Measuring Middle-Skills Gaps within the Finger Lakes Regional Economy

OPTICAL SYSTEMS TECHNOLOGY PER WORKER METRICS FOR MCC’S OPTICAL SYSTEMS TECHNOLOGY PROGRAM

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Field

Value

Number of Completers in Workforce in 2014* 29 Marginal Annual Impact per Completer (Compared to Full-Time High School Educated Worker) $121,500 Estimated Lifetime Earnings of Completers $702,300

* Based on 10-years of MCC program completion data. Please see the source document indicated below for details.

2014 ECONOMIC IMPACT OF MCC’S OPTICAL SYSTEMS TECHNOLOGY PROGRAM

Impact Type Initial Effect Direct Effect Indirect Effect Induced Effect

Value ($) $2,191,000 $312,000 $64,000 $1,007,000

Total Economic Impact in 2014

$3,575,000

Source: Monroe Community College Program Based Economic Impact Analysis.

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