economic development data sources
DESCRIPTION
The federal government has lots of good data but it's often not accessible. This presentation highlights some tools that give business people access to information about the economy.TRANSCRIPT
![Page 1: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/1.jpg)
Tools and Resources for Workforce Planning and Regional Economic Development
Meredith AndersonCareerOneStop Information ArchitectSeptember 24, 2008
![Page 2: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/2.jpg)
GoodForYouBars.com
• I have a custom nutrition bar business in Borup, Minnesota with 19 employees, including my remote web site designer
• Business is growing because we’ve had some great reviews and orders are coming in from all over the country
• Borup is 34 miles from Fargo so for hiring, I’m competing with employers there
![Page 3: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/3.jpg)
The Competition
![Page 4: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/4.jpg)
Where is Borup, Minnesota?
![Page 5: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/5.jpg)
GoodForYouBars.com: The Challenge
• Because we work with online orders and custom recipes, I need people with good literacy, numeracy and technology skills
• Sometimes people who are high school graduates can’t do the work
• What’s an appropriate starting wage?• Should I relocate my plant or increase wages so I can build a loyal workforce?
![Page 6: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/6.jpg)
My Business Services Specialist
• I met with Steve Retzer, DEED’s business services specialist in our region
• I showed him our plant and he asked lots of great questions about our business
• Steve and I talked about my hiring challenges and together we looked at the employment situation in the area
![Page 7: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/7.jpg)
![Page 8: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/8.jpg)
![Page 9: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/9.jpg)
![Page 10: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/10.jpg)
![Page 11: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/11.jpg)
![Page 12: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/12.jpg)
![Page 13: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/13.jpg)
![Page 14: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/14.jpg)
![Page 15: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/15.jpg)
![Page 16: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/16.jpg)
![Page 17: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/17.jpg)
![Page 18: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/18.jpg)
The Bigger Picture
• I was talking to a friend whose kids go to school with my kids and he invited me to the local Workforce Investment Board (WIB) meeting
• Someone I met at the WIB meeting showed me U.S. Census Bureau tools with more information
![Page 19: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/19.jpg)
![Page 20: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/20.jpg)
WIA Quarterly Workforce Indicators
![Page 21: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/21.jpg)
Metro Quarterly Workforce Indicators
![Page 22: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/22.jpg)
![Page 23: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/23.jpg)
![Page 24: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/24.jpg)
Labor Shed: Where Workers Live
![Page 25: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/25.jpg)
15 Mile Radius Labor Shed
![Page 26: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/26.jpg)
Regional Economic Development
• I was asked to work on a SWOT analysis for an economic development plan
• The plan is a blueprint for talent development in regional economies so it will help meet my needs for a well‐educated workforce
• My business needs aren’t all that different from other employers in our area
![Page 27: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/27.jpg)
![Page 28: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/28.jpg)
Summary
• www.CareerOneStop.org– Salary Info
• Regional economic development www.CareerOneStop.org/red– Community Economic Development HotReport– Quarterly Workforce Indicators– U.S. Census Bureau LED OnTheMap– Blueprint for talent development in regional economies
![Page 29: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/29.jpg)
RED Resources
• CareerOneStop www.careeronestop.org to link to these applications and support
• Blueprint for talent development in regional economies www.CareerOneStop.org/red
• Workforce3One www.workforce3one.orgespecially for recorded webinars
• Census Bureau’s OnTheMap mailing list http://lists.census.gov/mailman/listinfo/lehd‐onthemapfor news and user discussions
![Page 30: Economic Development Data Sources](https://reader033.vdocuments.mx/reader033/viewer/2022060110/55613084d8b42a70718b5a07/html5/thumbnails/30.jpg)
More Resources
•Find education and training by occupation, institution or program http://www.careerinfonet.org/edutraining/
• Information about certifications http://www.careeronestop.org/EducationTraining/Find/CertificationCourses.aspx