KGOU

Economic growth

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College graduates are leaving Oklahoma at higher rates than any other demographic group according to the Kansas City Federal Reserve. New research shows the state lost a record number of college graduates from 2013 to 2017.

 

A new report from the Office of Workforce Development shows Oklahoma is on track to experience a shortage of nearly 20,000 workers next decade due to projected economic growth, high rates of retirement and a lack of local talent.

 

“It’s an issue of both not having enough people and then also not the right skills to replace people,” explained spokesperson David Crow.

 

Robert Dauffenback

Oklahoma’s economy tracks closely with the price of oil, which has risen significantly since the 2014 downturn. In this episode of Capitol Insider, Bob Dauffenbach, the Senior Associate Dean for Economic Development and Impact at the University of Oklahoma, joins KGOU’s Dick Pryor and eCapitol’s Shawn Ashley to discuss the state’s economic outlook. Dauffenbach also offers his thoughts on what policymakers should be doing to harness the state's economic growth.

 

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