Higher Ed Tackles Workforce Shortages
1 Feb 2023
News
The labor pool in Texas is as deep as it is wide, but the demands of a growing population expose shortages in key occupations where the number of available, educated workers is showing signs of receding.
Jobs requiring postsecondary education and specific technical skill training will form a significant component of a Texas labor force anticipated to grow 13.3 percent by 2030, far above the 3.7 percent estimated increase for the U.S., according to an annual report (PDF) by Projections Managing Partnership for the Texas Workforce Commission (TWC).
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Raising Local Labor Force Participation
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The Royse City, TX Community
Royse City is home to a growing number of young professionals and families. The average age within the city is 32 years old, and the educational attainment is higher than the national average. This has led to a population that is active, educated, and earns around $90,000 per year - far more than the national average. With 15,000 new homes in some stage of development, the city’s growth is expected to continue for some time. As it does, investments are being made in parks and recreation and the local school district.
Housing Costs Less
Abundant Shopping
Low Cost of Living
Open Spaces