cycle at work, characterized in the broadest sense as recession followed by recovery, unemployment followed by opportunity.

But there are communities within our society that don’t see life in terms of business cycles. They are stuck at the bottom and the only cycle they see is multi-generational poverty, inadequate educational opportunities, and high levels of long-term unemployment.

As our country recovers from the economic devastation wrought by COVID-19, the government and private sector are undoubtedly going to expend enormous amounts of energy and money to train members of the workforce whose jobs no longer exist and whose industries have been forever altered. We need programs to prepare those individuals for new jobs in new industries that are going to be in demand in the future.

But what about the underserved and economically disadvantaged communities that have experienced long-term poverty and unemployment? Over the next decade, as we reach new peaks of economic prosperity in this country, will we demonstrate the same level of commitment to building a path to prosperity for those who have been left behind for decades?

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Pittsburgh Business Times: Industry-Education Partnerships Key as Jobs Shift

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Dr. Quintin Bullock, President of CCAC, writes about responding to the Greater Pittsburgh region’s immediate workforce needs following COVID-19 for Pittsburgh Business Times. The article can be read in full here.

At some point after the Covid-19 crisis ends, our economy is going to start growing again. Some types of jobs — some entire industries — are going to be changed forever. Manufacturing is already on an accelerated path toward automation. Large numbers of employees are going to need retraining to meet the demands of the economy of the 2020s, and community colleges will certainly have an important role to play.

Our ability to thrive despite the massive disruption and shifts that are likely to take place will require industry-education partnerships across the region. Adults who become students again want to maximize the benefits of their general education degrees and utilize these skills to adapt to the times and rebuild their careers.

That means educational institutions need to understand specific industries and businesses when developing retraining programs. Curriculum needs to be designed to meet a clear demand, and schools need to be agile in identifying current and future trends. For example, a few months ago, no one had heard of “contact tracing.” Now, there is clearly going to be a strong and immediate demand for contact tracing investigators throughout the country.

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AC Client Viewpoint: Stabilizing the Real Estate Market Post-COVID-19

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The president of AC client RIDC writes about how to encourage real estate development activities post-COVID-19 in an article for Pittsburgh Business Times:

As the COVID-19 pandemic continues, and a lengthy recession looks like a strong possibility, real estate development is going to grind to a halt. We can begin creating the conditions that will facilitate its re-emergence now, but it will require government and developers to work together.

Nothing local governments do today is going to counteract a global recession, but they can use this time to implement technology upgrades and create new human processes, so that when market forces turn positive, there are fewer impediments to a robust response from the private sector.

Streamlining the current building permitting process is a crucial first step to encouraging development activities post-COVID-19.

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