Understanding the key economic drivers of a city is crucial for residents, job seekers, and businesses alike. A significant factor in this understanding revolves around identifying the organizations that contribute the most to the local economy through job creation and capital investment. In Tulsa, Oklahoma, these major economic contributors represent diverse sectors, including aerospace, healthcare, energy, and technology, often shaping the city’s overall growth and development trajectory.
Knowing which companies offer the most significant employment opportunities provides valuable information for individuals seeking career paths and for policymakers aiming to foster economic stability and growth. These major employers not only contribute to a region’s financial health but also play a vital role in shaping its community identity and social fabric. Their presence can influence infrastructure development, educational initiatives, and overall quality of life within the city. Historically, the prominence of certain industries in Tulsa has reflected national economic trends and shifting global markets.
This exploration delves further into the economic landscape of Tulsa, examining the specific contributions of prominent sectors and their impact on the citys overall economic vitality. It will also consider the challenges and opportunities facing these key industries, offering a comprehensive perspective on the forces shaping Tulsa’s present and future economic outlook.
1. Industry Diversity
A diverse range of industries contributes significantly to the economic robustness of Tulsa, Oklahoma. This diversification is reflected in the profiles of the city’s largest employers, mitigating reliance on any single sector and promoting overall economic stability. Examining this diversity provides crucial insight into the city’s employment landscape and its resilience to economic fluctuations.
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Aerospace and Defense
Tulsa boasts a strong presence in aerospace, with companies like American Airlines maintaining significant operations in the area. This sector provides numerous skilled jobs, including engineering, maintenance, and manufacturing roles, contributing substantially to the local economy. The aerospace industry’s presence also fosters related businesses and supply chains, further amplifying its economic impact.
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Healthcare
Major healthcare systems, such as Hillcrest HealthCare System, are among Tulsa’s largest employers. These institutions offer a wide array of jobs, from medical professionals and technicians to administrative and support staff. The healthcare sector’s consistent demand contributes to stable employment opportunities and reflects the city’s growing focus on health services.
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Energy
Historically a hub for energy production, Tulsa continues to house companies involved in oil and gas operations. While the energy landscape is evolving, these established firms still contribute significantly to the local economy and represent a substantial source of employment, particularly in specialized engineering and technical fields.
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Technology
Tulsa’s technology sector is experiencing notable growth, attracting innovative companies and startups. This emerging sector diversifies the city’s economic base and creates opportunities in areas like software development, data analytics, and cybersecurity. The expanding technology sector is a key driver of future job growth and economic expansion in Tulsa.
The diverse industries represented among Tulsa’s largest employers demonstrate the city’s balanced economic foundation. This variety not only provides a wide spectrum of employment opportunities but also strengthens the city’s resilience against economic downturns by reducing dependence on any single sector. The ongoing growth in technology and healthcare, alongside established industries like aerospace and energy, positions Tulsa for continued economic prosperity and stability.
2. Economic Impact
Assessing the economic impact of Tulsa’s largest employers requires examining their multifaceted contributions beyond direct job creation. These organizations influence various economic indicators, from property values and tax revenue generation to supporting ancillary businesses and driving innovation within their respective sectors. Understanding these broader economic effects provides a more comprehensive picture of their significance to the city’s overall prosperity.
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Job Creation and Income Generation
The most direct economic impact stems from the substantial number of jobs these organizations provide. These employment opportunities generate income for individuals and families, contributing to increased consumer spending and boosting demand for local goods and services. This ripple effect stimulates economic activity throughout the community, supporting small businesses and fostering further job growth.
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Tax Revenue Generation
Large employers contribute significantly to local and state tax revenues through property taxes, payroll taxes, and sales taxes generated by their operations and employee spending. This revenue stream funds essential public services, including infrastructure development, education, and public safety, enhancing the overall quality of life within the city and creating a more attractive environment for businesses and residents.
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Industry Cluster Development
The presence of major employers often attracts related businesses and suppliers, creating industry clusters that further amplify economic activity. These clusters foster innovation, collaboration, and specialized skill development, contributing to long-term economic growth and competitiveness. For instance, the presence of major aerospace companies attracts smaller suppliers and specialized engineering firms, forming a robust aerospace cluster.
