DT #595 Workforce at a Crossroads: Compete, Adapt, and Thrive — with Jay Garner, Site Selectors Guild

Develop This: Economic and Community Development

💡 Episode Summary

In this episode of Develop This!, host Dennis Fraise sits down with Jay Garner, President of Garner Economics and a founding member of the Site Selectors Guild, to tackle one of the biggest challenges in economic development today—the workforce crisis.

Jay and Dennis dig into the realities behind the "silver tsunami" as millions of baby boomers near retirement, explore the widening skills gap, and discuss how quality of place now drives business investment decisions. They also examine how immigration, technology, and regional collaboration are reshaping workforce dynamics—and what communities can do to stay competitive.

Whether you're leading a local EDO, working in workforce strategy, or trying to attract industry to your region, this episode delivers timely insights on how to pivot and prepare for what's next.

🔑 Key Takeaways

• Workforce is the #1 concern for economic developers and site selectors.
• The "silver tsunami"—20% of the workforce nearing retirement—will redefine labor markets.
• Investment follows talent, and talent follows quality of place.
• Communities must enhance livability and amenities to attract and retain workers.
• Immigration is vital to sustaining labor force growth.
• Technology continues to reshape job demand and skill requirements.
• Retention is the new recruitment—keeping your existing workforce is a win.
• Collaboration between local industry, education, and government is essential for lasting solutions.