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Guiding Questions
a. Is this goal right?b. Are the key issues the right key issues?
c. Are the indicators meaningful and useful?
d. Are there numeric targets for this goal that make sense?
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EI2-TARGET SECTOR JOBS
2 Increase and support the development and recruitment of existing and new target sector employers and jobs. (combine with #1 and 8?)
Key Issue - Why do we care? What is the problem?
0 The number of subsectors with high location quotients shows a diversified employment base that offers opportunities for continued economic diversification and a broad base on which the County's economy can flourish.
0 A review of the location quotients of Chittenden County show those subsectors in which employment concentrations are above national averages, thereby showing a comparative industry advantage for employment and skill availability.
Key Indicators - How are we doing?
1 Location Quotients for Chittenden County by Three Digit NAICS Code *
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17
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17
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0 Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment & Wages, 2010 0 * Includes only industries with Location Quotients over 1.00 |
0 Number of net new jobs by target industry sector
0 Number of net new companies in target sectors




Clarifying assumptions:
Clarifying assumptions: define location quotient
Are "key employment clusters"
Are "key employment clusters" the same as "target sector employers?
Move LQ’s to goal 1. Measures
Move LQ’s to goal 1. Measures competitiveness. Updated every 5 years. Need to check with Econ SC if this should move or not…
Goals 2 and 8 were combined
Goals 2 and 8 were combined and broadened to “retain and support existing employers and jobs.”
Other/supporting
Other/supporting indicators:
ditto suggestions above
Unless we focus goals on each
Unless we focus goals on each component (existing and new), then there's the risk of blunting the impact.
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