TALENT DEVELOPMENT

Focusing on the critical issue of talent retention and attraction presents a unique opportunity for the Capital Region to distinguish itself even further for its leadership
in developing, cultivating, and supporting talented
people. It will also strengthen the region’s economic standing and its appeal in attracting business. More importantly, it is a necessity.  Occupational forecasts published by the Louisiana Workforce Commission
estimate that annual job openings through 2016 for
the Baton Rouge area will be 17,750, which is more than
twice the estimated increase in total population for the region.

Without substantially increased in-migration, there will be much greater demand for workers in the Capital Region than people available to work. Amidst the region’s population growth are out-migration figures for the most-educated citizens, those with bachelors and professional degrees. Yet with such a significant supply of people, businesses still cite their need for experienced mid-level to senior-level executives. These factors drive economic growth considerations and demand solutions.