Burbank, Montana, is one of America’s best places to work, but if you’re one of its most-coveted economic zones, the jobs market is downright bleak.
A study by the National Association of Manufacturers, a trade group, found that nearly 60 percent of jobs in the metro area are either in the construction industry or manufacturing, a sector that is typically dominated by older workers and lower-skilled workers.
The report also found that more than 30 percent of the population lives in poverty, which is higher than the national average of 15.3 percent.
There’s no shortage of things to do in Burbangoes metro area, with a number of restaurants, coffee shops, and bakeries.
But the unemployment rate in the area hovers around 8 percent.
In an effort to address the issue, the city is developing a comprehensive plan for jobs and economic growth.
The new plan, called “A New Burbano,” is a combination of education, job creation, and community engagement that will build on the progress made over the past four years and provide Burbanks economy with more opportunities.
The plan includes a variety of new initiatives, including: Creating jobs in a region that has seen a decline in the size of the local population Creating a local economy that is more sustainable Creating and supporting a workforce that can thrive in a new and changing economy Supporting an innovative workforce that is educated and well equipped to compete with the rapidly changing economy of the future.
Burbank Mayor David C. Hodge and the city council will be holding a public meeting on May 26 to discuss the plan, which was first announced last week.
“I am confident that we will have a more resilient and vibrant Burbancano economy,” Hodge said in a statement.
According to a study conducted by the Economic Policy Institute, Burbans job market is currently in the midst of a “dramatic decline.”
According the study, the region experienced a drop in the unemployment and underemployment rate between 2009 and 2012, and a growth rate of nearly 25 percent over the same period.
While Burbanes economic growth has been slowing since 2012, the numbers show that the region’s economy is now expanding and that there is a clear and growing demand for Burban products and services.
To learn more about the economic plan, visit Burdan.com. Read more Holly Jackson is a reporter with the Washington Post.
Follow her on Twitter @holly_jackson and Facebook Hollywood Reporter.