Knowledge Economy

Goal: Saginaw County will increase employers and industries in the area in knowledge, high-tech, and medical industries.

Measure

Percentage of workforce in occupations representing high-skill, high-wage, high-growth jobs.

Why This Indicator is Important

A key measurement to economic growth is analyzing the growth in knowledge fields. Alongside post-secondary education, types of employers and median income can determine a community’s economic health and well-being.

How Are We Doing?

In high growth industries, Saginaw County’s wage is similar to the state. However, high growth industries in Saginaw continue to be linked to manufacturing and service. In Michigan, service industries, scientific and technology, and medical fields are those which are growing. Data also shows that growth predications by education are primarily in technology and healthcare. Although the majority of growth in Saginaw County is in manufacturing, the county’s largest employers are medical and technological.

How Can You Have An Impact?

  • Support and bring together innovative, inventive and creative people.
  • Work with local business leaders to develop a knowledge economy plan.
  • Find ways to provide educational opportunities across the lifespan of the county’s workforce.
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