Report lays out regional strategy to keep, create jobs

PETALUMA – Transforming the North Bay into a “jobs magnet,” complete with a tri-county “Innovation Corridor” to drive job development is just one of the economic recovery and long-term growth recommendations proposed in a report commissioned by the North Bay Leadership Council.

Dr. Robert Eyler, chair of the Economics Department at Sonoma State University and director of the Center for Regional Economic Analysis, presented results of his NBLC study to about 150 business leaders, educators and elected officials at the Sheraton hotel in Petaluma on May 20.

“A regional economy becomes a jobs magnet when mechanisms exist to attract, train and educate workers, match them to jobs and then retain jobs. It’s a model in which job development drives economic growth,” he said. “This report is about action and what can be done in the North Bay by June 2010 and beyond to create such a jobs magnet.”

Health care, small manufacturing, construction, tourism and the wine industry are seen as growth industries over the next five years due to local established markets, federal stimulus support and/or North Bay economic growth.

Small manufacturing includes local firms engaged in medical device manufacturing, those making intermediate parts for defense, thin films coatings, etc.

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