OSU predicts employment growth in Duncan - KSWO 7News | Breaking News, Weather and Sports

OSU predicts employment growth in Duncan

Duncan_Oklahoma State University economists are projecting 300 new jobs for the City of Duncan.  The OSU's Spears School of Business estimates a 2% growth in Duncan's employment market.  According to the report, most of the jobs will likely be provided by the energy and oil industries. 

Duncan has seen strong job grown in the oil and gas sectors, and now economists are predicting an increase in all energy related employment in 2008.  Duncan Economic Development Foundation President Lyle Raggow says he wants people to think of opportunity when they think of Duncan.  "Anytime you have the opportunity for growth, it is a positive opportunity," he says.

Roggow says analysis of what the community needs does help to raise employment rates.  "It comes from helping our existing business and manufacturers in the area that are looking for new people to expand with," he says. 

While a lot of jobs will continue to come from the energy sector, more will come from other areas. 

According to OSU's report, Duncan can expect employment increases in the fields of nursing, fabrications, and manufacturing.

Although Duncan and surrounding areas are experiencing job growth, one company in Marlow will be closing its doors next month.  Around 80 employees will be without jobs when Biomet Bracing shuts down.  Duncan's economic development team held a job fair to help those employees with transitions.  Fifteen local businesses networked with Biomet's employees to determine if they would be a good fit.

If you would like to know more about Oklahoma's economic outlook, Economist Dr. Mark Snead, author of the 2008 report, will be speaking Friday, February 22, at 8 a.m. at the Great Plains Technology Center in Lawton.  Contact the technology center at 580-250-5600, for more information.

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