WHY WE CREATED A RESIDENT ATTRACTION PLAN FOR PHILLY
Pew Charitable Trusts' latest research highlights that "Philadelphia's progress in creating middle-wage jobs had already flatlined in the years leading up to the impact of COVID-19" and, the number of people with middle-wage jobs continues to account for just under a quarter of the city's workforce. Meanwhile, employers frequently voice a skills and demographic mismatch between supply and demand, while the city and its citizens face the highest poverty rate among the top ten largest U.S. cities.
Initiatives have been launched to create a more equitable and inclusive workforce environment but, more is needed to fully address the state of our workforce and the communities in which they live. Resident attraction is now a crucial component for many U.S. city strategies that look to address long-standing issues and their city's shifting demographics. Population growth alone does not resolve the challenges cities face but strategic growth can provide benefits to support existing residents, make a city more competitive and, provide measures to retain residents, all of which helps to lessen the burden on local government.
Some U.S. cities benefit from a steady influx of new people adding tax revenue, jobs, businesses, and diversity. Philadelphia is less fortunate, and has had a more difficult time attracting diverse middle-income people in part because our city lacks significant brand awareness among diverse populations outside of the region. This, coupled with our ethnic communities being smaller, poorer, and less diverse in comparison to peer cities, limits us in being recognized as a destination for middle-class diverse people and families.
The result, is our ethnic communities end up having less social, cultural and consumer options as potential investments, projects and ideas, fail to launch due to a lack of capital and confidence. We intend to change that dynamic so that our city can experience what other cities currently enjoy; a steady influx of diverse talent to support local employers and, an injection of social, cultural and economic energy to help stabilize and strengthen our neighborhoods and communities.
Initiatives have been launched to create a more equitable and inclusive workforce environment but, more is needed to fully address the state of our workforce and the communities in which they live. Resident attraction is now a crucial component for many U.S. city strategies that look to address long-standing issues and their city's shifting demographics. Population growth alone does not resolve the challenges cities face but strategic growth can provide benefits to support existing residents, make a city more competitive and, provide measures to retain residents, all of which helps to lessen the burden on local government.
Some U.S. cities benefit from a steady influx of new people adding tax revenue, jobs, businesses, and diversity. Philadelphia is less fortunate, and has had a more difficult time attracting diverse middle-income people in part because our city lacks significant brand awareness among diverse populations outside of the region. This, coupled with our ethnic communities being smaller, poorer, and less diverse in comparison to peer cities, limits us in being recognized as a destination for middle-class diverse people and families.
The result, is our ethnic communities end up having less social, cultural and consumer options as potential investments, projects and ideas, fail to launch due to a lack of capital and confidence. We intend to change that dynamic so that our city can experience what other cities currently enjoy; a steady influx of diverse talent to support local employers and, an injection of social, cultural and economic energy to help stabilize and strengthen our neighborhoods and communities.
BENEFITS OF STRATEGIC POPULATION GROWTH
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Injection of talent for local and regional employers |
Expansion of tax base for city services and schools |
Quality of life and neighborhood stabilization |
Strengthening of resident retention initiatives |
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Lessons burden on city to develop growth strategies |
Breathes social and cultural activity in neighborhoods |
Injection of knowledge, diversity and creative ideas |
Increase diverse middle class population |
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Increased entrepreneurship and consumer choices |
Jobs for residents via new businesses |
Enhances demand for local goods and services |
Increased confidence for small business investment |
COMING 2022
LAUNCH OF FULL WEBSITE & CAMPAIGNS
LAUNCH OF FULL WEBSITE & CAMPAIGNS
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