Empowering Entrepreneurship

Page 6

CULTURE

Retention Retention is the number of people that moved into an area minus the number of people that left the area. Drawing new people into an area generates a diverse workforce. Retaining and acquiring young workers increases the number of potential entrepreneurs in a community. This graph compares the group that was between15 and 24 years old in 2000 with the group that is 25 to 34 in 2010. A higher number in 2010 means that there is a net migration of young workers into a community.

Population of Adults Ages:

15-24 in the year 2000

25-35 in 2010

Grand Rapids is below average in retaining young workers. It is one of two cities that had fewer 25-34 year-olds than the comparable cohort 10 years earlier.

Louisville Kentucky

Albany New York

Geo: MSA Source: http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview

Iowa

Des Moines

Arkansas

Little Rock

Michigan

Grand Rapids

Kentucky

Louisville

Tulsa

Oklahoma

Alabama

Huntsville

Greensboro

North Carolina

Albany

6

New York

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