CIS just released the study. As part of the unveiling, Elaine Wynn, Chair of the National Board of CIS, and Dan Cardinali, President of CIS, appeared on MSNBC’s Morning Joe news segment (@morning_joe) to discuss the study.

You can learn more and download the report on its website.

Here is more thorough description of the project:

Communities In Schools contracted with EMSI to specify its economic and social returns to society through a rigorous third-party investment analysis. The purpose of this important next step is to quantify the return on investment of Communities In Schools’ 113 high school-serving affiliates in its network to taxpayers, businesses, and students. The analysis also shows the economic benefits when local affiliates go from implementing parts of the Communities In Schools model in some of their high schools to full implementation in all of their high schools.

Visit msnbc.com for breaking news, world news, and news about the economy

Find out more about EMSI here. You can reach us via Twitter @DesktopEcon or by emailing Rob Sentz (rob@economicmodeling.com).

The lifetime earnings loss from the lower educational attainment equates, in present-value terms, to nearly $83,000 per child. With an estimated 19.7 million children with delinquent fathers, the average annual average loss in productivity represents a $34.8 billion loss to the national economy each year. After accounting for associated ripple effects, the total economic loss to the United States as a whole is $60 billion per year.

CNN’s Michele Weldon covered the report in her recent article. Below is an excerpt:

Beyond that, there are realities that are hard to dispute. A new study, “Father Hunger: An Economic View of Delinquent Fathers,” describes the apocalypse caused by single parenting framed in economic terms. This white paper, by Idaho-based Economic Modeling Specialists, describes the education gap, earnings gap and ultimately value lost from direct and indirect labor income to the nation’s economy of $60 billion per year.

According to the study, children growing up in one-parent homes are 16% more likely to drop out of high school. Only 14.3% of students from one-parent households will attend some college, compared with 17.6% in two-parent households.

Access the full Father Hunger report here. Find out more about EMSI and our data here. You can reach us via Twitter @DesktopEcon or by emailing Rob Sentz (rob@economicmodeling.com).

On Thursday, June 7, 2:00-3:15 p.m., EMSI’s Chris Aberle will be speaking at C2ER’s 52nd annual conference in Oklahoma City:

C2ER’s Annual Conference and the LMI Training Institute Annual Form bring together leading economic and workforce development researchers from across the U.S. This year’s conference will enable participants to maximize their data resources and analytical capabilities to accurately identify changes as they occur in regional economies.

We’ve had the opportunity to attend C2ER for the better part of a decade and have found it to be one of the more worthwhile conferences, especially if you are interested in labor market topics. If you’d like to learn more, check out their website.

More to come!

The Wall Street Journal’s Mark Peters and Isabel Ordonez wrote an article on the surging demand for oil sand operations and it has created a nice energy boom in parts of our country. The authors also point a recent economic impact study that EMSI completed for a community in Wisconsin:

A study of Wood County by Economic Modeling Specialists Inc. projects that sandmining could add nearly 930 jobs over the next eight years, mostly in mining, processing and trucking, while new annual revenues to county and local governments could reach nearly $2.6 million. Similar gains are likely in other counties, but statewide estimates aren’t available. “It has been an absolute benefit to the economy,” Mr. Pliml said. “We are seeing another way for our economy to diversify.”

Check out the article. If you are interested in the research we did, contact Rob Sentz (rob@economicmodeling.com).

We’ll begin our analysis in 2008 so that we can cover the recession, and filter through California’s 13 million jobs using Analyst, EMSI’s web-based labor market analysis tool. Our study is based solely on labor market data from EMSI’s 2012.1 Covered Employment release, which is drawn from 80+ state and federal data sources.

ECONOMIC SUMMARY

Since 2008, jobs have declined by 4.2%, which is the loss of about 700,000 jobs in four years. Current calculations put unemployment at just over 2 million. Average annual earnings are $54.5K.

HIGHEST-PAYING

Our first table shows the jobs that pay over $70 per hour (2011 median wage). What jumps out?

• A lot of healthcare jobs (SOC code 29).

• Judges, magistrate judges, & magistrates ($94.89) make quite a bit more in California than they do in, say, Texas ($36.91), Virginia ($48.69), New York ($60.98), and even Washington D.C. ($75.41).

• All the healthcare jobs are growing. The only non-healthcare occupations are in decline: judges (-24%) and chief executives (-12%).

