The model estimates the magnitude of ripple effects that a change in jobs in one industry (such as an increase in battery manufacturing jobs) has on the employment and earnings of other industries in the region (such as a need for additional workers in retail and service sectors to support increased consumer spending resulting from the influx of manufacturing jobs. [...] O*NET is a primary source of occupational information collected from job incumbents and occupational experts.3 The database contains descriptors of the knowledge, skills, and abilities associated with workers in a given occupation and measures of the relative importance of those descriptors to the occupation. [...] On top of the aforementioned incentives offered by the government of South Carolina, the state has offered to build and operate a job training center on the grounds of the Scout complex (Lavelle 2024). [...] The presence of the University of Louisiana at Lafayette also stands to provide research and training support to First Solar, in addition to providing a pool of skilled graduates for the company to employ (University of Louisiana Lafayette 2023). [...] The overall low match share of unemployed workers in San Diego-Carlsbad is heavily influenced by the small number of jobs created by Ryvid’s investment relative to the number of unemployed workers in the region.
- Pages
- 24
- Published in
- United States of America
Table of Contents
- Introduction 3
- Leveraging Industrial Policy to Benefit Communities 3
- Cartersville Georgia 3
- Blythewood South Carolina 3
- Marshall Michigan 3
- New Iberia Louisiana 3
- El Cajon California 3
- Discussion 3
- Conclusion 3
- References 3
- Introduction 4
- The Inflation Reduction Acts investments are anticipated to create more than 100000 jobs in targeted manufacturing sectors across 37 states and have the potential to drastically transform communities. 4
- Leveraging Industrial Policy to Benefit Communities 5
- Table 1 5
- IRA Projects by Jobs Created 5
- How communities engage with firms in addressing their labor needs will determine how they benefit from IRA investments. 6
- Table 2 6
- IRA Projects by Industry 6
- Cartersville Georgia 9
- Blythewood South Carolina 10
- Marshall Michigan 12
- New Iberia Louisiana 13
- El Cajon California 14
- Discussion 15
- Figure 1 16
- Average Job Matches per Unemployed Worker and Expected Job Creation by IRA Investment Type 16
- Conclusion 17
- References 18
