Investing in our young people, those who are from Northeast Ohio as well as those who attend college in Northeast Ohio, is particularly important to our region. We have all heard about the “quiet crisis” and “brain drain” with regard to Northeast Ohio. Having the prospect of a good job in Northeast Ohio will keep our students here, and will ultimately make our region more vibrant and economically strong.
The above comment is indicative of the prevalent labor market protectionism that typically drives workforce development policy. This perspective is no different than the current mood swing against hiring foreign-born talent over the domestic alternative. Keeping students in the area, something NEO already does well, is a bad practice (captive labor scenario) servicing an outdated economy. In fact, actively seeking outsiders has a number of economic benefits.
A sure way to dampen regional entrepreneurial activity is to incentivize the decreasing geographic mobility of talent. Ironically, JumpStart is attempting to accomplish this feat. The most vital talent pipeline is the one from out-of-state or even out-of-country. But the parochial mindset seems unable to grasp this opportunity.