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Ray exploring new park | Preston Citizen

Ray exploring new park

July 4, 2013
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BY CITIZEN STAFF 

Economic development officials are looking to the future when it comes to attracting more jobs to Franklin County.

Kathy S. Ray, four-county Southeastern Idaho Economic Development Director, said the Industrial Park is nearly full. There are only five acres remaining to develop, she said.

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The effort comes even as the county’s unemployment and underemployment rate both continue to be very low, she said.

“Franklin County’s unemployment rate is at 4.5 percent while the underemployment rate is the same very low rate at 4.5 percent,” Ray said. “That compares to very high underemployment rates of 40 percent each for adjacent Bear Lake and Oneida counties.”

“Underemployment refers to those having jobs that through pay and possibly hours of work a week are not considered full-time, meaning their incomes are much lower. We can leverage those new jobs and wages with grants to purchase property.”

This story is sponsored by The Preston Citizen Bookstore.


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