Delgado Comprehensive Economic Analysis
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Transcript of Delgado Comprehensive Economic Analysis
Delgado Community College
supports economic growth in
metropolitan New Orleans by
training the skilled workforce our
industries depend on to deliver
quality products and services.
c o M P R e h e n S i V ee c o n o M i c a n a l Y S i S
inSTiTuTional iMPacT
Delgado Community College generates significant economic activity in the New Orleans area.
Through the wages and salaries of its faculty and staff, purchases from local vendors, capital improvements and discretionary spending of its students and more, Delgado contributed approximately $511 million in economic activity across the New Orleans metropolitan area in 2010. As the primary source of funding, the State of Louisiana is spending wisely when it invests in Delgado, generating over $10 in economic activity for every $1 appropriated.
The economic activity generated by Delgado continues to grow. The college has seen record enrollment in recent years. As Delgado expands, its impact deepens. Since 2008, Delgado has seen total enrollment rise by over 25%. The annual economic impact of Delgado has grown as well. As of 2010, Delgado now supports over 7,000 jobs across the New Orleans metropolitan area.
Since 2008, Delgado has seen total enrollment rise by over 25%.
The business sectors targeted by GNO Inc. represent some of the most high profile industries in the region, as well as burgeoning sectors
critical to a prosperous future. Through an analysis of data from the Bureau of Economic Analysis and the Bureau of Labor Statistics, the
contribution of each GNO Inc. sector can be quantified in terms of local residents employed and the overall contribution to the metropolitan
economy’s gross domestic product.
Law offices, accounting, management and consulting services, advertising and public relations, management services as well as more specialized scientific and technical services.
Large-scale producers and emerging niche and specialty companies that manufacture food products, process foods, and produce beverages.
Health care service providers and biosci-ence research, established hospitals and medical schools that host research centers and business development services.
Residential reconstruction , new office and retail capacity, industrial and energy infrastructure upgrades, construction of advanced levee systems, wetland regeneration and coastal restoration.
High-intensity industrial production, fabrication facilities for off-shore energy infrastructure, seafaring vessels and the NASA Michoud Assembly plant, along with an array of supporting businesses.
Component services of film and television production, as well as sound recording, advertising, and software development.
Businesses and industries surrounding the large volumes of oil and natural gas produced in the region, and the conversion of those products into valued petrochemi-cals, fuels and plastics.
Logistics and distribution businesses engaging in or supporting the movement of goods via water, rail, and highway infrastructure.
GNO INC. TARGETED& SUPPORTED SECTORS
EXAMPLES OFALIGNED DELGADO CURRICULA
FIVE YEARS OFDELGADO GRADUATES
IN HIGHLIGHTEDWORKFORCE SEGMENTSComputer & Electronics Service Technology (Degree & Certificate)
Computer Information Technology (Degree)Electrical-Electronics Engineering Technology (Degree)Electrical Technology (Certificate)Metal Arc Welding (TCA)
Computer & Electronics Service Technology (Degree & Certificate)Computer Information Technology (Degree)Computer Network Technology (Degree)Desktop Publishing (TCA)Performance and Media Arts – Concentration in TV ProductionVisual Communications-Graphic Design (Degree)Web Site Design (Certificate)
Diesel Power Technology (Degree)Electrical Technology (Certificate)Electrical-Electronics Engineering Technology (Degree)
Business & Management (Degree)Diesel Power Technology (Degree)Fire Science Technology (Certificate)Logistics Technology (Certificate)Motor Vehicle Technology (Degree & Certificate)Metal Arc Welding (TCA)
Accounting (Degree)Administrative Office Technology (Degree)American Sign Language Interpretation (Degree)Business Administration (Degree)Business & Management (Degree)Entrepreneurship (Degree)Interior Design (degree)Legal secretary (certificate)
Food & Beverage Purchasing (TCA)Food Safety & Sanitation
Architectural / Design Construction Technology (Degree)Civil Construction Technology (Degree)Computer Aided Design & Drafting (Degree & Certificate)Construction Management Technology (Degree)Horticultural Technology (Degree)Interior Design (Degree)
Diagnostic Medical Sonography (Certificate)Electrocardiography (Certificate)Emergency Medical Technician-Paramedic (Degree & Certificate)Health Information Technology (Certificate)Medical Coding (Certficiate)Nuclear Medicine Technology (Post-Associate Certificate)Nursing (Degree)Ophthalmic Medical Assistant (Degree)Pharmacy Technician (Certificate)Physical Therapist Assistant (Degree)Practical Nursing (Technical Diploma)Radiation Therapy (Post-Associate Certificate)Radiologic Technology (Degree)Safety & Health Technology (Degree & Certificate)Surgical Technology (Certificate)Veterinary Technology (Degree)
GNO INC. TARGETED& SUPPORTED SECTORS
ADVANCEDMANUFACTURING
CREATIVE MEDIA& DESIGN
ENERGY, PETROCHEMICALS &PLASTICS
TRADE,LOGISTICS &DISTRIBUTION
BUSINESS /PROFESSIONAL
FOOD PROCESSING
RECOVERY
HEALTH SERVICES /BIOTECHNOLOGY
EMPLOYMENT(2009)
GDP CONTRIBUTION(2009)
$4,549,985,793
$8,927,061,890
$1,170,120,552
$7,412,039,574
$4,324,875,041
$713,315,626
$6,279,688,262
$7,100,765,403
69,807
4,888
52,669
38,692
17,302
4,363
12,913
41,232
Hotels, restaurants, entertainment venues and other guest services supporting individuals and small businesses who seek out New Orleans as a locus of culinary and artistic activity.