BEST GROWTH

To better understand which jobs are experiencing the best growth, we will look at both the number of new jobs added as well as the fastest growth (measured by percent) since 2008. NOTE: We are limiting ourselves to occupations that employ at least 1000 people and pay at least $25/hour, and we are excluding educational jobs.

• Registered nurses (surprise, surprise) added the most—over 18,000 jobs. In addition, there are quite a few other healthcare occupations adding substantial numbers of jobs.

• Computer and mathematical occupations (SOC code 15) also show good growth.

SOC Code	Description	2008 Jobs	2012 Jobs	Change	% Change	2012 National Location Quotient	2011 Median Hourly Wage	Education Level
Source: EMSI Covered Employment - 2012.1
29-1111	Registered Nurses	223,857	242,274	18,417	8%	0.80	$39.86	Associate's degree
47-4011	Construction and Building Inspectors	10,806	16,546	5,740	53%	1.00	$32.82	Work experience in a related occupation
21-1029	Social Workers, All Other	12,537	16,965	4,428	35%	1.62	$26.79	Bachelor's degree
15-1081	Network Systems and Data Communications Analysts	26,741	29,828	3,087	12%	1.05	$38.59	Bachelor's degree
15-1031	Computer Software Engineers, Applications	77,585	80,525	2,940	4%	1.36	$48.32	Bachelor's degree
13-1041	Compliance Officers, Except Agriculture, Construction, Health and Safety, and Transportation	30,039	32,958	2,919	10%	1.10	$26.71	Long-term on-the-job training
29-1069	Physicians and Surgeons, All Other	21,118	24,020	2,902	14%	0.74	$92.16	First professional degree
19-1042	Medical Scientists, Except Epidemiologists	24,733	26,804	2,071	8%	2.20	$38.56	Doctoral degree
15-1032	Computer Software Engineers, Systems Software	70,331	72,347	2,016	3%	1.58	$51.50	Bachelor's degree
29-1062	Family and General Practitioners	8,816	10,683	1,867	21%	0.86	$74.53	First professional degree
11-9111	Medical and Health Services Managers	26,272	28,113	1,841	7%	0.90	$44.92	Bachelor's or higher degree, plus work experience
29-1031	Dietitians and Nutritionists	5,686	7,488	1,802	32%	0.94	$30.88	Bachelor's degree
29-2011	Medical and Clinical Laboratory Technologists	12,399	13,761	1,362	11%	0.72	$36.10	Bachelor's degree
29-2034	Radiologic Technologists and Technicians	15,061	16,371	1,310	9%	0.66	$30.16	Associate's degree
29-1071	Physician Assistants	7,688	8,981	1,293	17%	0.95	$43.21	Master's degree
29-1123	Physical Therapists	13,383	14,515	1,132	8%	0.70	$39.20	Master's degree

Switching to the occupations that have grown the quickest:

SOC Code	Description	2008 Jobs	2012 Jobs	Change	% Change	2012 National Location Quotient	2011 Median Hourly Wage	Education Level
Source: EMSI Covered Employment - 2012.1
47-4011	Construction and Building Inspectors	10,806	16,546	5,740	53%	1.00	$32.82	Work experience in a related occupation
29-1064	Obstetricians and Gynecologists	2,239	3,071	832	37%	1.24	$86.46	First professional degree
21-1029	Social Workers, All Other	12,537	16,965	4,428	35%	1.62	$26.79	Bachelor's degree
29-1031	Dietitians and Nutritionists	5,686	7,488	1,802	32%	0.94	$30.88	Bachelor's degree
13-1011	Agents and Business Managers of Artists, Performers, and Athletes	3,237	4,114	877	27%	2.65	$37.51	Bachelor's or higher degree, plus work experience
13-1061	Emergency Management Specialists	1,068	1,334	266	25%	0.77	$37.10	Work experience in a related occupation
49-2093	Electrical and Electronics Installers and Repairers, Transportation Equipment	2,133	2,636	503	24%	1.13	$25.98	Postsecondary vocational award
29-1062	Family and General Practitioners	8,816	10,683	1,867	21%	0.86	$74.53	First professional degree
29-1061	Anesthesiologists	3,301	3,988	687	21%	0.89	$93.38	First professional degree
17-2031	Biomedical Engineers	2,916	3,513	597	20%	1.72	$42.87	Bachelor's degree
17-1021	Cartographers and Photogrammetrists	1,052	1,246	194	18%	0.83	$29.39	Bachelor's degree
29-1071	Physician Assistants	7,688	8,981	1,293	17%	0.95	$43.21	Master's degree
49-2095	Electrical and Electronics Repairers, Powerhouse, Substation, and Relay	1,451	1,694	243	17%	0.60	$38.04	Postsecondary vocational award
19-1021	Biochemists and Biophysicists	4,512	5,199	687	15%	1.85	$40.60	Doctoral degree
31-2011	Occupational Therapist Assistants	1,902	2,188	286	15%	0.67	$28.38	Associate's degree
29-1067	Surgeons	4,175	4,795	620	15%	0.92	$94.68	First professional degree
29-1069	Physicians and Surgeons, All Other	21,118	24,020	2,902	14%	0.74	$92.16	First professional degree
31-2021	Physical Therapist Assistants	4,072	4,626	554	14%	0.59	$27.66	Associate's degree
15-1081	Network Systems and Data Communications Analysts	26,741	29,828	3,087	12%	1.05	$38.59	Bachelor's degree

