Joint Select Committee on Maines Workforce & Economic Future - - PowerPoint PPT Presentation

▶

Sep 26, 2023 221 likes •327 views

Joint Select Committee on Maines Workforce & Economic Future Robert P. Clark Executive Director Northern Maine Development Commission February 4, 2013 APP Private Education - UMPI Investors - UMFK - NMCC The Small Business

SLIDE 1

Joint Select Committee on Maine’s Workforce & Economic Future

Robert P. Clark Executive Director Northern Maine Development Commission February 4, 2013

SLIDE 2

A Private/Public PARTNERSHIP Team Of Investors, Educators, Developers, & LEADers Committed To Economic Growth in Northern Maine Education

UMPI
UMFK
NMCC

Private Investors

The Small Business Advocacy Arm

APP

SLIDE 3

The Sense Of Urgency!

Aroostook County Population - 1960 - 2008

2010 Census

71,870

2000 Census

73,938

APP Formed

SLIDE 4

1990 86,936 2000 73,938 2010 71,870 70,000 72,000 74,000 76,000 78,000 80,000 82,000 84,000 86,000 88,000 90,000 Population

42% 34% 29%

The Real Sense of Urgency

Aroostook County Population/Workforce

Percentage of 18-44 year old population

Under 30 % unsustainable

Will NOT Sustain Current Business Levels!

SLIDE 5

Website established:
> 1800 Jobs projected over the next 5 years!
> 625 in Healthcare
> 350 in Manufacturing
> 200 in Social Services
> 165 in Media/Communications
> 165 in Retail
> 90 in Insurance & Finance
> 75 in Transportation
> 55 in Energy
> 55 in Forestry
> 35 in Education

Aroostook Jobs Projection

www.appme.org/jobs/main.html

THERE ARE Jobs In Aroostook County!

SLIDE 6

Northern Maine Region Baseline 2007 2015 Target 2010 2017 Population 72,047 75,000 71,870 75000 Employable Population (16 and older) 60,716 62,500 59,360 62500 Labor Participation Rate 54.5% 57.5% 58% 60% Total Employable (workforce line 3 x line 2) 33,142 35,938 34,429 37500 Total Jobs (Wage & Salary Jobs BEA CA30 line 240) 41,484 44,800 39,256 42,250 Average Wage $29,167 $38,000 $32,772 $37,169 Total Region Wages $1.0B $1.365B $1.28B $1.44B Per Capita Income $28,693 $35,289 $31,153 $35,000 Regional GDP $2.55B $2.8B $3.28B $3.64B Internet Subscribers 21,614 37,500 ? ? Bachelors Degrees or higher 25 & Over 8,287 11,500 8,903* **TBD Regional Specific Goals Baseline 2007 2015 Target 18-44 population 29% 32% New Business Startups (Not Available) TBD ? MDOL Tracking? Healthcare % Private Payer 27.7% 27.7% 26% 27.7% Associate Degrees 25 & Over 3,449 4,607* **TBD

N Northern Maine 2017 Regional TARGETs

* ACS, 1 year Estimate ** In Progress

SLIDE 7

>350 Jobs Projected In Aroostook Over Next 5 Yrs
Several metal manufacturers growing & expanding
Louisiana Pacific growing - 100 new jobs!
Evergreen Manufacturing growing – 74 new jobs!
Chand-Eisenmann growing – 10 - 20 new jobs!
Smith & Wesson expanding production space
Bison Pumps now global & growing
Housing Market new-start trends showing progress

– will help Huber, LP, Maine Woods & Moosewood

Potential for Biomass Manufacturing (Torrefied Wood)

Summary: Manufacturing appears to have great potential, excellent job growth and momentum over next 5 years in Aroostook County

Manufacturing

SLIDE 8

JIAC Example

Jobs and Innovation Accelerator Challenge

– One of 20 Awards Nationwide ($2 million) – Funded by EDA, USDOL ETA and SBA

EDA – Renewable Energy Cluster & Economy
ETA – Training 40 Engineering Students ( Techs, Mgrs)
SBA – Counseling to R/E Related Businesses

– Expanding the R/E Cluster to Washington County – Developing a Venture Development Organization – Linking Workforce and Economic Development

SLIDE 9

Suggestions

WorkReady – Resides in DOE , Never Funded
Maine Workforce & Economic Development

Alliance

CEDS for Workforce & Economic Development
Mobilize Maine Initiative
Maine Rural Development Authority