Columbus State University recently hosted the Georgia 2025 Economic Outlook event on January 30, where academic leaders and researchers provided statewide and local economic forecasts. According to Jordyn Paul-Slater's report on the event for the Columbus Ledger-Enquirer, Columbus isn’t on track to match statewide economic growth. As Paul-Slater reports, Benjamin Ayers, Dean of the Terry College of Business at the University of Georgia, delivered the statewide forecast, and Deborah Kidder, Dean of the Turner College of Business at CSU, provided the forecast for the Columbus region. Current forecasts predict that Georgia's economy will exceed the national economy in 2025. “We do expect Georgia’s economy to grow faster than the U.S. economy in 2025 and beyond,” Ayers said. “One advantage that we have as a state is our economic development prowess. Other advantages include a variable mix of industries, supportive demographic trends, with more and more people moving to our state.” As for Columbus' economy, unemployment rates, population decline and inflation risk are factors stunting local economic growth this year, according to CSU’s Butler Center for Research and Economic Development, which is headed by Turner College economist Fady Mansour. According to Mansour's work, Columbus historically has faced higher unemployment rates compared Georgia and the U.S., and this trend is expected to continue into next year. Unemployment rates in Columbus are expected to be between 4.5% and 4.8% due to inflation expectations, elevated interest rates and labor market conditions, among other reasons. Kidder told the Ledger-Enquirer that Columbus is often overlooked for new economic development. “Everything, for example, like fintech is in Atlanta. Companies go there because everybody’s there,” Kidder said. “We need the same. We need someone to start. And then, that company brings in a supply-chain company, and it grows and multiplies.” Kidder also emphasized that these forecasts are not definitive measures of the future.
Officials in the Turner College's Butler Center for Research and Economic Development recently put the finishing touches on an extensive report on trends in educational programs and occupations in the Columbus area. The report also includes data on business and technology trends. According to Fady Mansour , Director of the Butler Center, there are several key takeaways from the report regarding 10 occupational gaps that currently exist in the Columbus area. First, software development occupation exhibits the biggest labor shortage, with the report adding that the TSYS School has a bachelor's degree program in information technology along with a new AI track for the bachelor's degree in computer science, both of which can qualify students for this occupation. Other educational programs are in demand, such as computer programming and cloud computing. Second, there is a gap of 30 employees per year in general and operations management. This gap could be addressed by the Turn...

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