Economic Development Data Sources

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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.

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Tools and Resources for Workforce Planning and Regional Economic Development

Meredith AndersonCareerOneStop Information ArchitectSeptember 24, 2008

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

The Competition

Where is Borup, Minnesota?

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?

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

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

WIA Quarterly Workforce Indicators

Metro Quarterly Workforce Indicators

Labor Shed: Where Workers Live

15 Mile Radius Labor Shed

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

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

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

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

Meredith Anderson

Meredith.Anderson@state.mn.us

www.PositivelyMinnesota.com

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