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Investment in Infrastructure and Development
Large employers often invest in local infrastructure and development projects, directly contributing to the city’s physical and economic growth. These investments can range from constructing new facilities and expanding existing operations to supporting community development initiatives that enhance the overall business environment and attract further investment.
The combined economic impact of Tulsa’s largest employers is substantial, extending far beyond direct job creation. Their contributions to tax revenue, industry cluster development, and infrastructure investment are essential drivers of the city’s overall economic health and future prosperity. Understanding these multifaceted contributions provides a more complete picture of their vital role in shaping Tulsa’s economic landscape.
3. Job Creation
Job creation is intrinsically linked to the presence and activities of large employers. In Tulsa, Oklahoma, the largest employers play a crucial role in shaping the employment landscape and driving economic growth through the generation of numerous job opportunities across diverse sectors. Understanding the dynamics of job creation by these key players is essential for assessing the overall economic health and future prospects of the city.
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Direct Employment
Large employers directly contribute to job creation by hiring individuals across various roles and skill levels. These roles can range from entry-level positions to highly specialized technical and managerial positions. The sheer scale of their operations translates into a significant number of direct employment opportunities within the city, impacting overall unemployment rates and contributing to a stronger local economy.
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Indirect Employment
The impact of large employers on job creation extends beyond direct hiring. Their presence often stimulates the growth of supporting industries and services. For instance, a major aerospace company may require specialized suppliers, maintenance services, and logistics providers, leading to the creation of additional jobs in these related sectors. This indirect employment effect further amplifies the overall economic impact of large employers within the local community.
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Skill Development and Training
Many large employers invest in training and development programs for their workforce, contributing to an upskilled labor pool within the city. These programs can range from on-the-job training to specialized certifications and partnerships with educational institutions. This investment in human capital not only benefits the individual employees but also strengthens the overall workforce competitiveness within the region, attracting further investment and promoting economic growth.
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Economic Diversification and Resilience
The presence of large employers across diverse sectors contributes to economic diversification, making the city more resilient to economic downturns. When a city relies heavily on a single industry, it becomes vulnerable to fluctuations within that sector. A diverse range of large employers, spanning industries such as healthcare, aerospace, energy, and technology, creates a more balanced and stable economic environment, mitigating the impact of sector-specific challenges.
The impact of Tulsa’s largest employers on job creation is a multifaceted phenomenon, influencing not only direct employment figures but also stimulating indirect job growth, fostering skill development, and promoting economic diversification. This multifaceted impact underscores the crucial role these organizations play in shaping the economic landscape and ensuring the long-term prosperity of the city.
4. Healthcare Systems
Healthcare systems represent a significant portion of the largest employers in Tulsa, Oklahoma. Their substantial contribution to the local economy stems from the considerable workforce required to operate extensive medical facilities and provide comprehensive healthcare services to the community. Understanding the role of these healthcare systems is crucial for assessing the overall employment landscape and economic health of the city.
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Direct Employment Opportunities
Major healthcare systems in Tulsa offer a wide range of direct employment opportunities, encompassing various medical specialties, nursing, technical staff, administrative personnel, and support services. These systems often operate multiple hospitals, clinics, and specialized care centers, requiring a large workforce to manage daily operations and provide patient care. This direct employment contributes significantly to the overall job market in Tulsa.
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Specialized Medical Services and Economic Impact
The presence of advanced medical facilities and specialized services offered by these healthcare systems not only serves the local population but also attracts patients from surrounding areas. This influx of patients contributes to the local economy through increased demand for accommodation, dining, and other related services. Furthermore, specialized medical services often require highly skilled professionals, attracting talent to the city and fostering growth in related industries.
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Community Health and Economic Stability
A robust healthcare system is essential for a thriving community. By providing comprehensive healthcare services, these systems contribute to the overall health and well-being of the population, which, in turn, positively impacts productivity and economic stability. A healthy workforce is a productive workforce, and the presence of strong healthcare systems plays a crucial role in maintaining this positive cycle.