Culinary Arts (Degree & Certificate)Culinary Management (Certificate)Hospitality Management (Degree & Certificate)Music (Degree)Music Business (TCA)Performance and Media Arts (Degree)Performance and Media Arts – Theatre Concentration (Degree)
TOURISM, HOSPITALITY &ENTERTAINMENT $3,937,583,55967,310
Four-year universities, medical schools, and a network of two-year colleges and technical schools are hubs of research activity, employment and business development.
American Sign Language Studies (Degree)Care and Development of Young Children (Degree & Certificate)Teaching, Grades 1-5 (Degree)
EDUCATION $1,271,106,0258,012
1,100 jobs$167 million
contribution to GDP in 2010
177 jobs$31.3 million
contribution to GDP in 2010
5,042 jobs$626.6 million
contribution to GDP in 2010
321 jobs$47.5 million
contribution to GDP in 2010
838 jobs$45.7 million
contribution to GDP in 2010
Delgado Community College prepares students for careers in high-demand industries with associate degree programs, certifications, awards
for technical training, and on the job internships. While not all graduates go on to work in the field in which they train, this analysis assumed
that recent Delgado graduates employed in the metro area work in occupations related to their field of study. Given the job vacancies in each
field recorded by the Louisiana Workforce Commission in their most recent survey, it is unlikely that qualified candidates would be forced to
find work outside of their field of study.
fiVe YeaRS of DelgaDo gRaDuaTeS in highlighTeD WoRKfoRce SegMenTS
Law offices, accounting, management and consulting services, advertising and public relations, management services as well as more specialized scientific and technical services.
Large-scale producers and emerging niche and specialty companies that manufacture food products, process foods, and produce beverages.
Health care service providers and biosci-ence research, established hospitals and medical schools that host research centers and business development services.
Residential reconstruction , new office and retail capacity, industrial and energy infrastructure upgrades, construction of advanced levee systems, wetland regeneration and coastal restoration.
High-intensity industrial production, fabrication facilities for off-shore energy infrastructure, seafaring vessels and the NASA Michoud Assembly plant, along with an array of supporting businesses.
Component services of film and television production, as well as sound recording, advertising, and software development.
Businesses and industries surrounding the large volumes of oil and natural gas produced in the region, and the conversion of those products into valued petrochemi-cals, fuels and plastics.
Logistics and distribution businesses engaging in or supporting the movement of goods via water, rail, and highway infrastructure.
GNO INC. TARGETED& SUPPORTED SECTORS
EXAMPLES OFALIGNED DELGADO CURRICULA
FIVE YEARS OFDELGADO GRADUATES
IN HIGHLIGHTEDWORKFORCE SEGMENTSComputer & Electronics Service Technology (Degree & Certificate)
Computer Information Technology (Degree)Electrical-Electronics Engineering Technology (Degree)Electrical Technology (Certificate)Metal Arc Welding (TCA)
Computer & Electronics Service Technology (Degree & Certificate)Computer Information Technology (Degree)Computer Network Technology (Degree)Desktop Publishing (TCA)Performance and Media Arts – Concentration in TV ProductionVisual Communications-Graphic Design (Degree)Web Site Design (Certificate)
Diesel Power Technology (Degree)Electrical Technology (Certificate)Electrical-Electronics Engineering Technology (Degree)
Business & Management (Degree)Diesel Power Technology (Degree)Fire Science Technology (Certificate)Logistics Technology (Certificate)Motor Vehicle Technology (Degree & Certificate)Metal Arc Welding (TCA)
Accounting (Degree)Administrative Office Technology (Degree)American Sign Language Interpretation (Degree)Business Administration (Degree)Business & Management (Degree)Entrepreneurship (Degree)Interior Design (degree)Legal secretary (certificate)
Food & Beverage Purchasing (TCA)Food Safety & Sanitation
Architectural / Design Construction Technology (Degree)Civil Construction Technology (Degree)Computer Aided Design & Drafting (Degree & Certificate)Construction Management Technology (Degree)Horticultural Technology (Degree)Interior Design (Degree)
