| SLCEC Regional Facts & Information - Workforce Overview | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Highly Skilled Workforce |
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St. Louis County’s workforce offers a deep and varied knowledge base across a variety of industries, with exceptional strength in information technology, plant/life science, advanced manufacturing, and business services. This talented labor pool is derived from a critical mass of different companies, universities, and organizations that make St. Louis a major Midwestern center for business. St. Louis is a leader in IT workforce with the region 37% more concentrated than the national average in computer systems design and 27% more concentrated than the national average in IT/telecommunications services. (Battelle Memorial Institute) The availability of technically trained “knowledge workers” is enhanced by the presence of major corporations and research institutions such as Boeing, Sigma-Aldrich, Monsanto, Pfizer, Donald Danforth Plant Science Center, Washington University, St. Louis University, and others. St. Louis has a strong and established business base as evidenced by the large number of major private employers in St. Louis County. (See Economic Trends) |
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| St. Louis County consists of a highly skilled workforce that adds above-average productivity, and thereby value, to a company’s bottom-line. For instance, the 1997 US Economic Census noted that local St. Louis manufacturers produced $300,000 worth of finished goods per hour, 32% higher than the national average. An example of productivity in St. Louis County vs. competing states is listed below for advanced manufacturing sector. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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St. Louis wage rates are very competitive with others around the country and are generally lower than higher cost business locations on the coasts. Listed below are sample wage rates for a variety of occupations in the St. Louis MSA: |
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Labor Costs Per Hour/St. Louis MSA |
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