1. Education and the Philadelphia Economy
Presented by:
Phil Hopkins
Managing Director, US Regional Services
Global Insight
April 6, 2005

2. Employment Growth vs. Share of Population With College Degree
2/25/2019

3. Large MSA Income s. Employment Share in Creative Occupations
2/25/2019

4. Employment by Occupation November 2003
2/25/2019

5. Educational Attainment by Occupation in 2003 – United States
2/25/2019

6. Educational Attainment in the Philadelphia PMSA in 2000:
2/25/2019

7. 2003 NAEP Scores
2/25/2019

8. Metro Area Population
2/25/2019

9. Jobs Growth
2/25/2019

10. Migration in 2003 To Philadelphia, 36,889 From:
Foreign countries 1,706
Other states ,113
Metro Phil ,595
From Philadelphia 50,532
To:
Foreign countries
Other states ,148
Metro Phil ,738
2/25/2019

11. People Follow Jobs and Perceived Economic Opportunity
And Jobs Follow People
Regional attractiveness to business
Pool of available skilled, educated labor
Economic developers focus on attracting high Income individuals
The Rise of the Creative Class
High amenity cities grow faster!
Weather & coasts and mountains
Social life – restaurants/theatre/sports
Public services
SCHOOLS
Safety
Mobility – freeways/mass transit
2/25/2019

12. Education and Economic Growth
Education and Economic Growth
Economic Structure and Occupation Mix Drive the Need for Education
Education Must Be Viewed As A Competitive Advantage – the Way to Avoid the Wage Gap
Improving Educational Attainment Should Be Viewed as an Economic Development Imperative
Low Achievement in Urban Schools Hurts the Entire Metropolitan Economy
Equitable Statewide Funding is a Start – But Not the Whole Answer
Remember Votech
2/25/2019