The New Mexico Jobs Council The New Mexico Jobs Council (NMJC) formed in 2013 when New Mexico legislative leadership approached The CELab to develop a framework and a process to help them determine what it would take to return the state to full employment by 2024. 17
Goals of the Council 1. Framework, process and criteria for sorting out economic development priorities. 1. Assess what it will take to get back to pre-recession employment levels. a. How many jobs? b. Where could they come from? c. What factor of production gaps must be cured? 2. Clarity and consensus on a legislative agenda. 2
Economic Base Model P E > P
Key Findings
Architectural Achievements 1. Framework 2. Process 3. Statewide Data Calculus 4. Accountability and Planning Architecture 5. Training Curriculum Development 6. Workforce Development Process
Assessment Achievements 1. Consensus estimates for economic base Job creation at the state, regional and local levels 2. Consensus estimates for economic base job creation by program theater at the state, regional and local levels. 3. Consensus estimates of the major Factor of Production Gaps for each region by program theater. 4. Comparative evaluation of program theater potential. 5. Planning heuristics for each theater. 6. Planning matrix.
Legislative Achievements 1. LEDA to 50 2. Staff Augmentation passed (unfunded) 3. Unanimous endorsement of Middle School Phyiscs 4. SoloWork program Pilot passed (unfunded) 5. Broadband Planning Bill
Top Legislative Initiatives 1. Accountability and planning act 2. Regional job creation planning 3. Rapid response workforce fund 4. Solowork pilot funding 5. Broadband planning 6. LEDA funding 7. JTIP funding 8. Staff augmentation funding 9. Coop advertising 10. Tourism marketing increment
Top Non-Legislative Initiatives 1. Solowork theater program pilot – 3 Pilots; Cibola underway 2. Retirement theater program model design. 3. Middle School Physics Pilot – 17 schools underway. 4. Curriculum Development for local economic development planning and management training program. 5. Workforce development assessments framework and process.
New Mexico’s 7 Economic Regions • Councils of Government • Economic Development Districts • Workforce Districts Population of Individual COG 228,749 1-NW 2-NC 239,087 3-MR 268,495 283,327 4-EP 5-SW 63,22 887,077 6-SE 8 89,216 7-SC
Regional Predicaments E-base Program Region E-base Needed Over/Under Potential Reliant North Central 19,350 20,505 12,807 1,155 Eastern Plains 3,257 2,120 (917) 4,174 Southeast 24,987 29,280 22,860 4,293 South Central 20,723 17,554 11,584 (3,169) Southwest 3,010 2,812 1,905 (198) Northwest 11,500 12,645 8,980 1,145 Mid Region 67,509 82,890 59,105 15,381
Factor of Production Gaps Marketing & Business Real Estate Workforce Sales Climate Research Building Inventory Qualified Workforce Leadership Lead Generation Land Inventory Workforce Housing Planning Sales Utilities Education & Training Organization Tax & Deal Structuring Bandwidth Community Quality Regulation Completion Transportation Capital
Jobs At Risk Factors of Production – NM 2014 100,000 20,000 40,000 60,000 80,000 Capital Water & Sewer Bandwidth Transmission Roads & Drainage Power & Gas Public Safety Transportation Qualified Workforce 166,661 Tax & Regulatory Land Inventory Building Inventory Mktg. & Lead Generation Sales & Deal Structuring Leadership Housing
Key Findings
The Planning Continuum Think Plan Do Discourse Assessment Strategy Plan Organization Ramp Execute Results Report
A Real Plan 1. Comprehensive 2. Prescriptive 3. Time-Scale Descriptive 4. Organization - Governance 5. Funding – Staffing - Management 6. Causal Accounting - Reporting 7. Iterative
Economic Base Job Creation Potential Program Theaters Potential Biz as Usual Implied Action Employer 52,789 32,260 Overhaul & Elevate Federal Government 29,327 21,995 Strategy and Plan Solowork 21,000* 7,140 Pilot - Fund Extractives and Energy 21,862 21,862 Strategy Retirement 21,000* 10,500 Plan Development Visitor 16,671 0 Overhaul & Elevate Start up 9,515 2,855 Strategy & Plan Agriculture 4,720 2,360 Strategy & Plan Film and Digital Media 3,500 0 Expansion Plan *Estimates refined based on Jobs Council initiatives
Strategic Implications
Recommend
More recommend