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Research and Innovation
Many large healthcare systems in Tulsa are also involved in medical research and innovation. These activities often lead to advancements in medical technology and treatments, attracting further investment and creating opportunities for specialized research and development jobs. This focus on innovation not only benefits the healthcare sector but also contributes to the overall economic growth and diversification of the city.
The prominence of healthcare systems among Tulsa’s largest employers underscores the vital role they play in the city’s economic landscape. Their contribution extends beyond direct job creation, impacting various aspects of the local economy, from supporting related industries to driving innovation and contributing to the overall health and well-being of the community. This multifaceted impact solidifies their position as key economic drivers within Tulsa.
5. Aerospace Companies
The aerospace sector holds a prominent position within Tulsa’s economy, contributing significantly to its status as a hub for major employers. This connection stems from a confluence of historical factors, strategic location, and a skilled workforce, establishing aerospace companies as integral components of Tulsa’s employment landscape. The presence of these companies generates a ripple effect, impacting various facets of the local economy, from direct and indirect job creation to fostering innovation and attracting further investment.
Historically, Tulsa’s involvement in the aerospace industry dates back to the early 20th century, solidified by the establishment of maintenance and engineering facilities for major airlines. This legacy has fostered a specialized workforce and robust supply chains, creating a fertile ground for the continued growth of aerospace companies. Companies like American Airlines have a significant presence in Tulsa, employing thousands of individuals in roles ranging from aircraft maintenance and engineering to logistics and customer service. The concentration of such operations contributes substantially to the overall economic impact of the aerospace sector within the region. For example, American Airlines’ maintenance base in Tulsa serves as a major employer, providing skilled jobs and contributing to the city’s economic stability. Beyond direct employment, these companies stimulate indirect job growth through ancillary businesses such as parts suppliers, catering services, and transportation providers, further amplifying the economic benefits.
Understanding the close relationship between aerospace companies and Tulsa’s position as a center for large employers provides valuable insights for policymakers, businesses, and job seekers alike. This understanding allows for strategic planning in areas such as workforce development, infrastructure investment, and attracting further aerospace-related businesses. Continued investment in education and training programs tailored to the needs of the aerospace industry can ensure a sustainable pipeline of skilled workers, further strengthening Tulsa’s position as a key player in the aerospace sector and contributing to its long-term economic prosperity. However, potential challenges, such as economic downturns or shifts in the aerospace industry, require proactive strategies to mitigate negative impacts and ensure the sector’s continued contribution to Tulsa’s economic vitality.
6. Energy Sector
Tulsa’s historical association with the energy industry continues to shape its current economic landscape, with energy companies remaining significant employers. While the industry’s dominance may have diminished compared to its peak, its impact on employment and the local economy remains substantial. Understanding this connection is crucial for comprehending the dynamics of Tulsa’s largest employers and their influence on the city’s overall economic health. Historically, Tulsa earned the moniker “Oil Capital of the World” due to its central role in oil production and refining. This legacy established a strong foundation for energy-related businesses, attracting investment, fostering innovation, and creating numerous jobs. While the energy landscape has diversified in recent decades, established energy companies still maintain significant operations in Tulsa, employing a substantial workforce across various roles, from geologists and engineers to refinery workers and administrative staff. Companies like ONEOK, a leading natural gas company, exemplify the energy sector’s continued importance in Tulsa’s employment market. ONEOK’s presence provides numerous job opportunities and contributes significantly to the local economy through investments and operational expenditures.
The energy sector’s contribution extends beyond direct employment. These companies often require specialized services and support industries, creating indirect employment opportunities in areas such as logistics, transportation, and equipment manufacturing. This ripple effect further amplifies the economic impact of the energy sector within Tulsa. Moreover, the energy sector’s historical influence has shaped the city’s infrastructure and business ecosystem. Tulsa’s established pipeline networks, refining facilities, and energy-focused research institutions provide a competitive advantage for energy companies, attracting further investment and supporting the growth of related businesses. However, the energy sector faces ongoing challenges, including fluctuating oil and gas prices, increasing focus on renewable energy sources, and environmental regulations. These factors necessitate adaptation and diversification within the industry to maintain its position as a significant employer in Tulsa.
