Mississippis Economy: Where We Are and Where We Are Going'

1
Mississippis EconomyWhere We Are andWhere We
Are Going.

• March 6, 2007

2
(No Transcript)
3
(No Transcript)
4
(No Transcript)
5
(No Transcript)
6
(No Transcript)
7
(No Transcript)
8
(No Transcript)
9
College Graduates as Percent of Population
Compared to the national average, Mississippi has
fewer college graduates.
10
Education and Unemployment
People with more education rely less on welfare
and other social services. Source U.S. Census
Population data and Current Population Survey for
Median Earnings U.S. Bureau of Labor Statistics
for unemployment rate and CPI.
11
Earning Potential
A higher level of education increases earning
potential. Source U.S. Census Population data
and Current Population Survey, 2005
12
(No Transcript)
13
Private Economic Benefits of Education
Earnings and Unemployment Rate by Educational
Attainment1975 and 2002
Constant 2002 dollars
72,867
55,926
50,623
30,783
41,237
26,795
28,048
20,725
26,226
18,793
Not high school graduate
High school
Some college
Bachelors degree
Advanced degree
Percentage of population, 2000 Census
Miss. 5.8 U.S. 8.9
Miss. 27.1 U.S. 19.6
Miss. 29.4 U.S. 28.6
Miss. 26.6 U.S. 27.4
Miss. 11.1 U.S. 15.5
8.4
5.5
5.2
3.3
Masters 2.9 Doctorate 2.1 Professional 1.7
Unemployment rate, 2003
SOURCE Postsecondary Education OPPORTUNITY,
Oskaloosa, Iowa www.postsecondary.org
14
(No Transcript)
15
Mississippis Education Pipeline
Only 26 percent of Mississippis 1988 1st graders
graduated from college. Source Mississippi
Department of Education Superintendent Reports
Southern Regional Education Board
16
Mississippi Major Job Sectors with largest
employment changes forecasted for next ten years
Source CCBenefits, Inc.
17
Mississippi Occupations of greatest job growth
over next ten years by Education Level Source
CCBenefits, Inc.
18
Mississippi Occupations of job growth over next
ten years by Degree requirement Source
CCBenefits, Inc.
19
Mississippi Occupations of job growth over next
ten years by Degree requirement Source
(continued) CCBenefits, Inc.