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Creating a Highly Educated Workforce and Growing New Jobs
St. Paul has extraordinary healthcare and
higher education resources that are instrumental
in creating a highly educated workforce
and growing new jobs. Capital City Partnership
is working with the City of Saint Paul on
developing new partnerships among business,
government, healthcare, and higher education
as part of a regional economic development
plan to leverage these assets, remain technically
advanced, cultivate new jobs, and create a
strategic advantage for the City.
St. Joseph's Hospital is one of several healthcare
institutions planning expansion projects.
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Healthcare Demand Increases
St. Paul hospitals are anticipating an increased
demand for healthcare services from
aging baby boomers, and project a 26 percent
increase in hospital use by 2013. Because
of this increase in demand, and the need to
accommodate the latest medical technology,
the healthcare industry is investing in St. Paul
with significant hospital expansion projects.
Healthcare:
- St. Paul hospitals and healthcare clinics
have an estimated annual economic
impact of $3.1 billion.
- Healthcare represents the largest
employment sector in St. Paul and
employs 32,500 people.
- Healthcare is the fastest growing
employment sector in St. Paul and is
predicted to grow 43% by 2010, to a
total of 43,072 employees.
- There are 11 hospitals in the East Metro
area; six of them are located in St. Paul.
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A College Town
Minnesota's Capital City ranks third in the
nation for higher education institutions per
capita, positioning St. Paul as a college town.
Our higher education community remains the
most powerful source for training opportunities
and innovations that can help our business
community and our local government. St.
Paul has a highly educated workforce with 60%
having Bachelor's degrees or higher, compared
to 20% nationally. To help retain these
knowledge workers, Capital City Partnership is
partnering with the City of Saint Paul and the
higher education community to collaborate on
establishing internship programs with local
businesses, and focusing on research to help
identify emerging knowledge, and using that
knowledge to grow new jobs in bioscience and
other emerging technologies.
Downtown St. Paul is home to The College of St.
Scholastica, which has expanded the reach of
their Duluth campus, and offers an Accelerated
Degree Evening Program (ADEP) that fi ts the
lifestyle of busy professionals. Also located in
the heart of the city is McNally Smith College of
Music, which is devoted to excellence in music
industry higher education and in developing
music industry professionals.
Higher Education:
- There are 12 higher education institutions in
St. Paul, and a total of 23 post-secondary institutions
in the East Metro area, ranking St.
Paul 3rd in the nation on the basis of four+
year higher education institutions per capita.
- The 23 colleges and universities have annual
expenditures of over $900 million,
employ 11,000 staff , and enroll nearly
65,000 students each year.
- St. Paul area higher education institutions
have an annual economic impact on the
Twin Cities economy of $1.34 billion.
- St. Paul higher education institutions generate
about 21,000 jobs in the Twin Cities.
Hamline University is one of 12
higher education institutions in St. Paul.
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