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Why Businesses Aren't Flocking to IdahoAll listings are the responsiblity of the posters; keep in mind, anyone can post anything! |
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Why Businesses Aren't Flocking to IdahoAll listings are the responsiblity of the posters; keep in mind, anyone can post anything! |
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JobsWhy Businesses Aren't Flocking to Idaho
Idaho is one of the most beautiful states in the country. Nature and outdoor activities are everywhere--spectacular mountains, clean air, wide-open spaces, trout-filled streams and alpine skiing. This state has much to offer. Unfortunately, a burgeoning business environment is not among the many selling points of Idaho. Nevertheless, unemployment in Idaho has dropped slightly since the first of this year. Official statistics place Idaho's unemployment rate of 8.8 percent--well below the national average. Maybe this is enough to make the state's legislators and populace happy. While this may sound positive, the facts show that over 2,300 people were no longer eligible to collect unemployment benefits and therefore dropped from the count. The decrease to 8.8 percent was also aided by a number of seasonal hires for the summer months. Something needs to be done. There are currently four potential employees for every job opening in the state. That's what happens when a state tries to rely on local business to sustain itself. So why won't businesses come to a state with the lowest commercial electricity costs in the nation and average pay levels that are 30+ percent less than in neighboring Washington? Obviously, that alone is not enough incentive to draw businesses. Idaho's problems go much deeper, such as high business taxes, a less-than-satisfactory highway infrastructure and a school system that does not prepare students for the business world. A more damaging issue is that businesses now compete for global market share. It is much cheaper for an American business to operate in foreign countries than to locate even in less costly states like Idaho. Obviously, this problem impacts all states, however the small states, like Idaho, are affected to a greater degree. Idaho, to successfully lure business to the state, must develop its transportation infrastructure throughout the state. It needs to attract more commercial air service into Boise, Twin Falls and Pocatello. Finally, the legislature must seriously consider, and ultimately revise, the corporate tax structure.
You can talk about... Why Businesses Aren't Flocking to Idaho Tags: • corporate • business world • infrastructure • incentive • potential employees • unemployment benefits • unemployment rate • idaho • businesses • twin falls • corporate tax • business taxes • Related articles:
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