3. Socio-Economic Indicators-------------------------------------------------------------TCOG’s Comprehensive economic development strategy 2022-27
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3. Socio-Economic Indicators Economic development is an important element in community planning. It is a tool used to foster job creation, increase wages, and expand the local tax base. This chapter examines data as useful factors to indicate economy conditions such as labor force characteristics, employment, wages and income, poverty, and cost of living.
Workforce Overview Since Grayson County has the largest population in the region, therefore it also has the largest workforce at 64% (64,799 count). Cooke County holds 19% (19,633 count) and Fannin County holds 17% (16,937 count) in the region. (Workforce includes unemployment and employment.)
Source: Workforce Solutions Texoma Q1 2021
Employment Similarly to Workforce, Grayson County’s Employment has the largest at 64% of the region (62,688 count). Cooke County holds 19% (19,023 count) and Fannin County holds 17% (16,460 count) in the region.
Source: Workforce Solutions Texoma Q1 2021
