“The Southern states were diverse in their physical and economic size, ethnic composition and industrial makeup. Therefore, although it was difficult to classify the South as one cohesive region by any definition, this report presented information on the region’s employment and education prospects with the aim of connecting employment needs to resulting education demand” (p. 3).
“Breaking out of a low-skill equilibrium was no small feat. States could escape the quandary by producing more postsecondary talent and by modernizing existing industries and attracting new ones. But unless these strategies were carefully coordinated, they were bound to result in a brain drain (the loss of postsecondary talent, training and skill) or a shift to the hiring of out-of-state talent (the loss of opportunity for state residents)” (p. 4).
“The projections were based on detailed analysis of the industrial and occupational profile of each state, juxtaposed with national forecasts of macroeconomic variables such as GDP growth, inflation, unemployment, and labor force participation” (p.8). (Abstractor: Author)