New Economy
- Increase by 50,000 the number of employed workers
with college experience and
- Create 50,000 high-paid, high-skill jobs that require
two-years post-secondary education within four years
Levels of education for Iowa's employed population
Employed workers with post-secondary experience
Jobs requiring a postsecondary education
and paying at least $32,000 per year
Vision Iowa and Community Attraction & Tourism
Program
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MEASURE:
Educated workers earn more.
Data Source: Current Population Survey Data, Iowa
Workforce Development, Labor
Market and Economic Research
Bureau |
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Why
this is important:
Jobs requiring some college generally offer a
higher salary. This is true for four-year college
and advanced degrees, but post-high school education
for technical careers also results in higher
earnings than for those with a high school education
or less.
What we're doing about this:
We are aligning our educational system with the
demands of the business community and we have
used the Iowa Values Fund to encourage the growth
of high paying jobs. |
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MEASURE:
Iowa's college educated workers.
Data Source: Current Population Survey Data, Iowa
Workforce Development, Labor
Market & Economic
Research Bureau
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Why
this is important:
It shows us how we are doing in providing Iowans
the education they need to get good jobs, and in meeting the needs
of firms that pay good wages and contribute most to improving the
overall economy. In broad terms, it tells us how well our education
systems are aligned with the needs of Iowa workers and the economy.
What we're doing about this:
We are providing post-secondary education and training to unemployed and dislocated workers, high school graduates and other people entering or already in the labor force. We are also recruiting new employees from outside Iowa, particularly among college-educated former Iowans and, within Iowa, from underutilized populations.
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MEASURE:
More good jobs require postsecondary education.
Data Source: Labor Market
and Economic Research Bureau,
Iowa Workforce Development
NOTE: The methodology to measure this goal changed
in CY2003 to account for updates in training levels
assigned to occupations. Calendar years 2000-2002
will be revised to the new methodology within the
first quarter of CY2006.
Updated
10/04/06 |
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Why
this is important:
This measure tells us the number of jobs in Iowa that require
some postsecondary education and pay a good wage. It is
also an indicator of how well the state is meeting the
skill needs of businesses that pay good wages. The measure
tells us if the number of jobs that pay well and require
higher education are growing or not.
What we're doing about this:
We implemented the Iowa Values Fund to increase state marketing,
business financial assistance, university research and
other activities to encourage the growth of firms in the
high wage, high-skill industry clusters of life sciences,
information solutions, and advanced manufacturing.
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MEASURE:
Vision Iowa
Data Source: Iowa Department of Economic Development
Updated 11/16/06 |
Vision Iowa Program
Since 2002, Vision Iowa has
awarded $210.6 million
for 11 projects, leveraging
total expenditures of nearly
$2 billion.
Community Attraction and Tourism Program
Since 2000, Community Attraction
and Tourism Program has
awarded $80.3
million for 249 projects, leveraging total expenditures of $613 million.
Click to enlarge.
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Why
this is important:
The Vision Iowa Program and the Community Attraction and
Tourism (CAT) Program provide financial incentives to communities
for the construction of recreational, cultural, educational
or entertainment facilities that enhance the quality of
life in Iowa.
What we're doing about this:
Examples of projects range from the Wells Fargo Arena
in Des Moines and the America's River complex in Dubuque,
under Vision Iowa, to many smaller projects under the CAT
program, like the Olson Cultural Events Center in Le Mars,
and the Matchstick Museum in Grundy Center. As of November
2006, eleven (11) Vision Iowa and 249 CAT program awards
have been made in 190 communities. Program awards total
$291 million and the projects have leveraged about $2.5
billion in local investment.
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