• Construction & building inspectors grew by 50%. What’s most surprising is that in a crowd of higher-ed-level jobs, this job requires only work experience in a related occupation.

• Emergency management specialists (25%) is the only other job here that takes merely work experience in a related occupation.

• Obstetricians & gynecologists (37%), dietitians & nutritionists (32%), family & general practitioners (21%), and anesthesiologists (21%) are among the several healthcare jobs with the best proportionate growth.

COMPELLING FOR CALIFORNIA

When we talk concentration, we’re basically talking specialization. Measured by location quotient (LQ), concentration tells us how unique and compelling a job is for that particular region.

• Quite predictably, the most concentrated job is entertainers & performers, sports & related workers (4.21 LQ).

• Four of the jobs are related to arts, design, entertainment, sports, and media (SOC code 27). Costume attendants and agents & business managers of artists, performers, and athletes could also join the group hug, though they are from different occupational categories.

• Most of the highly concentrated jobs in California are in decline. Take a look at plasterers & stucco masons, down almost 4,000 jobs (-31%).

• The best-performing job on this list is agents & business managers of artists, performers, and athletes with $37.51/hour wages, 27% growth (877 new jobs), and 2.65 LQ.

Conclusion

As far as wages and growth are concerned, most of California’s top jobs are in healthcare — particularly physicians & surgeons, family & general practitioners, and obstetricians & gynecologists. Non-healthcare jobs with growth and decent money on their side are construction & building inspectors and network systems & data communications analysts. As for concentration, it probably isn’t a good time to be an entertainer or performer, but it might be fun to find one and become their agent or business manager.

If you would like to learn more, please contact us. Find out more about EMSI and our data here. You can reach us via Twitter @DesktopEcon or by emailing Rob Sentz (rob@economicmodeling.com).

And since we all hear a lot about how the federal sector is one of the few that has actually grown post-recession, we thought it would be good to use this data set to produce a quick post showing the sector’s growth since 2008.

To assemble this analysis, we use Analyst, EMSI’s web-based labor market analysis tool which contains detailed information on over 1,100 industries and 800 occupations. Please note that the preliminary 2012 data is still a projection.

Growth

Since 2008, employment for civilian jobs in the federal government have shot up by an impressive 20%, which is roughly 500,000 new jobs. Current employment is 2.46 million jobs. See the chart below for the big jump.

Regional Breakdown

Not surprisingly, Washington D.C. (213,417) employs the most. California is second with 208,000 jobs. After that, Virginia (185,541) and Texas (178,445) have the most jobs. The states with the least are Delaware (4,474), New Hampshire (5,000), and Vermont (5,458).

Our previous list might not be that surprising, so now let’s look at the states that have had the most growth. With 37% growth since 2008, Michigan is the fastest-growing, which likely has to do with GM. After that comes Indiana (34%), Kansas (33%), and New Hampshire (30%). The states that have grown the least are Utah (8%), Alaska (8%), and Idaho (9%).

Another interesting angle is to look at the industry’s concentration, which indicates “specialization.” To do this we will use location quotient or LQ. The higher the LQ, the more compelling the industry is for the state. Washington D.C., of course, owns the highest concentration of civilian federal workers (LQ 15.7). Basically, federal employment in DC is nearly 16 times greater than the typical region. After that comes Maryland (3.53 times greater than the typical region), Hawaii (2.69), Alaska (2.49), and Virginia (2.59). Low concentration is found in Connecticut (0.37), Wisconsin (0.39), New Hampshire (0.43), and Iowa (0.43).

Also, note that the national average industry earning level is $76K — very high for an industry sector. DC and Maryland really stand out: both average nearly $100K per year.

