Presented by:Deidre D. Myers

Policy, Research & Economic Analysis

Oklahoma’s Ecosystems:Accelerating the Growth of the

State’s Economic Prosperity

Goals

Prioritize Resources Align Policies Maximize Outcomes Require

Accountability

Methodology

Wealth Generation

Competitive Advantage

Growth Potential

Sales RevenueExport ShareWages

Location QuotientPhysical Assets

Workforce

New MarketsIndustry TrendsNumber of Establishments

Process

Step 5. Tested conclusions against macro economic data

Step 4. Aggregated findings to ecosystems that share economic characteristics

Step 3. Analyzed qualitative data including OK’s physical assets, R&D expertise and workforce strengths

Step 2. Identified those industries that ranked highest in each and all of the 3 categories

Step 1. Analyzed quantitative variables for wealth generation, growth potential and competitive advantage for 669 industries

Outcome

669 Industries72 variables48,168 data points

Wealth Generation

Growth Potential

Competitive

Advantage

ECOSYSTEMS: The economic drivers of OK

Ecosystems

Aerospace & Defense

Parts & Components

Manufacturing

Maintenance, Repair & Overhaul

Unmanned Aerial Systems

Military Related Research &

Development

Energy

Machinery Manufacturing

Compressed Natural Gas

Vehicles

Distribution

Engineering Services

Agriculture & Biosciences

Food Manufacturing

Commodity Production & Distribution

Fertilizer Manufacturing

Research & Development in Ag Biosciences

Information & Financial Services

Data Centers

Banking

Cyber Security

Computer Systems

Transportation & Distribution

Air, Rail, Water & Pipeline

Transportation

Transportation Equipment

Manufacturing

Warehousing & Storage

Wholesale Brokers

The specific industries listed under the ecosystems are neither comprehensive nor exclusive. They are only examples to demonstrate a diversity of activities. The number of individual industries included among the 5 ecosystems actually number over 200.

Vital Complementary Systems

Oklahoma’s Ecosystems

Infrastructure• Construction

Quality of Life• Health & Biosciences• Tourism & Recreation

Skills, Knowledge, & Abilities

• Education• Creative Industries

Regional & Micro Systems

State

Metro Stat Areas

OKC

Tulsa

Lawton

Multi County Regions

SCORE

NWOA

Southern WIB

Cities

Enid

Muskogee

Ardmore

Policies

Business Start-Up, Retention, Expansion & Recruitment

Workforce (STEM)

Incentives

Regulations

Infrastructure

County Unemployment Rates

OK’s Educational Gap for New Jobs

New Jobs defined as those jobs projected to be created between 2010 and 2020.Source: 2010 ACS; EMSI Complete Employment - 2011.4

2010 OK Educa-tional Attainment

OK New Jobs' Requirements

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

45.8

22.9

31.3

48.9

15.4

23.7

7.5

4.5

High School Degree and less Some college/Vocational/Associate's Degree Bachelor's DegreePost Bachelor's Degree

Unemployment Rates by Cohort

White, A

ge 16-19

White, A

ge 20+

Black, Age 16-19

Black, Age 20+

Hispanic,

Age 16-19

Hispanic,

Age 20+

Male, Age 16-19

Male, Age 20+

Female, A

ge 16-19

Female, A

ge 20+

Less

than High School

High School

Associa

tes and Certi

ficate

Bachelor's

and Higher -

5.0

10.0

15.0

20.0

25.0

30.0

35.0

Note: Data are from BLS, CPS Rolling 12 month average which measures the Unemployment Rate of those who have actively searched for work over the preceding 4 weeks. For example, not all 16-19 year olds are included in the calculation, only those who are actively pursuing employment.

Critical Workforce for the Ecosystems

OK’s Current Capacity

• Occupational mix effect

• Location quotient Expected

Growth• Net new jobs• Openings

National Demand

• Job growth• National wage

rates

Industry Demand

• Net employed in group

• % of staffing

Wealth Generation

• State wages• National

difference

Educational Requirements

10

26

5

112

33

13

OK Ecosystems’ 100 Critical Occupations by Attainment

Associate's Degree

Bachelor's Degree

Advanced Degree

Vocational Award

Short-term OJT

Moderate-term OJT

Long-term OJT

Classification

Transportation & Material Moving

Production

Installation, Maintenance & Repair

Construction & Extraction

Healthcare & Technical

Life, Physical & Social Science

Engineering

Computer & Math

Business & Finance

Management

0 5 10 15 20 25 30 35

100 Critical Occupations by Major Grouping

41 STEM Intense

13 STEM Related

NOTE: STEM (Science, Technology, Engineering & Mathematics) qualification defined by the Georgetown University Center for Education & Workforce

Happening Now & Next Steps

Complete College America “OneOklahoma” A Strategic Plan for Science &

Technology in Oklahoma, 2012 www.OKJobsMatch.com Career Pathways Project Lead the Way Regional Analyses

Regional Process

Modify State Process to 6-digit NAICS

Change Economic Relationships

Identify and Vet Data

Aggregate to Geographic Area

Test Conclusions

Regional ConsiderationsGranularity exposes federal data inconsistencies and suppression

Margin of error increases

Regional diversity amplifies outliers

Arbitrary geographic boundaries suppress market relationships

Export considerations differ from state

Southern WIB Ecosystems(Initial Analysis)

Energy

Refineries

Machinery & Equipment

Manufacturing

Oil and Gas Support Activities

Agriculture & Biosciences

Animal & Crop Production

Forestry and Wood Product

Manufacturing

Research & Development in Ag

Biosciences

Transportation

Transportation Equipment

Manufacturing

Tire Manufacturing

Freight Trucking

Distribution

Warehousing & Storage

Wholesale Brokers

Electrical & Oil/Gas

Tourism

Casinos/ Casino Hotels

Accommodations

Recreation Activities

The specific industries listed under the ecosystems are neither comprehensive nor exclusive. They are only examples to demonstrate a diversity of activities.

For more information:www.okcommerce.gov/data

Email: deidre_myers@okcommerce.govTwitter: @deidredmyers