In summary, the energy sector remains an important component of Tulsa’s largest employers, shaping the city’s employment landscape and contributing significantly to its economic activity. While the industry faces ongoing challenges, its historical significance, established infrastructure, and ongoing adaptation efforts suggest its continued relevance to Tulsa’s economic future. Understanding the dynamic relationship between the energy sector and the city’s employment dynamics is crucial for fostering sustainable economic growth and diversification within Tulsa.
7. Technology Firms
The increasing prominence of technology firms among Tulsa’s largest employers signals a significant shift in the city’s economic landscape. This growth reflects broader national trends towards a digital economy and highlights Tulsa’s successful efforts to attract and cultivate technology-driven businesses. Understanding the connection between technology firms and Tulsa’s major employers is essential for assessing the city’s current economic health and future growth prospects. Several factors contribute to the rise of technology firms in Tulsa. The city’s relatively lower cost of living compared to major tech hubs, coupled with investments in infrastructure and a growing talent pool, creates an attractive environment for technology companies. Furthermore, initiatives promoting entrepreneurship and innovation, such as the Tulsa Innovation District, have fostered a supportive ecosystem for startups and established technology businesses. This supportive environment has attracted companies specializing in diverse areas such as software development, cybersecurity, data analytics, and telecommunications, contributing to a diversified technology sector within the city. Companies like Matrix Service Company, while diversified, have significant technology-driven operations in Tulsa, exemplifying the integration of technology across various sectors.
The impact of these technology firms extends beyond direct job creation. They often stimulate growth in related industries, such as IT services, marketing, and consulting, creating indirect employment opportunities and contributing to the overall economic vitality of the city. Moreover, technology firms are often at the forefront of innovation, driving advancements in their respective fields and attracting further investment. This focus on innovation has a positive spillover effect on other industries, fostering a culture of creativity and problem-solving within the broader business community. For instance, the growth of software development companies in Tulsa has created a demand for specialized talent, leading to the establishment of coding boot camps and training programs, which further strengthens the city’s technology ecosystem. This interconnectedness between technology firms, educational institutions, and the broader business community creates a positive feedback loop, driving further growth and innovation within Tulsa.
In conclusion, the growing presence of technology firms among Tulsa’s largest employers represents a significant economic development. This trend not only contributes to job creation and economic diversification but also fosters innovation and strengthens the city’s overall competitiveness. However, challenges such as attracting and retaining top talent, ensuring adequate infrastructure, and navigating the rapidly evolving technological landscape require ongoing attention. Addressing these challenges effectively will be crucial for ensuring the continued growth and success of Tulsa’s technology sector and its contribution to the city’s long-term economic prosperity.
8. Educational Institutions
Educational institutions play a crucial role in shaping the landscape of Tulsa’s largest employers. This connection stems from the institutions’ capacity to develop a skilled workforce, foster innovation, and contribute directly to the local economy through employment and research activities. The presence of prominent educational institutions like the University of Tulsa and Oklahoma State University-Tulsa significantly influences the talent pipeline available to major employers in the city. These institutions offer a range of programs aligned with the needs of key industries, including engineering, healthcare, business, and technology, ensuring a steady supply of qualified graduates ready to enter the workforce. For example, the University of Tulsa’s engineering programs contribute significantly to the talent pool for aerospace companies like American Airlines, which maintains a substantial presence in Tulsa. This alignment between educational offerings and industry needs strengthens the connection between educational institutions and major employers, creating a mutually beneficial relationship.
Beyond direct employment of faculty and staff, educational institutions contribute to the local economy through research and development activities. University research often leads to innovations and technological advancements that benefit local industries, attracting further investment and creating new opportunities for growth. Furthermore, the presence of vibrant educational institutions enhances the overall quality of life in a city, making it a more attractive location for businesses and professionals, further strengthening the connection between educational institutions and the largest employers. This positive feedback loop creates a virtuous cycle, where strong educational institutions attract major employers, which in turn supports the growth and development of these institutions. The University of Oklahoma-Tulsa’s Schusterman Center for Personalized Health exemplifies this connection, conducting research and providing specialized training in healthcare, a sector with significant employment opportunities within Tulsa. This direct link between research, education, and industry needs highlights the practical significance of educational institutions within Tulsa’s economic framework.
