What's Happening?
A recent study by Commercial Search has ranked the Scranton metro area as one of the top 20 regions in the United States for workforce readiness in the industrial sector. Scranton placed 18th, just above Detroit and below Atlanta, based on factors such
as workforce education and training, infrastructure, and financial considerations. The area is noted for its high number of industrial apprenticeships and significant railway density, which are key factors in attracting industrial employers. John Augustine, president and CEO of Penn’s Northeast, highlighted the strong work ethic and skilled labor pool in Northeastern Pennsylvania as major draws for companies. The region's educational institutions, including 19 colleges and universities, play a crucial role in preparing students for the workforce, offering specialized programs in fields like automotive and welding.
Why It's Important?
The ranking underscores Scranton's potential as a hub for industrial growth, which could lead to increased economic activity and job creation in the region. With a workforce of approximately 500,000, Scranton is the fourth largest labor market in Pennsylvania, following Philadelphia, Pittsburgh, and the Lehigh Valley. The area's ability to attract industrial employers is bolstered by positive testimonials from companies that have already relocated there, citing the availability of skilled workers and proximity to major markets. This development is significant for local economic stakeholders, as it could enhance the region's competitiveness and attract further investment.
What's Next?
The continued development of industrial facilities, such as the 400,000-square-foot building in Pittston Township targeting the manufacturing sector, indicates ongoing growth in the region. Efforts by economic development agencies to market available properties and tailor educational programs to meet industry needs are expected to further enhance Scranton's appeal to industrial employers. As more companies consider relocating to the area, the region's economic landscape could see significant transformation, with potential increases in employment opportunities and economic diversification.