Diagnostic Medical Sonography (Certificate)Electrocardiography (Certificate)Emergency Medical Technician-Paramedic (Degree & Certificate)Health Information Technology (Certificate)Medical Coding (Certficiate)Nuclear Medicine Technology (Post-Associate Certificate)Nursing (Degree)Ophthalmic Medical Assistant (Degree)Pharmacy Technician (Certificate)Physical Therapist Assistant (Degree)Practical Nursing (Technical Diploma)Radiation Therapy (Post-Associate Certificate)Radiologic Technology (Degree)Safety & Health Technology (Degree & Certificate)Surgical Technology (Certificate)Veterinary Technology (Degree)
GNO INC. TARGETED& SUPPORTED SECTORS
ADVANCEDMANUFACTURING
CREATIVE MEDIA& DESIGN
ENERGY, PETROCHEMICALS &PLASTICS
TRADE,LOGISTICS &DISTRIBUTION
BUSINESS /PROFESSIONAL
FOOD PROCESSING
RECOVERY
HEALTH SERVICES /BIOTECHNOLOGY
EMPLOYMENT(2009)
GDP CONTRIBUTION(2009)
$4,549,985,793
$8,927,061,890
$1,170,120,552
$7,412,039,574
$4,324,875,041
$713,315,626
$6,279,688,262
$7,100,765,403
69,807
4,888
52,669
38,692
17,302
4,363
12,913
41,232
Hotels, restaurants, entertainment venues and other guest services supporting individuals and small businesses who seek out New Orleans as a locus of culinary and artistic activity.
Culinary Arts (Degree & Certificate)Culinary Management (Certificate)Hospitality Management (Degree & Certificate)Music (Degree)Music Business (TCA)Performance and Media Arts (Degree)Performance and Media Arts – Theatre Concentration (Degree)
TOURISM, HOSPITALITY &ENTERTAINMENT $3,937,583,55967,310
Four-year universities, medical schools, and a network of two-year colleges and technical schools are hubs of research activity, employment and business development.
American Sign Language Studies (Degree)Care and Development of Young Children (Degree & Certificate)Teaching, Grades 1-5 (Degree)
EDUCATION $1,271,106,0258,012
1,100 jobs$167 million
contribution to GDP in 2010
177 jobs$31.3 million
contribution to GDP in 2010
5,042 jobs$626.6 million
contribution to GDP in 2010
321 jobs$47.5 million
contribution to GDP in 2010
838 jobs$45.7 million
contribution to GDP in 2010
D E L G A D O C O M P R E H E N S I V E E C O N O M I C A N A L Y S I S
The Value of a DelgaDo eDucaTion
Taken together, Delgado students from the past five
graduating classes will earn an estimated $107 million more in
2010 than they would have without the skills and credentials
they earned at Delgado. The job prospects and average
wages for those with associate’s degrees and technical
training are significantly greater than workers with only a high
school education.
This analysis incorporates the unemployment rate,
average compensation by occupation, and the migration
of some Delgado graduates to other metropolitan areas.
It is estimated that these recent Delgado graduates fill
approximately 9,000 jobs across the metropolitan area.
Again, these graduates earn $107 million more than they
would have in the jobs they would have likely taken without
a Delgado education. As Delgado graduates spend these
additional wages on goods and services in the region, they
cycle through the local economy, generating an additional
$93 million in indirect economic activity in 2010.
The Value of WoRKfoRce DeVeloPMenT anD ShoRT-TeRM Technical TRaining
The Delgado Technical Division and Workforce
Development and Education unit provide a variety of
training options, ranging from basic business software
training, to maritime safety and firefighting, to skilled trade
training. Since 2005, the Delgado Technical Division and
Workforce Development programs have together provided
the equivalent of on-the-job training for over 60,000
trainees. Part of Delgado’s Workforce Development unit
includes programs qualifying under the State of Louisiana
Incumbent Worker Training, which subsidizes training for
existing workers in order to advance their skills, save jobs,
and make Louisiana firms more productive.
ValiDaTing aSSuMPTionS anD cReaTing MeTRicS foR conTinuouS eValuaTion
Delgado recently completed a random survey of 500 recent
Delgado graduates (those who completed their studies
in the last 5 years) in an effort to validate some of the
assumptions that were made in this analysis of Delgado’s
impact. The findings were
More than 90% of Delgado graduates are employed •
- 80% of those graduates work in professions
related to their Delgado Education
40% of Delgado graduates have continued their •
education
- Likely leading to more job opportunities and even
higher wages
Over 20% of recent Delgado graduates have obtained a •
Bachelor’s Degree or greater
- 3/4 of those hold higher degrees in the same field
as their Delgado major
Of those responding, approximately 60% currently earn •
over $40,000 per year
- These recent workforce entrants likely have
significant potential for future earnings growth