In summary, the connection between educational institutions and Tulsa’s largest employers is integral to the city’s economic vitality. These institutions serve as essential drivers of workforce development, innovation, and economic growth. Understanding this interconnectedness allows for strategic planning in areas such as curriculum development, research initiatives, and partnerships between educational institutions and industry leaders. Addressing challenges such as aligning educational programs with evolving industry needs and ensuring equitable access to educational opportunities remains crucial for maximizing the positive impact of educational institutions on Tulsa’s employment landscape and overall economic prosperity. This ongoing adaptation and collaboration will be key to maintaining a strong connection between educational institutions and the largest employers in Tulsa, contributing to a thriving and sustainable economic future for the city.
9. Government Agencies
Government agencies represent a substantial component of Tulsa, Oklahoma’s largest employers. This presence stems from the inherent need for governmental services at local, state, and federal levels within a major metropolitan area. These agencies provide essential public services, ranging from public safety and infrastructure management to social services and regulatory oversight. Consequently, government agencies require a substantial workforce to administer these services, contributing significantly to the overall employment landscape. For instance, the City of Tulsa itself is a major employer, with numerous departments requiring personnel for various functions, from police officers and firefighters to administrative staff and public works employees. Similarly, state agencies like the Oklahoma Department of Transportation and federal agencies like the Department of Veterans Affairs maintain significant operations in Tulsa, further contributing to government employment within the city.
The impact of government agencies as large employers extends beyond direct job creation. Their presence often necessitates supporting industries and services, creating indirect employment opportunities in areas such as construction, information technology, and administrative support. Furthermore, government spending on infrastructure projects and public services stimulates economic activity within the local community, generating additional jobs and supporting local businesses. The location of major federal agencies, such as the Tulsa Area Office of the U.S. Small Business Administration, can influence economic development by providing resources and support to local businesses, further reinforcing the link between government agencies and economic activity within Tulsa. This interplay between government agencies and private sector businesses contributes to a dynamic and interconnected economic ecosystem. Understanding the economic impact of government spending and employment provides valuable insights for policymakers and businesses alike.
In summary, government agencies constitute a significant portion of Tulsa’s largest employers, contributing substantially to the city’s employment landscape and overall economic health. Their role extends beyond direct employment, influencing related industries and stimulating economic activity through government spending. Recognizing the multifaceted impact of government agencies as major employers is crucial for understanding the dynamics of Tulsa’s economy and developing strategies for sustainable economic growth. However, challenges such as budgetary constraints and evolving public service needs require ongoing adaptation and strategic planning to ensure the continued contribution of government agencies to Tulsa’s economic prosperity.
Frequently Asked Questions
This section addresses common inquiries regarding major employers in Tulsa, Oklahoma, offering concise and informative responses to facilitate a deeper understanding of the city’s employment landscape.
Question 1: Which industries represent the largest employment sectors in Tulsa?
Tulsa’s employment landscape is diversified, with prominent sectors including aerospace, healthcare, energy, technology, and government. The relative size of each sector fluctuates based on economic conditions and industry trends.
Question 2: How do Tulsa’s largest employers contribute to the local economy beyond job creation?
Major employers contribute through various avenues, including tax revenue generation, investment in infrastructure, and supporting ancillary businesses, thereby stimulating economic growth and development within the city.
Question 3: What initiatives are in place to attract and retain talent in Tulsa?
Initiatives focus on workforce development programs, fostering a supportive business environment, and enhancing the city’s overall quality of life to attract and retain skilled professionals across various industries.
Question 4: How do economic downturns impact employment levels within Tulsa’s major employers?
Economic downturns can lead to workforce reductions and hiring freezes across various sectors. However, Tulsa’s diversified economy often mitigates the impact of sector-specific downturns, providing relative stability.
