If you’re on the verge of losing an employer in your region, and you think something can be done about it, how do you make your argument? Sometimes even something as tangible as “We’re going to lose 150 jobs” doesn’t hit home. But if you know that you’re about to lose an employer in your region, and you plug that job loss number into Analyst 3’s Input/Output tool, you might be able to demonstrate that those 150 jobs lost will result in an additional 227 jobs lost. Further, in your region it may be the case that all 377 jobs represent a total of $24M in vanished earnings. That could make a much more convincing cost/benefit case for regional stakeholders.
Doing this in Analyst 3 is pretty easy. The following video walks you through the process, step by step.
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