Jefferson Parish Impact Study

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Delgado Community College Jefferson Parish

Supporting the New Economy of Southeast Louisiana


Delgado g Communityy College g Todayy • Delgado Community College has an enrollment ll t off 17,208 17 208 students as of Spring 0 0. 2010. • Delgado is growing. Enrollment saw a yearover-year increase of 17 2% from Spring 2009. 17.2% 2009


Delgado Fulfilling Needs of Jefferson Parish Residents • Delgado’s presence in Jefferson Parish is significant. i ifi t • Over 5,500 5 500 residents of Jefferson Parish constitute over 1/3 of all Delgado Students. • An additional 1,955 students are enrolled at the two Louisiana Technical College locations in Jefferson Parish. Parish • Approximately pp o a e y 433 33 Je Jefferson e so Parish a s residents es de s are ae employed by the Delgado/LTC system.


Delgado Programs Partner with Jefferson Parish Business • • • • • • • • • • • •

AMED Adams Marine AFL CIO AFL-CIO AMED Ambulance Americorps Barriere Construction Co Co. Bell South Blessey Marine Bollinger Shipyards Bosch Tools Capital One Bank Chevron Chemical Company Cox C Communications i i

• • • • • • • • • •

Chevron Chemical Company Cox Communications East Jefferson General Hospital Ensco Marine Exxon Company, USA First NBC Bank Greater New Orleans, Inc. (GNO, Inc.) JEDCO CO Jefferson Business Council Jefferson Chamber of Commerce

• • • • • • • • • • • • •

Krebs, LaSalle, Lemieux y Bank Liberty Livingston Group Lockheed Martin Louisiana Business Leadership Network Louisiana Department of Labor Louisiana Department of Transportation Louisiana Workforce Commission Marriott Hotels New Orleans Zephyrs p Grumman Ship p Northrop Systems Ochsner Hospital Prescient Technologies


Delgado g is Responsive p “ The training g Delgado g provides p its students is relevant & responsive to the needs of the healthcare industry. Our employee partners appreciate pp how effective Delgado g is in creating programs for students that are critical to the everyday workforce needs in the healthcare marketplace p – making g students well prepared for good jobs in the healthcare industry.” - Jan Robert, Executive Director, St. Tammany Healthcare Alliance


GCR & Associates, Inc.

DELGADO ECONOMIC IMPACT ASSESSMENT


An Engine g of Growth Delgado Community College plays an essential role l iin both b th presentt and d future f t economic i activity ti it in the New Orleans region and throughout the State of Louisiana. • $12.48 Return for Every $1 the State of Louisiana invests in Delgado. g • $451.1 million in total economic impact in 2009. • $167.3 million benefit of direct Delgado spending. • 6,996 employment positions supported metro wide.


Impact p is Significant g The impact of all Delgado graduates contributes substantially to the economy— and that impact grows more significant with each successive year. Delgado students earned 1,063 training certificates and associate degrees in the 2007 – 2008 academic year, according to Institutional Research. 895 students earned awards in Technical Competency Areas in 2008, preparing them for work in a skilled trade.


An Intellectual Investment

Annualized Figures for 2008 released by Bureau of Labor Statistics in March 2009


Value of a Delgado g Education The impact of a Delgado education for our graduates and d the th regional i l economy is i significant. i ifi t • 5 years of Delgado graduates filled an estimated 6,796 j b openings job i in i the th New N O Orleans l Metropolitan M t lit Area A in i 2009. • Delgado graduates earned an additional $86.2 $86 2 million in wages in 2009. • Delgado graduates had an economic impact that generated an additional $81.1 million in wages for a cumulative benefit of $167.3 million in the broader metropolitan economy.


Responding to the Needs of Business Community


Business Sector Specific p Impact p 5-Years of Delgado Graduates in Highlighted Workforce Segments •

Business & Professional Services …Fill 994 Jobs …Contribute to $171 Million in Economic Output (GDP 2009)

Creative Media and Design …Fill 411 Jobs …Contribute to $70.8 Million in Economic Output

Health Sciences & Biotechnology …Fill Fill 3,457 3 457 Jobs …Contribute to $571.6 Million in Economic Output

Tourism, Hospitality & Entertainment …Hold H ld 681 jobs j b …Contribute to $46.9 Million in Economic Output


Impact of Delgado Education for Jefferson Parish Workforce •

Five years of Delgado graduates from all over the metropolitan region will fill an estimated 2,641 off the 195,260 (Q1 ( 2009)) jjobs iin Jefferson ff Parish. i

These graduates working in the Jefferson Parish will earn $33.9 million more this year than they would have without the training and education they received at Delgado.

These greater wages will have an additional estimated economic impact of $31.96 $31 96 million on the metropolitan area economy economy, with the majority of this impact captured by Jefferson Parish businesses.

The combination of these additional wages and their economic impact represents t a cumulative l ti benefit b fit off $65 million illi t the to th metropolitan t lit economy.

* The number of Delgado graduates working in Jefferson Parish is determined by the share of MSA employment represented in The number of Delgado graduates working in Jefferson Parish is determined by the share of MSA employment represented in Jefferson Parish (38.85% ‐ LA Workforce Commission ‐ Q1 2009). The additional wages earned are calculated using Bureau of Labor Statistic wage data. The impact on of those additional wages on the MSA economy is measured using Bureau of Economic Analysis RIMS II multipliers.


Delgado g Todayy & Tomorrow •

Almost four years after Hurricane K ti Katrina, Delgado D l d continues ti to t be b an economic engine in the region’s recovery, as well as an institution responsive to the needs off area residents id t and d iindustry. d t

5 years of Delgado graduates fill an estimated 6,796 , jjob openings p g in the metro area in 2009.

While Delgado is dedicated to the continuing education and training programs that drive the economy, the institution is already adapting to the workforce demands of the years ahead. ahead


Tomorrow’s Jefferson Parish Workforce Delgado invites you to partner with us to produce graduates that work and live in our community! Paid apprenticeship programs = Higher student retention Experiential learning = Rapid return on investment


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