Here is a table showing the states ordered by total employment.

State	2008 Jobs	2012 Jobs	% Change	2011 Avg. Annual Wage	2011 National LQ
District of Columbia	191,384	213,417	12%	$98,035	15.69
California	169,800	207,989	22%	$76,840	0.74
Virginia	157,048	185,541	18%	$87,429	2.59
Texas	143,523	178,445	24%	$71,510	0.88
Maryland	145,241	173,221	19%	$93,734	3.53
Florida	88,678	109,895	24%	$70,303	0.80
Georgia	77,788	95,451	23%	$71,384	1.33
New York	72,308	88,501	22%	$75,699	0.55
Pennsylvania	68,402	80,401	18%	$71,152	0.77
Washington	55,824	65,663	18%	$72,197	1.18
Ohio	48,096	62,137	29%	$74,014	0.65
Illinois	50,490	60,563	20%	$77,301	0.57
North Carolina	44,621	57,923	30%	$63,963	0.77
Alabama	42,750	53,521	25%	$77,138	1.52
Arizona	42,406	52,937	25%	$67,684	1.14
Missouri	41,329	48,460	17%	$64,824	0.97
Colorado	39,660	47,646	20%	$73,927	1.10
Oklahoma	37,065	45,011	21%	$64,826	1.52
Tennessee	36,150	40,903	13%	$73,974	0.84
New Jersey	31,939	39,924	25%	$83,922	0.56
Michigan	27,423	37,468	37%	$76,569	0.51
Kentucky	29,239	35,056	20%	$60,587	1.02
Massachusetts	29,073	34,866	20%	$78,726	0.57
Hawaii	29,512	33,055	12%	$68,537	2.69
Utah	29,559	31,835	8%	$64,164	1.40
New Mexico	26,898	31,294	16%	$68,630	2.04
Indiana	22,905	30,758	34%	$66,985	0.59
South Carolina	22,099	28,481	29%	$62,275	0.82
Louisiana	22,328	27,199	22%	$67,991	0.73
Oregon	21,462	23,710	10%	$69,761	0.77
Mississippi	21,130	23,457	11%	$64,912	1.10
Minnesota	18,203	21,809	20%	$70,989	0.44
Kansas	16,299	21,599	33%	$65,593	0.85
West Virginia	18,066	21,165	17%	$70,538	1.57
Wisconsin	15,555	20,013	29%	$62,972	0.39
Arkansas	14,907	17,231	16%	$64,764	0.79
Alaska	15,125	16,379	8%	$71,441	2.49
Nevada	12,411	14,968	21%	$65,559	0.70
Nebraska	10,746	13,301	24%	$63,891	0.74
Montana	11,057	12,727	15%	$61,553	1.54
Maine	10,549	12,625	20%	$69,817	1.13
Iowa	9,441	12,024	27%	$62,117	0.43
Connecticut	9,236	11,428	24%	$76,004	0.37
Idaho	10,290	11,175	9%	$63,601	0.96
South Dakota	8,910	10,146	14%	$59,684	1.33
North Dakota	7,643	8,416	10%	$58,724	1.13
Rhode Island	6,867	8,195	19%	$82,348	0.95
Wyoming	6,178	7,135	15%	$57,870	1.29
Vermont	4,205	5,458	30%	$69,777	0.95
New Hampshire	3,842	5,000	30%	$83,458	0.43
Delaware	3,490	4,474	28%	$66,172	0.58

Staffing Patterns

Seven of the top 13 most common occupations in the federal government are related to business and financial operations (SOC 13). The top occupation is business operations specialists, which is 7.8% of the industry. Compliance officers (3.9%), information & record clerks (3.4%), and registered nurses (3.2%) follow next.

The most commonly reported education level for the most common occupation tends to vary pretty widely. We get everything from short-term on-the-job training (information & record clerks) to first professional degree (lawyers).

