Jobs And Economic Development2011

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This was a presentation to the North Charleston Youth Citizenship Academy. Other topics included voting responsibilities, dress for success, healthy eating, and other civic topics

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  • Take away one thing today and that is the relationship between your education and your income plus success in getting/keeping a job Graph from Bureau of Labor Statistics on April 2007 Salary by Educational Level Unemployment Rate by Education Level
  • Jobs And Economic Development2011

    1. 1. Jobs and Economic Development Why Should I Care About Them? Presentation by Gary Crossley to the Youth Citizenship Academy on Friday, June 17, 2011 2Work www.LovetoWork.org
    2. 2. Outline <ul><li>Why Should You Be Concerned With Your Local, Regional, State, National, or World Economy and Economic Development? </li></ul>
    3. 3. Education Pays
    4. 4. Economic Concepts <ul><li>Unemployment Rate </li></ul><ul><li>Inflation </li></ul><ul><li>Supply and Demand </li></ul><ul><li>Interest Rates </li></ul><ul><li>Wage Levels </li></ul><ul><li>Downturns, Recessions, Depressions </li></ul><ul><li>All Economies Are Not Created Equal </li></ul>
    5. 5. Recessions
    6. 6. Recession or a 3-D Depression? <ul><li>Depth – How high will the unemployment rate go? </li></ul><ul><ul><li>U.S. 9.1%May vs. 5.0% in 2007 </li></ul></ul><ul><ul><li>S.C. 9.8%April vs. 6.2% in 2008 </li></ul></ul><ul><ul><li>Charleston 8.1% compared to 5.0% in 2007 </li></ul></ul><ul><li>Duration – How long will the downturn last? </li></ul><ul><li>Dispersion – How many industries are impacted? </li></ul>
    7. 7. Recession or Depression
    8. 8. Recession or Depression
    9. 9. Recession or Depression <ul><li>Depth – How high will the unemployment rate go? </li></ul><ul><ul><li>U.S. 9.8% vs. 5.0% last year </li></ul></ul><ul><ul><li>S.C. 11.5% vs. 6.2% in 2008 </li></ul></ul><ul><ul><li>Charleston 8.9% compared to 5.0% </li></ul></ul><ul><li>Duration – How long will the downturn last? </li></ul><ul><li>Dispersion </li></ul>
    10. 10. Economic Development <ul><li>Location, Location, Location </li></ul><ul><li>Worker Skills/Education Opportunity </li></ul><ul><li>Wages </li></ul><ul><li>Natural Resources </li></ul><ul><li>Quality of Life </li></ul><ul><li>Business Climate/Regulation </li></ul>
    11. 11. Choosing a Career ASAP <ul><li>Assessment, what are your interests? </li></ul><ul><li>Skills, how can I improve my skills to get the best job for me? </li></ul><ul><li>Analysis, reviewing information to make the best decision for my situation </li></ul><ul><li>Preparation, doing what is needed </li></ul><ul><li>Just Do It! </li></ul>
    12. 12. Homework Assignment <ul><li>Read the Business Section of the Newspaper or Business Magazine </li></ul><ul><li>Notice Your Environment and Business Landscape (Closing & Openings) </li></ul><ul><li>Think about What you Enjoy Doing </li></ul><ul><li>Take an Interest Inventory at School (SCOIS or Kuder) </li></ul><ul><li>Improve your Basic Skills (School Subjects/3Rs, WorkKeys) </li></ul>
    13. 13. Presentation Summary <ul><li>Know What and How Your Area Economy is Doing </li></ul><ul><li>Position Yourself to be in Sound Financial Shape During All Economic Seasons </li></ul><ul><li>Work on Your Basic Skills because Education Pays! </li></ul><ul><li>Find an Occupation that You are Passionate About and Do it Well </li></ul><ul><li>Care for Others, Your Family, Your Community, and Yourself </li></ul>
    14. 14. Questions? <ul><li>Gary Crossley, GCDF </li></ul><ul><li>LovetoWork.org, LLC </li></ul><ul><li>[email_address] </li></ul>2Work www.LovetoWork.org
    15. 15. What – Me Worry? <ul><li>Not about jobs or economic development! </li></ul>

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