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News from Four Corners Economic Development
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FOUR CORNERS, NM Economic Development:
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    In Focus: Today’s Investments Inspiring Tomorrow’s Skilled Workforce Leaders

    Sep 9 2023
    The skilled trades are at a pivotal moment in time. More than a decade of understaffing issues remain unresolved as the Great Retirement looms, and current economic uncertainty is shifting budget priorities away from workforce development at many organizations. As for the next decade, the U.S. Bureau of Labor (BLS)...Continue Reading
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    Key Steps to Satisfying Workforce Needs

    Sep 9 2023
    According to the Bureau of Labor Statistics most recent report released on March 10, 2023, the unemployment rate for March was 3.5 percent. The unemployment rate has hovered at this level over the last 12 months, ranging between 3.5 percent and 3.7 percent, except for in January 2023 where it...Continue Reading
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    Executive's Desk: Developing local small businesses key to economic growth

    Aug 14 2023
    Since 1975, the Albuquerque Hispano Chamber of Commerce has been creating specialized programming to promote economic development, enhance economic opportunities, and provide business and workforce education to support the ever-growing small business community that continues to bolster our local economy.Recently, the Hispano Chamber concluded its first pilot program, Growing Small...Continue Reading
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    State Job Training Funds to help fill up to 545 New Jobs in New Mexico

    Jul 24 2023
    The New Mexico Economic Development Department has just released its job training funding awards – kicking off fiscal year 2024 with a record-breaking plan to fund training up to 545 trainees and 3 interns, Deputy Secretary Jon Clark announced after the monthly Job Training Incentive Program (JTIP) meeting in July.The...Continue Reading
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    Skift IDEA Awards 2023: Meet the Shortlist

    Jul 19 2023
    Today, we are excited to announce the 2023 shortlist for the Skift IDEA Awards.Now in its fifth year, Skift IDEA Awards has become the travel industry’s most coveted achievement for excellence in design, creativity and innovation.Designed to recognize the impactful and inspiring projects from brands, agencies, and tech companies that...Continue Reading
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    When Being Small Is a Big Advantage

    Jul 1 2023
    If you want to gain a competitive edge in the race to hire talent, you may want to consider doing what many American workers have already done: Move out of the big city.What many thought was just a blip during the COVID-19 pandemic — people fleeing big cities for the...Continue Reading
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    Transformational Projects: The Next Wave of Location Strategy is Here

    Jun 27 2023
    A new survey conducted by the Site Selectors Guild indicates that the next wave of location strategy is here. Amid the heightened frequency of corporations’ multi-billion-dollar facility investments known as “megaprojects,” there is a clear domino effect of “transformational projects,” or capital expenditures in secondary markets that stimulate outsized job...Continue Reading
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    Why the future of restaurants runs through the grocery store

    Apr 29 2023
    It’s Friday night and, judging from the dejected slump of a quartet of would-be diners outside of the legendary Una Pizza Napoletana on the Lower East Side, there are no tables to be had. Around the corner, a similar scene plays out at Nom Wah, the century-old dim sum restaurant...Continue Reading
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    Aztec Senior Center remodel moves forward

    Apr 28 2023
    The Aztec Senior Center will get a new kitchen, along with a multipurpose room. The $650,000 project began with the closure of the facility April 17, with meals now being prepared at the VFW in Aztec. Aztec City Manager Jeff Blackburn said a $363,000 TSD Capital Building Grant from...Continue Reading
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    Film and Media Day gives student a glimpse of the film industry

    Apr 27 2023
    Film and Media Day at San Juan College hosted a diverse group of film industry professionals Thursday who shared their experience with college and high school students. Read the complete article here. Continue Reading
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    Why the best strategic leaders are emotional

    Apr 26 2023
    What word comes to mind when you think about strategy development? Probably not emotion. Strategy is often a dry, analytical exercise led by the few at the top of an organization and broadcast to the rest of the organization in long, turgid presentations. It’s no wonder that few strategies...Continue Reading
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    100% San Juan Summit draws lively crowd

    Apr 21 2023
    The conference room at Farmington Municipal Schools was filled with representatives from service agencies and concerned citizens on Friday, April 21, for the 100% San Juan Summit. Dominic Cappello, who created the organization 100% New Mexico about four years ago along with Katherine Ortega Courtney, said the idea was...Continue Reading
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    Career and Technical Education Signing Day celebrates students, awards scholarships

    Apr 20 2023
    About 100 students, parents and San Juan College officials gathered Thursday at Connie Gotsch Theatre to honor students who have committed to attend San Juan College in the fall. The National Coalition of Certification Centers mirrors the NCAA’s National Signing Day for athletes, with dozens of technical institutions hosting...Continue Reading
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    Flexible ‘Soft-Cost’ Grants Depending On Community Needs

    Apr 17 2023
    There are plenty of grants available that cover the hard costs, or the direct physical costs, of construction. However, finding grants that can be allocated to cover the soft-costs of construction projects is generally much more difficult. These soft-costs are the indirect expenses that are involved in construction, such as...Continue Reading
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    New Mexico Film Office celebrates expanded film incentive legislation to further grow the state’s thriving film and television industry

    Apr 14 2023
    Film Office Director Amber Dodson said that with recently signed legislation to increase the cap on tax credits, the New Mexico film and television industry is poised to continue to expand, solidifying growth well into the next decade while creating thousands of jobs.  Read the complete article here. Continue Reading
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    Retail Still Surging Within Sour Economy

    Apr 5 2023
    First things first: inflation, supply chain issues and a flat stock market were not the talking points anyone would expect to inspire optimism when talking about the retail industry. With that observation out of the way, know that there are still plenty of positive happenings in the U.S. retail...Continue Reading
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    Farmington planner reports on housing challenges

    Apr 4 2023
    Long-range Farmington planner Colby Gibson on March 21 presented Farmington City Council with a snapshot of housing, focusing on how to enhance zoning and affordability in order to make Farmington a place where people can live and thrive. The study looked at demographic and economic data, housing profiles and...Continue Reading
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    State Investment Council pumps $97.5M into two ‘frontier-tech’ funds

    Mar 30 2023
    The State Investment Council is pumping another $97.5 million into two venture funds that will invest in “transformative,” next-generation technology from New Mexico’s national labs and research universities. The two funds, Playground Global and Lux Capital Management, are focused on accelerating the development of “frontier technology” that can propel...Continue Reading
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    Now is not the time to cut corners on customer experience

    Mar 22 2023
    When Ikea Canada introduced its new Design Studios in Ontario and Quebec, it did so with the intention of creating an entirely new shopping experience. These small concept stores located in urban centers offer personalized design services and one-to-one planning—a far cry from the traditional Ikea shopping trip that centers...Continue Reading
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    How Do I Know I'm Getting the Most Out of My Business? The Answer Is Obvious — Yet Overlooked.

    Mar 21 2023
    Today's digital world has opened up many opportunities for small businesses to leverage data and maximize their marketing ROI. First-party data allows businesses to develop customer insights, optimize campaigns, track performance metrics and create targeted strategies. With first-party data in hand, small business owners have access to valuable consumer...Continue Reading
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    How to Manage the New Expectations of the Younger Workforce

    Mar 21 2023
    Every generation worries about the changing expectations of "kids these days." But the pandemic changed the labor market, and this new generation of young people entered with an advantage — more power and new demands. Now, leaders are concerned with how hard it is to get people back into...Continue Reading
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    3 Ways Ambitious Entrepreneurs Are Using AI

    Mar 20 2023
    If you’re not incorporating artificial intelligence into your work in some way, you’re behind the curve. Even the most suspicious and non-technical entrepreneurs could save time and money making use of the tools available, let alone those thinking bigger with AI and creating their own. Read the complete article from...Continue Reading
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    From the Great Resignation to the Great Refusal—here’s what the 5 ‘Great Rs’ mean for the future of work

    Mar 16 2023
    As we weigh yet another strong jobs report against persistent inflation and the looming threat of a recession, we have to acknowledge that the workforce has transformed and now plays by a different set of rules and is motivated by a different set of factors. Leaders take note.  The...Continue Reading
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    Gen Z isn’t ‘quiet quitting’—they’re grappling with a lack of interpersonal connection

    Mar 14 2023
    People have claimed that Gen Z workers are “quiet quitting.” That is, doing the bare minimum to maintain their position at work.  This behavior isn’t explained by some stark generational divide that’s left young people devoid of ambition while their seasoned counterparts maintain a no-nonsense work ethic that’s driven...Continue Reading
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