Apr 23 2016
Every day, millions of Americans reach their jobs using public transportation. But it isn’t just the workforce using transportation. Business owners rely on public transportation to find and retain good talent to keep their businesses moving forward. The ripple effect public transportation creates drives not only an individual’s economic prosperity, but local economies across the nation.
We’re hearing from advocates across the country on how they rely on public transportation for reaching their jobs and the ability of public transit to drive business growth.
When employees can dependably reach their jobs, employers benefit as well. Businesses located close to public transportation experience less employee absenteeism and employee turnover. These businesses enjoy the added benefit of having access to a larger pool of potential employees.
Employers and business owners have partnered with local government and transit agencies to expand public transit options. Take a look at suburban Indianapolis, where property owners supported a new fee to help improve public transit to business clusters. The new service—which includes shuttles, buses, and ride-sharing—is helping connect job seekers with employers such as Amazon, Ryder, and Belkin.
Investments in public transit support job creation. Every $1 billion invested in public transportation supports and creates about 50,000 jobs. In addition, public transportation is a $68 billion industry that directly employs 420,000 people and supports millions of private-sector jobs.
But as we’ve seen, transit benefits go beyond job creation. Public transportation is a connector between private-sector employers and employees, providing advantages to both.