presented by: deidre d. myers policy, research & economic analysis
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Presented by:Deidre D. Myers
Policy, Research & Economic Analysis
Oklahoma’s Ecosystems:Accelerating the Growth of the
State’s Economic Prosperity
Goals
Prioritize Resources Align Policies Maximize Outcomes Require
Accountability
Methodology
Wealth Generation
Competitive Advantage
Growth Potential
Sales RevenueExport ShareWages
Location QuotientPhysical Assets
Workforce
New MarketsIndustry TrendsNumber of Establishments
Process
Step 5. Tested conclusions against macro economic data
Step 4. Aggregated findings to ecosystems that share economic characteristics
Step 3. Analyzed qualitative data including OK’s physical assets, R&D expertise and workforce strengths
Step 2. Identified those industries that ranked highest in each and all of the 3 categories
Step 1. Analyzed quantitative variables for wealth generation, growth potential and competitive advantage for 669 industries
Outcome
669 Industries72 variables48,168 data points
Wealth Generation
Growth Potential
Competitive
Advantage
ECOSYSTEMS: The economic drivers of OK
Ecosystems
Aerospace & Defense
Parts & Components
Manufacturing
Maintenance, Repair & Overhaul
Unmanned Aerial Systems
Military Related Research &
Development
Energy
Machinery Manufacturing
Compressed Natural Gas
Vehicles
Distribution
Engineering Services
Agriculture & Biosciences
Food Manufacturing
Commodity Production & Distribution
Fertilizer Manufacturing
Research & Development in Ag Biosciences
Information & Financial Services
Data Centers
Banking
Cyber Security
Computer Systems
Transportation & Distribution
Air, Rail, Water & Pipeline
Transportation
Transportation Equipment
Manufacturing
Warehousing & Storage
Wholesale Brokers
The specific industries listed under the ecosystems are neither comprehensive nor exclusive. They are only examples to demonstrate a diversity of activities. The number of individual industries included among the 5 ecosystems actually number over 200.
Vital Complementary Systems
Oklahoma’s Ecosystems
Infrastructure• Construction
Quality of Life• Health & Biosciences• Tourism & Recreation
Skills, Knowledge, & Abilities
• Education• Creative Industries
Regional & Micro Systems
State
Metro Stat Areas
OKC
Tulsa
Lawton
Multi County Regions
SCORE
NWOA
Southern WIB
Cities
Enid
Muskogee
Ardmore
Policies
Business Start-Up, Retention, Expansion & Recruitment
Workforce (STEM)
Incentives
Regulations
Infrastructure
County Unemployment Rates
OK’s Educational Gap for New Jobs
New Jobs defined as those jobs projected to be created between 2010 and 2020.Source: 2010 ACS; EMSI Complete Employment - 2011.4
2010 OK Educa-tional Attainment
OK New Jobs' Requirements
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
45.8
22.9
31.3
48.9
15.4
23.7
7.5
4.5
High School Degree and less Some college/Vocational/Associate's Degree Bachelor's DegreePost Bachelor's Degree
Unemployment Rates by Cohort
White, A
ge 16-19
White, A
ge 20+
Black, Age 16-19
Black, Age 20+
Hispanic,
Age 16-19
Hispanic,
Age 20+
Male, Age 16-19
Male, Age 20+
Female, A
ge 16-19
Female, A
ge 20+
Less
than High School
High School
Associa
tes and Certi
ficate
Bachelor's
and Higher -
5.0
10.0
15.0
20.0
25.0
30.0
35.0
Note: Data are from BLS, CPS Rolling 12 month average which measures the Unemployment Rate of those who have actively searched for work over the preceding 4 weeks. For example, not all 16-19 year olds are included in the calculation, only those who are actively pursuing employment.
Critical Workforce for the Ecosystems
OK’s Current Capacity
• Occupational mix effect
• Location quotient Expected
Growth• Net new jobs• Openings
National Demand
• Job growth• National wage
rates
Industry Demand
• Net employed in group
• % of staffing
Wealth Generation
• State wages• National
difference
Educational Requirements
10
26
5
112
33
13
OK Ecosystems’ 100 Critical Occupations by Attainment
Associate's Degree
Bachelor's Degree
Advanced Degree
Vocational Award
Short-term OJT
Moderate-term OJT
Long-term OJT
Classification
Transportation & Material Moving
Production
Installation, Maintenance & Repair
Construction & Extraction
Healthcare & Technical
Life, Physical & Social Science
Engineering
Computer & Math
Business & Finance
Management
0 5 10 15 20 25 30 35
100 Critical Occupations by Major Grouping
41 STEM Intense
13 STEM Related
NOTE: STEM (Science, Technology, Engineering & Mathematics) qualification defined by the Georgetown University Center for Education & Workforce
Happening Now & Next Steps
Complete College America “OneOklahoma” A Strategic Plan for Science &
Technology in Oklahoma, 2012 www.OKJobsMatch.com Career Pathways Project Lead the Way Regional Analyses
Regional Process
Modify State Process to 6-digit NAICS
Change Economic Relationships
Identify and Vet Data
Aggregate to Geographic Area
Test Conclusions
Regional ConsiderationsGranularity exposes federal data inconsistencies and suppression
Margin of error increases
Regional diversity amplifies outliers
Arbitrary geographic boundaries suppress market relationships
Export considerations differ from state
Southern WIB Ecosystems(Initial Analysis)
Energy
Refineries
Machinery & Equipment
Manufacturing
Oil and Gas Support Activities
Agriculture & Biosciences
Animal & Crop Production
Forestry and Wood Product
Manufacturing
Research & Development in Ag
Biosciences
Transportation
Transportation Equipment
Manufacturing
Tire Manufacturing
Freight Trucking
Distribution
Warehousing & Storage
Wholesale Brokers
Electrical & Oil/Gas
Tourism
Casinos/ Casino Hotels
Accommodations
Recreation Activities
The specific industries listed under the ecosystems are neither comprehensive nor exclusive. They are only examples to demonstrate a diversity of activities.
For more information:www.okcommerce.gov/data
Email: deidre_myers@okcommerce.govTwitter: @deidredmyers
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