Question 5: What resources are available for individuals seeking employment with Tulsa’s largest employers?
Resources include online job boards, career fairs, networking events, and workforce development programs offered by local organizations and educational institutions.
Question 6: How does the presence of major universities influence Tulsa’s employment landscape?
Major universities contribute significantly by developing a skilled talent pool through specialized programs, conducting relevant research, and fostering partnerships with leading employers, creating a robust talent pipeline.
Understanding the dynamics of Tulsa’s major employers is crucial for individuals seeking career opportunities, businesses planning expansions, and policymakers shaping economic development strategies. Continued exploration of these topics will provide deeper insights into the forces shaping Tulsa’s economic future.
This concludes the FAQ section. The following sections will delve further into specific aspects of Tulsa’s employment landscape.
Tips for Navigating Tulsa’s Employment Landscape
Navigating the job market in any city requires strategic planning and understanding of local economic dynamics. This section provides valuable tips for individuals seeking opportunities within Tulsa’s leading organizations, focusing on practical strategies and relevant insights.
Tip 1: Research Key Industries: Thoroughly research Tulsa’s prominent industries, including aerospace, healthcare, energy, and technology. Understanding industry trends, growth projections, and required skill sets allows for targeted job searches and career development planning.
Tip 2: Network Strategically: Networking plays a crucial role in career advancement. Attend industry events, connect with professionals on online platforms, and engage with local organizations to expand professional networks and gain valuable insights into Tulsa’s job market.
Tip 3: Develop In-Demand Skills: Focus on developing skills aligned with the needs of Tulsa’s largest employers. Technical skills in areas like software development, data analysis, and engineering are highly sought after, as are soft skills such as communication and problem-solving.
Tip 4: Utilize Online Resources: Leverage online job boards, company websites, and professional networking platforms to explore available opportunities and connect with potential employers. Many organizations post job openings directly on their websites, providing valuable information about company culture and requirements.
Tip 5: Tailor Resumes and Cover Letters: Customize resumes and cover letters to highlight relevant skills and experience specific to each target position. Generic applications often lack the impact necessary to stand out in a competitive job market. Highlight accomplishments and quantify achievements whenever possible.
Tip 6: Prepare for Interviews: Thorough interview preparation is essential for success. Research the company, practice answering common interview questions, and prepare thoughtful questions to ask the interviewer, demonstrating genuine interest and engagement.
Tip 7: Engage with Local Educational Institutions: Explore programs and resources offered by local universities and colleges. Many institutions offer career counseling, workshops, and networking events tailored to the local job market. These resources can provide valuable support and guidance for job seekers.
By implementing these strategies, individuals can effectively navigate Tulsa’s employment landscape and increase their prospects for securing rewarding career opportunities within the city’s leading organizations. These tips provide a practical roadmap for success in a competitive job market, emphasizing the importance of research, networking, and continuous skill development.
These tips provide a starting point for navigating Tulsa’s job market. The concluding section offers final thoughts and resources for continued exploration.
Largest Employers in Tulsa, OK
This exploration of Tulsa, Oklahoma’s largest employers has revealed a dynamic and diversified economic landscape. Key industries, including aerospace, healthcare, energy, and technology, contribute significantly to employment opportunities and overall economic stability. These organizations not only provide jobs but also drive innovation, invest in infrastructure, and support ancillary businesses, creating a ripple effect throughout the local economy. Understanding the influence of these major employers offers valuable insights for job seekers, businesses, and policymakers alike. The interplay between industry clusters, educational institutions, and government agencies further shapes Tulsa’s economic vitality, fostering a complex and interconnected system.
Tulsa’s economic future hinges on continued adaptation and strategic planning. Addressing challenges such as talent acquisition and retention, fostering innovation, and navigating evolving industry trends will be crucial for sustained economic growth. Further research and engagement with local resources can provide a deeper understanding of the forces shaping Tulsa’s employment landscape and its overall economic trajectory. This understanding equips individuals and organizations with the knowledge necessary to contribute to and benefit from Tulsa’s continued economic development.
