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Wednesday, January 13, 2010

Study: PA Should Grow Its Own High-Tech Jobs, Shun Tax-Break 'War Among States'

From a study released today by Good Jobs First:
Instead of competing with other states for specific companies, Pennsylvania's resources will best be spent strengthening small, young, and locally owned businesses, and improving the skills of workers to match industry needs, the study concludes. Indeed, the study finds that Pennsylvania has high concentrations of engineering and biomedical talent that give it distinct advantages in certain high-tech niches.

Although interstate movement of high-tech jobs is almost negligible, the study finds that offshore job flight is a far more significant issue. It recommends redress be sought through federal trade policy, not to be confused with state tax policy.
Study: PA Should Grow Its Own High-Tech Jobs, Shun Tax-Break 'War Among States'

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