Archive for November, 2008

ACCT: Two-year colleges should spotlight economic ties

November 25th, 2008 | Filed under Education, Featured, Page Content

The Association of Community College Trustees (ACCT), a longtime partner of EMSI, recently touted the need for two-year colleges to stress how they are economic drivers in their communities and regions. Below is an excerpt from a Community College Times article published this week:
ACCT President and CEO J. Noah Brown encouraged trustees and presidents to [...]

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EMSI study reveals Virginia community college has $241M annual impact

November 25th, 2008 | Filed under Case Studies, EMSI News, Education, Page Content

A new impact study completed by EMSI shows that Germanna Community College in Virginia contributes $241.2 million every year to the regional economy. The college has three locations — Culpeper, Fredericksburg, and Locust Grove — and its impact is 2.1 percent of the area’s total annual income.

President David Sam presented the findings of [...]

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CBS News highlights economic revitalization in Newton, IA

November 25th, 2008 | Filed under EMSI News, Economic Development, Featured, In the Media, Page Content

In the span of two years, Newton, Iowa, has reinvented itself after the loss of Maytag’s corporate and manufacturing headquarters.  As a result, it has received national attention and serves as a textbook example of how small and rural communities can survive even the most devastating job loss.
Watch the video here.
EMSI contributed to the project [...]

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Article emphasizes important role of community colleges in American higher education

November 20th, 2008 | Filed under Education, Featured, Page Content

This week the Washington Post published an article reinforcing the critical role that community colleges play as an ideal avenue for job retraining. With unemployment at a 14-year high, enrollment at two-year colleges has increased 8 percent this fall, according to one group’s estimate cited in the piece.
While the United States has one of the [...]

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Iowa town reshapes its economy with data-focused plan, partnerships

November 12th, 2008 | Filed under Case Studies, EMSI News, Economic Development, Featured, Page Content

For more than a century, the economy of Newton, Iowa, has depended on the presence of Maytag. But when the manufacturer was swallowed up by Whirlpool, which promptly closed the Newton plant, regional leaders had to develop a new revitalization and economic development strategy from scratch. The result has been the creation of 1,200 new [...]

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EMSI report shows huge impact of England’s FE colleges

November 12th, 2008 | Filed under Case Studies, EMSI News, Education, Page Content, UK

A recent socioeconomic report by EMSI on England’s further education colleges has revealed that “the millions of students who have been through the nation’s colleges since 1993 collectively left the economy £28 billion richer last year.”
For every pound invested by government in colleges, the taxpayer sees a return on investment of £1.70, according to an [...]

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EMSI Launches Strategic Advantage in Great Britain

November 11th, 2008 | Filed under UK

On 13 November 2008, EMSI will officially launch its highly successful web-based analysis tool, Strategic Advantage, in Great Britain. The tool offers an unprecedented level of access to economic, labour market, and demographic data for England, Scotland, and Wales.
While Strategic Advantage will be initially promoted for use by further education (FE) colleges to create more [...]

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EMSI study: Connecticut community colleges have nearly $5B annual impact

November 10th, 2008 | Filed under Case Studies, EMSI News, Education, Page Content

A recent EMSI impact study has concluded that Connecticut community colleges have a roughly $5 billion impact every year on the state’s economy.
State government receives returns from its community college support “in the form of increased tax revenue and savings associated with avoided social costs.” Every $1 in taxes invested today in the Connecticut Community [...]

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Jobless rate rockets to 14-year high; here’s how EMSI can help

November 7th, 2008 | Filed under EMSI News, Featured, Page Content, Workforce Development

The Labor Department announced today that the nation’s unemployment rate hit a 14-year high in October at 6.5 percent, accounting for 240,000 lost jobs. More details can be found here and here.
This news is no doubt grim, but EMSI offers a range of services to assist workforce, economic and education professionals locate new areas of [...]

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Data Spotlight: The housing boom and bust in labor market data

November 3rd, 2008 | Filed under EMSI Data Spotlight, EMSI News

What a difference a year can make. In that time we’ve seen America’s housing boom rapidly turn into a bust, with associated fallout on Wall Street and Main Street alike. Although there are many ways to measure and visualize the changes that have occurred in the past year, the labor market in the construction and [...]

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