MCC Program Based Economic Impact Analysis: Feb 2018

TABLE 1.2: Jobs by major industry sector in Monroe County, 2016*

The study uses a wide array of data that are based on several sources, including the FY 2015-16 academic and financial reports from MCC; industry and employment data from the Bureau of Labor Statistics and Census Bureau; outputs of Emsi’s impact model and MR-SAM model; and a variety of published materials relating education to social behavior. THE MONROE COUNTY ECONOMY MCC serves Monroe County in New York. Since the Col- lege was first established, it has been serving Monroe County by enhancing the workforce, providing local residents with access to higher education opportunities, and preparing students for highly-skilled, technical professions. Table 1.1, on the previous page, summa- rizes the breakdown of the county economy by major industrial sector, with details on labor and non-labor income. Labor income refers to wages, salaries, and proprietors’ income. Non-labor income refers to profits, rents, and other forms of investment income. Together, labor and non-labor income comprise the county’s total income, which can also be considered as the county’s gross regional product (GRP). As shown in Table 1.1, the total income, or GRP, of Monroe County is approximately $45.5 billion, equal to the sum of labor income ($27.7 billion) and non-labor income ($17.8 billion). In section 2: Economic Impact Analysis, we use the total added income as the mea- sure of the relative impact of the College on the county economy. Table 1.2 provides the breakdown of jobs by industry in Monroe County. Among the county’s non-government industry sectors, the Health Care & Social Assistance sector is the largest employer, supporting 73,097 jobs or 15.0% of total employment in the county. The second largest employer is the Retail Trade sector, supporting 45,919 jobs or 9.4% of the county’s total employment. Altogether, the county supports 486,710 jobs. 2

Total jobs

% of Total

Industry sector

Agriculture, Forestry, Fishing, & Hunting

1,179 0.2%

Mining Utilities

507 0.1% 997 0.2%

Construction Manufacturing Wholesale Trade

18,829 3.9% 42,091 8.6% 15,730 3.2% 45,919 9.4% 8,652 1.8% 8,747 1.8% 23,383 4.8% 20,244 4.2% 36,693 7.5% 29,672 6.1% 35,791 7.4% 73,097 15.0% 10,365 2.1% 29,727 6.1% 12,264 2.5%

Retail Trade

Transportation & Warehousing


Finance & Insurance

Real Estate & Rental & Leasing Professional & Technical Services Management of Companies & Enterprises Administrative & Waste Services Educational Services, Private Health Care & Social Assistance Arts, Entertainment, & Recreation Accommodation & Food Services Other Services (except Public Administration)

23,168 4.8%

Government, Non-Education

21,244 4.4% 28,413 5.8%

Government, Education

Total 486,710 100.0% * Data reflect the most recent year for which data are available. Emsi data are updated quarterly. Source: Emsi complete employment data.

2 Job numbers reflect Emsi’s complete employment data, which includes the following four job classes: 1) employees that are counted in the Bureau of Labor Statistics’ Quarterly Census of Employment and Wages (QCEW), 2) employees that are not covered by the federal or state unemployment insurance (UI) system and are thus excluded from QCEW, 3) self-employed workers, and 4) extended proprietors.



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