SOC Code	Occupation	Employed in Industry (2008)	Employed in Industry (2012)	Change	% Change	% of the Total Jobs in Industry (2011)	2011 Median Hourly Wage	Education Level
13-1199	Business Operations Specialists, All Other	166,527	193,841	27,314	16%	7.8%	$29.27	Bachelor's degree
13-1041	Compliance Officers, Except Agriculture, Construction, Health and Safety, and Transportation	76,526	98,705	22,179	29%	3.9%	$24.12	Long-term on-the-job training
43-4199	Information and Record Clerks, All Other	78,201	83,300	5,099	7%	3.4%	$17.19	Short-term on-the-job training
29-1111	Registered Nurses	66,558	79,463	12,905	19%	3.2%	$31.15	Associate's degree
13-1111	Management Analysts	53,651	62,797	9,146	17%	2.5%	$36.35	Bachelor's or higher degree, plus work experience
15-1099	Computer Specialists, All Other	52,662	62,071	9,409	18%	2.5%	$37.25	Associate's degree
11-9199	Managers, All Other	44,123	55,448	11,325	26%	2.2%	$44.16	Work experience in a related occupation
13-2011	Accountants and Auditors	37,012	44,824	7,812	21%	1.8%	$29.16	Bachelor's degree
13-1031	Claims Adjusters, Examiners, and Investigators	32,765	40,103	7,338	22%	1.6%	$27.42	Long-term on-the-job training
13-1079	Human Resources, Training, and Labor Relations Specialists, All Other	31,548	39,842	8,294	26%	1.6%	$27.17	Bachelor's degree
13-1023	Purchasing Agents, Except Wholesale, Retail, and Farm Products	31,799	39,307	7,508	24%	1.6%	$26.54	Long-term on-the-job training
23-1011	Lawyers	32,402	38,408	6,006	19%	1.5%	$55.08	First professional degree
33-3021	Detectives and Criminal Investigators	29,695	38,743	9,048	30%	1.5%	$30.53	Work experience in a related occupation

Conclusion

The biggest takeaway from all of this is that while most of the economy has suffered, the federal government has really bulked up. According to EMSI’s employment databases, jobs across all sectors have declined by 3% from 2008 to today — at the same time that the federal government has boosted civilian employment by 20%. This has certainly been good for the folks that have those jobs, but the fed isn’t really a “producer.” We look forward to the day when employment growth in the other sectors outpaces the federal sector.

Also, the average pay for these jobs seems quite high. It might be good to produce some more analysis around that. For more information, here is a comparison that Annie Lowrey did over at the NYT.

If you would like to learn more, please contact us. Find out more about EMSI and our data here. You can reach us via Twitter @DesktopEcon or by emailing Rob Sentz (rob@economicmodeling.com).

GROWTH TRENDS

From 2001-2012, jobs at public colleges and universities grew by 12.8%, which translates to 360,000 new jobs. Public higher ed institutions account for an estimated 3.1 million jobs. Employment at private colleges and universities during that same time period grew by 32.7%, which translates to 308,000 new jobs. Private institutions account for an estimated 1.2 million jobs.

Below we have charted that growth. Notice how the recession hasn’t really dampened the growth in either sector.

EMPLOYMENT TRENDS

In our previous post we noted that the staffing pattern for public colleges and universities:

• Teachers/professors – 22.5% of the total industry or nearly 700,000 workers
• Office clerks – nearly 10% of the total industry or 300,000 workers
• Secretaries and executive secretaries – just over 9% of the total sector or 430,00 workers
• Janitors – 4.4% or 137,000 workers

Private institutions are similar. Teachers and professors make up a slightly higher percentage at private colleges and administrative staff makes up a lower percentage. See the table below.

Geographic Comparison

• The largest state for public institutions is California, which employs about 390,000. When it comes to private institutions, New York is first with 178,000 jobs, followed by California with 124,000 jobs.
• The public colleges/universities with the most employment growth were states like Wyoming, North Dakota, and quite a few other western states. We see somewhat similar results for the private counterparts. Arizona, Wyoming, Nevada, and Idaho all grew by more than 100% since 2001. Arizona’s extremely high growth is likely due to University of Phoenix. Florida’s employment growth was also quite high at 95%.
• States with the highest per capita employment in private institutions are Washington, D.C. (at nearly 5 times the concentration of a typical state), Massachusetts (3.34), Rhode Island (2.86), Pennsylvania (2.47), New York (2. 30), Vermont (2.12) and New Hampshire (2.06).
  
• Massachusetts, Connecticut, and Maryland have the highest pay. All average over $60,000 per year. For public institutions, D.C. was the leader in pay.
• Missouri was the only state to see employment decline at private institutions since 2001. Every other state showed growth.

See the table below for full details.

CONCLUSIONS

So despite complaints of trimmed budgets colleges and universities, public and private, continue to add employees to the payroll. Eastern states have the highest concentration and pay, but the western states seem to be growing at a quicker pace. If you would like to explore this data further, let us know.

The data and analysis for this post comes from EMSI’s 2012.1 data release and Analyst, a web-based tool we built for exploring labor market information.

