The Clackamas Workforce Partnership (formerly known as the Workforce Investment Council of Clackamas County - WICCO) makes a significant economic contribution to the regional economy. It helps move people into jobs and increases their earning potential. It benefits the business community by filling hiring needs, enhancing worker productivity through training, and stimulating consumer spending. Finally, the public as a whole benefits from reduced unemployment rates and a positive return on government investment.
A leading research firm, Economic Modeling Specialists International (EMSI), recently conducted a study analyzing the cost-benefit of the work completed across the Oregon Workforce Boards for Program Year 2012. The study found that the Clackamas Workforce Partnership's expenditures alone generated over $3.6 million in added regional income and supported 50 more jobs in the economy.
Additionally, the study found that the program investments made in PY 2012 generated a total value of $2.21 in taxable income for every $1 spent.
Related Documents: - note Clackamas Workforce Partnership is formerly known as the Workforce Investment Council of Clackamas County (WICCO)
EMSI Reports for Clackamas County:
Economic Impact Analysis of Workforce Investment Council Operations - 1 page report
EMSI Reports for Other Areas in Oregon:
Economic Impact Analysis of Worksystems, Inc. Operations (comprising counties of Multnomah & Washington) - 1 page report
Economic Impact Analysis of Job Growers Inc. Operations (comprising counties of Marion, Polk & Yamhill) - 1 page report
Economic Impact Analysis of Lane Workforce Partnership Operations (comprising Lane County) - 1 page report
Economic Impact Analysis of Linn, Benton & Lincoln County Workforce Investment Board Operations (comprising counties of Linn, Benton & Lincoln) - 1 page report
Economic Impact Analysis of Rogue Workforce Partnership Operations (comprising counties of Jackson & Josephine) - 1 page report
Economic Impact Analysis of The Oregon Consortium & Oregon Workforce Alliance Operations (comprising the counties of Clatsop, Columbia, Tillamook, Douglas, Coos, Curry, Hood River, Wasco, Sherman, Wheeler, Gilliam, Crook, Deschutes, Jefferson, Klamath, Lake, Marrow, Umatilla, Wallowa, Union, Baker, Harney, Malheur & Grant)- 1 page report