W H A T H A P P E N S W H E N YO U C R E A T E 10 0 N E W J O B S When the Greater Oklahoma City Chamber assists in the creation of 100 new jobs, new demand is created throughout the local economy. To illustrate an example, here’s what happens when those jobs are 100 industrial machine manufacturing jobs that pay $55,000 a year: *
RETAIL TRADE: 10 JOBS
OTHER: 16 JOBS
TRANSPORTATION & WAREHOUSING: 4 JOBS
ACCOMMODATION & FOOD SERVICE: 12 JOBS
FINANCIAL SERVICES: 11 JOBS
Those 100 new jobs bring economic benefits to the retail and service sectors, adding 99 additional indirect jobs to the industries listed in this graph.
ARTS, ENTERTAINMENT & RECREATION: 2 JOBS
PERSONAL & PROFESSIONAL SERVICES: 28 JOBS
EDUCATION & HEALTH SERVICES: 16 JOBS
• $4.4 MILLION more in retail and services receipts in the Greater Oklahoma City region per year • TWO NEW RETAIL AND SERVICE ESTABLISHMENTS
In all, those 100 direct jobs help support 99 indirect jobs, and together, the 199 new jobs generate $10.3 million in new personal income. The creation of 100 new primary jobs leads to: • $1.6 MILLION more in financial deposits per year
* Note: This data is based on the creation of 100 industrial machine manufacturing jobs that locate in Oklahoma County with an annual wage of $55,000. Actual results would vary depending upon multipliers assigned to a specific industry, wage and location of company as it relates to commuting patterns within the region. Impact analysis source: RPAS (Regional Program Assessment System) impact modeling, based on IMPLAN (Impact Analysis for Planning) multipliers.
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