If you would like to learn more, please contact us. Find out more about EMSI and our data here. You can reach us via Twitter @DesktopEcon or by emailing Rob Sentz (rob@economicmodeling.com).

To display the data we will use Analyst, EMSI’s labor market data tool. We will look at all jobs for public colleges and universities classified under state and local government from 2001-2012.

GROWTH TREND

From 2001-2012 (note 2012 is still a projection) employment at public colleges and universities increased by 12.8% or nearly 360,000 jobs. As of 2011, colleges and universities accounted for an estimated 3.1 million jobs, and this figure is expected to grow by 40,000 by the end of 2012. For the sake of comparison, private colleges and universities have 1.2 million jobs right now – more about this in the next post.

EMPLOYMENT BY OCCUPATION

So what jobs are we actually talking about here? The main occupations staffed by colleges and universities are:

• Teachers/professors – 22.5% of the total industry or nearly 700,000 workers
• Office clerks – nearly 10% of the total industry or 300,000 workers
• Secretaries and executive secretaries – just over 9% of the total sector or 430,00 workers
• Janitors – 4.4% or 137,000 workers

Let us know if you are interested in the full staffing pattern.

EMPLOYMENT BY STATE

The table below provides a closer look at how employment plays out by state. Here is a summary of the big points:

• California employs the most public college/university workers (about 390,000). Texas is second with 276,000.
• The states with the most employment growth (greater than 30% from 2001-2012) were Wyoming, North Dakota, Connecticut, Montana, Kentucky,  New Hampshire, Virginia, Alaska, Arkansas, and Vermont.
• The states with the highest per capita employment for public colleges and universities are New Mexico (at nearly twice the typical concentration) followed by Montana, Wyoming, North Dakota, Oklahoma, Oregon, Arizona, Washington, and Utah. Lots of western states here.
• In terms of industry earnings, Washington, D.C. has the highest wages. As you look at wages, keep in mind that a lot of lower-skill jobs are being factored in to the analysis.
• Only three states experienced overall employment decline from 2001-2012 — Florida (-10%), Oklahoma (-9%), and Iowa (-5%).

CONCLUSION

So employment growth at public colleges and universities seems quite stable, even during a down economy. Note how the growth chart didn’t fade from 2008-2010. In our next post we will compare the growth to private colleges and universities.

Find out more about EMSI and our data here. You can reach us via Twitter @DesktopEcon or by emailing Rob Sentz (rob@economicmodeling.com).

On of the key things you should note is the insight Brian provides relative to the debate about manufacturing’s domestic skills shortage. He also includes Stacy Wagner’s interesting post, which can be seen over at MEP. Basically, do we really have a skills gap or is it that employers just aren’t willing to pay market value for quality workers (and thus the workers decide to find employment in other sectors)? Here is an excerpt:

Thanks to my friends at EMSI, I was able to have this conversation with about 1,000 experts at the National Association of Workforce Development Professionals annual conference on Monday, where I did the opening keynote. We looked at job postings for skilled trades as a way to measure the shortage, compared wages for production work to wages in other types of occupations that could be competing for the same employees, and learned that workers in the skilled trades are generally older than the workforce as a whole. If the skills shortage is debatable today, it likely won’t be at some point in the future.

Regarding Brian’s last point on aging workers in the skilled trades, he produced this chart using EMSI’s workforce demographic data for Texas. You can access his full NAWDP presentation here.

• The system, composed of 13 colleges, has a $3 billion impact — each year.
• Students see a 11% annual return on their investment.
• Taxpayers receive a $1.70 return for every dollar spent.

One of Denver’s news channels picked up the story, which you can watch here:

Here is an excerpt that mentions the key results:

The results show that the community college system serves 162,000 students statewide. If you look at the value of what they produce after leaving school and the increased output of businesses due to a highly-trained workforce, the impact every year is more than $3.01 billion, according to the study.

“To put that in perspective, that would be equal to creating almost 56,000 jobs at today’s average annual salaries,” McCallin said.

The study shows that out of the $107 million allocated to community colleges by the state, taxpayers get a return of about $1.70 for every dollar spent.

The Denver Post also wrote about the study. Here is an excerpt:

McCallin said the $3 billion figure may be conservative because the impact of students who transfer from community colleges to four-year institutions wasn’t included. That was also true of students who don’t get degree credits for the classes they take at the schools.

If you would like to learn more about these studies, please contact us. Find out more about EMSI and our data here. You can reach us via Twitter @DesktopEcon or by emailing Rob Sentz (rob@economicmodeling.com).