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City of Louisville <br />Economic Vitality Strategic Plan <br />Strategic Goal #4 <br />Measures (KPIs) <br />Facilitate a mix of diverse and quality job opportunities for Louisville residents <br />• Community survey question: Rating of the overall economic <br />health of Louisville <br />• City's unemployment rate <br />• Ratio of Business Assistance Package incentive dollars rebated <br />tojobsadded <br />Identifier <br />Supporting Actions/Tasks <br />Responsibility <br />Target Start <br />#4-1 <br />• Attempt to develop specific business incentives that would specifically encourage local employment <br />EVC/EV <br />Q2 2023 <br />y <br />IAA <br />C PI CTC (1!'T(1Q CD 202 <br />R Sid <br />D.....FaFA ...-.1bi..4�.... /H'I 71 <br />o Consider how affordable housing and other housing availability information can be shared with <br />businesses and potential employees <br />o Evaluate tools or programs outside of Business Assistance Program related to local hiring and retention <br />EV <br />#4-2 <br />• Provide primary employers with community information to facilitate recruitment activities <br />EV <br />COMPLETE <br />#4-3 <br />• Create public, comprehensive business directory to increase resident and visitor awareness of existing <br />business community <br />EV <br />Q1 2023 <br />COMP CTC I l N YARY 202 <br />o Evaluate opportunities for business directory in Downtown Louisville through signage or streetscape <br />work undertaken by LRC (protect has been removed from priority in LRC Work Plan) <br />LRC/EV <br />#4-4 <br />• Remain active in BoCo Talent Collaborative to match workforce needs with community desires in locally <br />present industries <br />EV <br />ONGOING <br />o Assist in developing and launching Restaurant Bootcamp workforce training program to serve <br />employment needs of restaurant and hospitality businesses post -pandemic <br />EV <br />In Process <br />o Create connectivity for Louisville to Boulder County Workforce, including job resources and training <br />EV <br />In Process <br />#4-5 <br />• Develop understanding of quality employment in diverse industries as well as balance of amenities desired <br />for residents and workers to target matched employers <br />EVC/EV <br />Q3 2023 <br />o Survey residents about desired job opportunities <br />EV <br />Tied to next community survey <br />#4-6 <br />• Develop analysis of current residential job types and interactions, including the trends of people living and <br />working over time, to inform future decision -making <br />EV <br />Q3 2023 <br />Agenda Packet P. 19 <br />