Many local manufacturing plants and employers are facing a similar challenge – they will see a significant number of retirements over the next several years.
Over 500 cities and more than 40 states across the United States have successfully implemented ridesharing efforts, including companies such as Uber and Lyft. However, Buffalo remains the largest economic market in the U.S. that does not offer this transportation alternative. And that has a direct effect on workforce development efforts in our region.
Invest Buffalo Niagara has unveiled the much anticipated Buffalo Niagara Labor Market Assessment. The assessment examines six target industries: Advanced Business Services, Advanced Manufacturing, Agribusiness, Cleantech, Life Sciences, Logistics, and Tourism. The objective of the report is to illustrate where our regional labor market currently stands and where we are headed over the next several years. The data included in the report is an opportunity for us to set priorities, make informed decisions, and build collaboratives to improve and strengthen our workforce development system. The Partnership is supporting ways to address this through providing support for the Regional Workforce Development Coalition and meeting the workforce needs of local employers, including manufacturers.