Welcome to The Memphis Economy.
The Memphis Economy is a partnership between the Economic Development Growth Engine for Memphis and Shelby County, EDGE, and the Sparks Bureau of Business and Economic Research at the University of Memphis.
The goal of this site is to provide curated data that describes the Memphis and Shelby County MSA’s economic condition and provide comparisons to peer metros throughout the country. The information collected can be used as an economic barometer and measurement tool for local elected officials, community leaders, economic development professionals, community-based organizations, and the general public.
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The Memphis IT Skill Shortage and Its Impact on Local Mid-Sized Firms
Dennis Wilson, Ph.D., Senior Global Technology Researcher, Sparks Bureau of Business and Economic Research at the University of Memphis
Recruiting and hiring technology professionals is challenging. There are special characteristics that define this segment of the labor market that relate to supply and demand, demographics, and constant changes in technology. According to a recent article from the Society for Human Resource Management (SHRM), the dynamics of this labor market environment consist of: