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Real-World Data. Real-World Solutions

Real-World Data. Real-World Solutions. Courtney Taylor, PCED Interim Director, Center for International Business and Economic Development. Why We Use EMSI. Ease of Use Depth of Data Immediacy of Data Late Addition: it can’t be shut down during a government shutdown. How We Use EMSI.

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Real-World Data. Real-World Solutions

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  1. Real-World Data. Real-World Solutions Courtney Taylor, PCED Interim Director, Center for International Business and Economic Development

  2. Why We Use EMSI • Ease of Use • Depth of Data • Immediacy of Data • Late Addition: it can’t be shut down during a government shutdown

  3. How We Use EMSI • Custom Reports & Analysis • Labor Force • Occupation Match • Industries • Demographics • Economic Impact Analyses • EI of recruitment efforts • Theoretical Impacts • Academic studies • Assistance with RFI’s • Compare Competing Communities (when known)

  4. Example of a Request Courtney, We have a prospect, we need some numbers. Courtney, Don’t you have that cool data thing you can use to help us out with some labor force numbers?

  5. Out of those Requests • 8-10 external Data runs/month MINIMUM • At least one Analysis/Month • Immeasurable “Goodwill” return • We are now a resource to people who once viewed universities as “ivory tower people”

  6. Another Request… Courtney, We need help showing an available labor force for in our region to help target new manufacturers.

  7. Availability of Supervisors? First-Line Supervisors of Production and Operating Workers Median Hourly Earnings* $25.23 2013 Jobs* 497 2007-2013 Change* -90 2007-2013 Estimated Annual Openings* 10 *These figures are taken from: SOC 51-1011.

  8. Available of CSRs?

  9. A professor from the College of Education needed to know about future demand for Elementary School Teachers. As usual, data was needed IMMEDIATELY.

  10. Basic Demographics

  11. Curiosity • Lawrence County, Alabama is slated to lose 1045 jobs at a paper mill in early 2014. • I was curious about impacts…but I’m not an economist. • That’s where EMSI (AKA Desktop Economist) came in…

  12. Theoretical Impacts

  13. Quick Data • What are the general demographics for my area? • What is the largest Industry? • Is my area outperforming the state, region, competing area, or nation in a certain industry? • What occupations are growing? Shrinking? • Are there gaps in educational programs? • What are the largest businesses in my region? • Demographics, occupations, industries, etc within a certain distance from a point.

  14. Industrial Data

  15. Occupation Data

  16. Occupations with Largest Growth and Decline in the Region

  17. Largest Businesses in the Region

  18. Aviation Sector Information

  19. Click the Map MRO Occupations w/in 25 miles of a click on the map

  20. MRO Jobs w/in 25 Miles Ranked

  21. Statistics for Jobs in Defined Region

  22. Future? • More Analyses, less “runs” • More partnerships with professionals • Less time per data run/analysis • Develop template for most common data requests • Continue to encourage local economic developers to embrace data.

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