These two industries also account for FIGURE 3 the majority of STEM jobs in the region: manufacturing for 16.1 percent of jobs, and healthcare for 36.8 percent. Moreover, they represent Dow Chemical 5,300 many of the region’s largest employers, including 7 employers with more than (including Hemlock Dow Corning 4,461 2,000 employees (see Figure 3). Semiconductor) 4,200 Within these key industries, GLBR Nexteer Automotive employs STEM talent at a higher rate than the rest of 4,129 the country. Location quotient analysis is a measure of how concentrated a Covenant Healthcare particular occupation is in a region compared to the manufacturingandhealthcare. Theoccupations in Figure 4 represent the most in-demand STEM occupations in the GLBR, compared FIGURE 4 to the national average. GLBR Top STEM Occupations by Concentration Projected future growth of STEM jobs 2.17 of 14 percent Not only does the GLBR currently rely National and nine Average heavily on STEM talent, but economic 1.0 percent, forecasts also project an even more 2.07 STEM- dependent economy in the future. Both the Bureau of Labor Location Quotient Statistics (BLS) and Bureau of 1.89 Economic Analysis (BEA) say that STEM occupations will fuel future job growth in the region. Indeed, between / 2014 and 2020, nearly all STEM 1.39 1.75 1.7 occupations in the region are expected to see growth, with healthcare and Occupational Promising economic prospects Welder/ for STEM industries and jobs CNC STEM industries, especially Manufacturing manufacturing, Physical Therapy Speech Language In a have strong potential to fuel economic can growth through higher job growth, the employment, wages, patenting and most have standard exports16. Industries that offer a high been living in percentage of STEM jobs often show region indirectly create additional jobs and to of through generate GDP beyond their industry.17
These two industries also account for the majority of STEM jobs in the region: manufacturing for 16.1 percent of jobs, and healthcare for 36.8 percent. Moreover, they represent many of the region’s largest employers, including 7 employers with more than 2,000 employees (see Figure 3). Within these key industries, GLBR employs FIGURE 3 Dow Chemical Dow Corning (including Hemlock Semiconductor) Nexteer Automotive 5,300 4,461 4,200 STEM talent at a higher rate than the rest of the country. Location quotient analysis is a measure of how concentrated a particular occupation is in a region compared to the Covenant Healthcare 4,129 manufacturingandhealthcare. Theoccupations in Figure 4 represent the most in-demand STEM occupations in the GLBR, compared to the national average. Projected future growth of STEM jobs FIGURE 4 GLBR Top STEM Occupations by Concentration 2.17 Not only does the GLBR currently rely heavily on STEM talent, but economic forecasts also project an even more STEM- dependent economy in the future. Both the Bureau of Labor Statistics (BLS) and Bureau of Economic Analysis (BEA) say that STEM occupations will fuel future job growth in the region. Indeed, between 2014 and 2020, nearly all STEM occupations in the region are expected to see growth, with healthcare and of 14 percent and nine percent, National Average 1.0 2.07 1.89 1.75 1.7 Location Quotient 1.39 Promising economic prospects for STEM industries and jobs STEM industries, especially manufacturing, CNC Occupational Physical Therapy Speech Language Manufacturing Welder/ have strong potential to fuel economic growth through higher job growth, employment, wages, patenting and exports16. Industries that offer a high percentage of STEM jobs often indirectly create additional jobs and generate GDP beyond their industry.17 In most have been to a of can the standard living in region through show /