Memphis Looks to Medical Manufacturing to Cut Poverty
June 11, 2018
Poverty rates have dropped in Memphis, Tennessee, since the start of the decade, but it’s still one of the poorest large urban areas in the U.S. With 18.4 percent of its 1.3 million residents taking home annual incomes below the federal poverty threshold, it’s second only to Tucson, Arizona, when it comes to lacking opportunity for a living wage.
One local industry could help: medical device manufacturing. And the city was just awarded nearly $6 million from the U.S. Department of Labor to help fortify the system of community colleges, manufacturers and workforce organizations pulling talent from Memphis’ poorest communities to prep them for this booming sector.
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