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For more information:
Gary Broome
Director of Communications & Marketing
Phone: (314) 803-0207
Email address:
[email protected]
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International Institute's Employment Program Generates Major St. Louis Regional Economic Benefits, New Study Reveals
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ST. LOUIS (April 9, 2019)-A just-released analysis of the job placements made through the International Institute of St. Louis' Workforce Solutions department reveals major contributions to the region's economy. The analysis was conducted by the St. Louis Regional Chamber working in conjunction with the Institute.
Regional Chamber Director of Economic Research & Analysis Ruth Sergenian studied the economic contribution of the International Institute's Employment Program's 465 entry-level job placements on the bi-state regional economy in 2017, the most recent year for which complete data is available. The Institute provided information about the number of job placements, hourly wages, full-time or part-time positions, business sector, and whether the position provided benefits.
Here are the key findings of the study:
Jobs
Direct - 444
Indirect - 536
Total - 980
Labor Income
Direct - $13,468,000
Indirect - $31,954,000
Total - $45,422,000
Indirect - $97,167,000
Click here
to view the full report which includes an explanation of the methodology used to create the document, as well as the definition of each category of impact.
"Whether from immigrants themselves or the businesses we serve through our employment program, we have a lot of first-hand evidence that our work helps individuals and businesses across the region. This data quantifies what we already knew -- that immigrants play a vital role in our regional economy as workers, tax payers and job creators," noted International Institute of St. Louis Vice President of Programs Blake Hamilton.
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About International Institute of St. Louis
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The International Institute is the St. Louis Region's Welcoming Center for New Americans. For 100 years, the International Institute has provided essential community integration services to each new wave of immigrants to St. Louis. Annually, more than 6,000 immigrants and refugees learn English, find jobs, become resettled and start businesses with our help. We build a strong, more global St. Louis by promoting the value of immigrants and multicultural inclusion. Our annual Festival of Nations attracts more than 100,000 visitors. Learn more about us at
www.iistl.org.
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