With four years of work under its tool belt, a regional economic development project is on track to meet its goals.
Jobs Now! is a joint project of the East Tennessee Economic Development Agency, the Knoxville Area Chamber Partnership, the Oak Ridge Economic Partnership and other public and private entities. The program’s aim is to boost jobs and wages and generate new investment in the metropolitan Knoxville region.
Last month, the program’s 2006 annual report was released, and the report card shows that Jobs Now! is outpacing its original goals.
Through the first four years of the program, a net total of 28,909 new jobs have been created, exceeding the goal of 26,640 jobs. Two other benchmarks have also been surpassed, as the region has tallied announced nonresidential capital investments worth nearly $2.3 billion and seen earnings per job of $39,252 in 2005. More here.
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