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The Future of
Central Pennsylvania
 Business & Industry
  Central Pennsylvania Regional Career Fair
                          State College, PA
                             April 22, 2009

             Rose M. Baker & David L. Passmore
               Penn State Workforce Education
                      & Development Initiative
Slides from this
                                                             presentation

                                                             Links to reports for
                                                             Blair, Centre, Clinton
                                                             , Huntingdon, Juniat
                                                             a, & Mifflin counties

                                                             Links to government
                                                             & regional web sites

                                                             Links to our work




Background information about counties and all slides in this presentation
Population

                                                          • 421,304 in 2008

                                                          • 422,424 in 2012


                                                          • Lower concentration
                                                            <55 years old

                                                          • Higher concentration
                                                            ≥55 years old




Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
Employment

                                                          • 262,512 in 2008

                                                          • 270,937 in 2012


                                                          • Losses in manufacturing
                                                            & utilities

                                                          • Large % gains in real
                                                            estate & in educational
                                                            services



Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
Migration in 2006

                                                          • 2.56% in-migrants

                                                          • 2.53% out–migrants


                                                          • 20% of in–migrants from
                                                            foreign locations

                                                          • 10,800 in & 10,600 out




Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
Patents in 2007

                                                          • 3.73 per 10,000 in region

                                                          • 6.06 per 10,000 in state

                                                          • 7.88 per 10,000 in nation




Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
Contributions to state
                                                         economy in 2007
                                                          • 0.09 % of gross state
                                                            product

                                                          • 0.08% of profits

                                                          • 0.1% of earnings

                                                          • 0.08% of taxes




Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
Competitiveness


                             Education & Training


                                      Innovation


Three factors affecting the vitality of the economy of Central Pennsylvania
Competitiveness


                           Education & Training


                                    Innovation


Based on national, industry, & regional employment changes
Regional
                        National             Regional
  National
                                                             Employment
                        Industry            Competitive
   Effect                                     Effect
                          Effect                               Change




Based on national, industry, & regional employment changes
From 2008 through 2012


                                       Regional
                                                     8,425
 National =             Industry =    Competitive
                                          =
 +16,653                –2,129                      job increase
                                       –6,103




Forecasted for Central Pennsylvania
Highest

                                                          •
                                                              Education, agricult
                                                              ure, & some
                                                              services
                                                        Lowest

                                                          •
                                                              Government, manufa
                                                              cturing, retail trade, &
                                                              health care




Major industries in Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
Lower use of labor
                                                         than nation and
                                                         region for every
                                                         dollar of product &
                                                         service sold


     Consider what
     “competitiveness”
                   
     means




In Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
Highest

                                                          •
                                                              Education, agricult
                                                              ure, & some
                                                              services
                                                        Lowest

                                                          •
                                                              Government, manufa
                                                              cturing, retail trade, &
                                                              health care




Major industries in Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
Competitiveness


                            Education & Training
                                 Required


                            Innovation Economy



For job openings created by growth and change and by the need to replace workers
who die, retire, or otherwise leave their occupations in Central Pennsylvania
For job openings created by growth and change and by the need to replace workers
who die, retire, or otherwise leave their occupations in Central Pennsylvania
Competitiveness


Education & Training
     Required


Innovation Economy
Based on work of Richard Florida, author of The Rise of the Creative Class
Dynamic competitive environment which

    emphasizes
    ◦ Flexibility
    ◦ Adaptability
    ◦ Capacity to add value through intangible assets
  Knowledge workers and their talents become key

  economic differentiators
 Choices for employment are not bounded by
  traditional location/geographic characteristics
The Future of
Central Pennsylvania
 Business & Industry
  Central Pennsylvania Regional Career Fair
                          State College, PA
                             April 22, 2009

             Rose M. Baker & David L. Passmore
               Penn State Workforce Education
                      & Development Initiative

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Centre County Future

  • 1. The Future of Central Pennsylvania Business & Industry Central Pennsylvania Regional Career Fair State College, PA April 22, 2009 Rose M. Baker & David L. Passmore Penn State Workforce Education & Development Initiative
  • 2. Slides from this presentation Links to reports for Blair, Centre, Clinton , Huntingdon, Juniat a, & Mifflin counties Links to government & regional web sites Links to our work Background information about counties and all slides in this presentation
  • 3. Population • 421,304 in 2008 • 422,424 in 2012 • Lower concentration <55 years old • Higher concentration ≥55 years old Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
  • 4. Employment • 262,512 in 2008 • 270,937 in 2012 • Losses in manufacturing & utilities • Large % gains in real estate & in educational services Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
  • 5. Migration in 2006 • 2.56% in-migrants • 2.53% out–migrants • 20% of in–migrants from foreign locations • 10,800 in & 10,600 out Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
  • 6. Patents in 2007 • 3.73 per 10,000 in region • 6.06 per 10,000 in state • 7.88 per 10,000 in nation Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
  • 7. Contributions to state economy in 2007 • 0.09 % of gross state product • 0.08% of profits • 0.1% of earnings • 0.08% of taxes Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
  • 8. Competitiveness Education & Training Innovation Three factors affecting the vitality of the economy of Central Pennsylvania
  • 9. Competitiveness Education & Training Innovation Based on national, industry, & regional employment changes
  • 10. Regional National Regional National Employment Industry Competitive Effect Effect Effect Change Based on national, industry, & regional employment changes
  • 11. From 2008 through 2012 Regional 8,425 National = Industry = Competitive = +16,653 –2,129 job increase –6,103 Forecasted for Central Pennsylvania
  • 12. Highest • Education, agricult ure, & some services Lowest • Government, manufa cturing, retail trade, & health care Major industries in Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
  • 13. Lower use of labor than nation and region for every dollar of product & service sold Consider what “competitiveness”  means In Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
  • 14. Highest • Education, agricult ure, & some services Lowest • Government, manufa cturing, retail trade, & health care Major industries in Blair, Centre, Clinton, Huntingdon, Juniata, & Mifflin counties
  • 15. Competitiveness Education & Training Required Innovation Economy For job openings created by growth and change and by the need to replace workers who die, retire, or otherwise leave their occupations in Central Pennsylvania
  • 16. For job openings created by growth and change and by the need to replace workers who die, retire, or otherwise leave their occupations in Central Pennsylvania
  • 17. Competitiveness Education & Training Required Innovation Economy
  • 18.
  • 19. Based on work of Richard Florida, author of The Rise of the Creative Class
  • 20. Dynamic competitive environment which  emphasizes ◦ Flexibility ◦ Adaptability ◦ Capacity to add value through intangible assets Knowledge workers and their talents become key  economic differentiators  Choices for employment are not bounded by traditional location/geographic characteristics
  • 21. The Future of Central Pennsylvania Business & Industry Central Pennsylvania Regional Career Fair State College, PA April 22, 2009 Rose M. Baker & David L. Passmore Penn State Workforce Education & Development Initiative