Lubbock Housing Market News

Tech growth will bring area jobs
(Employment : Lubbock) 10/16/2007

Texas Tech's interest in boosting its student enrollment levels to 40,000 could create 1,500 on-campus jobs and more than 2,000 countywide, according to a "Profile of Projects Report" released by the Lubbock Economic Development Alliance. "That's why we need to start preparing now," said Terri Patterson, director of workforce development for the city-appointed economic development corporation. Early projection models show that Tech will increase its employment from 5,800 to 7,300, while city/county jobs will grow from 7,834 to 9,857. The projections were based on IMPLAN, a forecasting software. The projections do not take into account new jobs created through attraction and/or retention expansion efforts.
[Lubbock Avalanche-Journal]

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