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Through collaborative leadership we supplied a pipeline of $812 million in new capital investment projects to strengthen and diversify the assets in Iowa. But beyond big number private-sector prospects we also work with the progressive small businesses, nonprofits, civic leaders, workforce, education institutions, utilities, transportation, housing, etc to maximize productivity and long-term prosperity in our evolving economic landscape.

Workforce Update: Tama County average hourly wage increases 17% over 4 years

One of the many long-term, big picture challenges that economic development organizations tackle is helping our workforce be the best they can be. This includes having the right skills, training and tools that the market demands, and being equitably reimbursed for the value that each person ads every hour they contribute to the economy. Over the past four years Tama County has mitigated a number of significant economic challenges and emerged with an average county hourly wage climbing from $11.48 in 2006 to $13.44 in 2010 (1). Congratulations Tama County and thank you to our employers who recognize and empower our workforce to serve their companies better and smarter with higher output.

If your company is considering hiring more employees in Tama County at $13.44 per hour or more, contact us to check if some tax incentives and tactical resources can help you with your expansion or startup. Tama County still has strides to make as counties inside our one hour trade zone have higher hourly wages. But this comparative hourly wage rate also increases our attractiveness for locating expansions and startups. Iowa has the lowest cost of doing business in the US. (2)

(1) Source: Iowa Department of Economic Development, 2010
(2) Source: CNBC, 2009


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