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Oklahoma's Dynamic Ecosystems Driving Economic Growth

Explore the myriad industries contributing to Oklahoma's thriving economy and learn how strategic policies and workforce development initiatives are fueling progress. Detailed analysis, data points, and future projections provided.

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Oklahoma's Dynamic Ecosystems Driving Economic Growth

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  1. Oklahoma’s Ecosystems: Accelerating the Growth of the State’s Economic Prosperity Presented by: Deidre D. Myers Policy, Research & Economic Analysis

  2. Goals • Prioritize Resources • Align Policies • Maximize Outcomes • Require Accountability

  3. Methodology Sales Revenue Export Share Wages Location Quotient Physical Assets Workforce New Markets Industry Trends Number of Establishments

  4. Process

  5. Outcome • 669 Industries • 72 variables • 48,168 data points

  6. Ecosystems The specific industries listed under the ecosystems are neither comprehensive nor exclusive. They are only examples to demonstrate a diversity of activities. The number of individual industries included among the 5 ecosystems actually number over 200.

  7. Vital Complementary Systems

  8. Regional & Micro Systems

  9. Policies

  10. County Unemployment Rates

  11. OK’s Educational Gap for New Jobs New Jobs defined as those jobs projected to be created between 2010 and 2020. Source: 2010 ACS; EMSI Complete Employment - 2011.4

  12. Unemployment Rates by Cohort Note: Data are from BLS, CPS Rolling 12 month average which measures the Unemployment Rate of those who have actively searched for work over the preceding 4 weeks. For example, not all 16-19 year olds are included in the calculation, only those who are actively pursuing employment.

  13. Critical Workforce for the Ecosystems

  14. Educational Requirements

  15. Classification NOTE: STEM (Science, Technology, Engineering & Mathematics) qualification defined by the Georgetown University Center for Education & Workforce

  16. Happening Now & Next Steps • Complete College America • “OneOklahoma” A Strategic Plan for Science & Technology in Oklahoma, 2012 • www.OKJobsMatch.com • Career Pathways • Project Lead the Way • Regional Analyses

  17. Regional Process

  18. Regional Considerations

  19. Southern WIB Ecosystems(Initial Analysis) The specific industries listed under the ecosystems are neither comprehensive nor exclusive. They are only examples to demonstrate a diversity of activities.

  20. For more information: www.okcommerce.gov/data Email: deidre_myers@okcommerce.gov Twitter: @deidredmyers

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