pizzaville

[Steve Cooke <scooke@uidaho.edu>]

Dear Visionaries,
 A couple of weeks ago I did back of the envelope calculations of the 
income and employment multipliers for the export base (Ag, Manuf, State 
Gov't, i.e., UI) for Latah County. It turns out that the income multiplier 
is about 1.5 and the employment multiplier is about 3.0.

 This means that for every dollar of income generated in ag, manuf., or 
state gov't, fifty cent in generated elsewhere in Latah county (services, 
wholesale, retail).
Also for every job (full time and part-time) created in the export sector, 
two jobs are created in the support sectors, i.e, services, wholesale and 
retail.
These number suggest that the export sector creates a lot of low wage jobs. 
This would explain the proliferation of pizza parlors in Moscow.
Good news: easy place for high school students to find employment. Bad 
news: difficult place for spouses to find employment.

This would also explain the importance of the business incubator and park. 
It is needed to create high paying manufacturing jobs for a captive and 
highly educated labor force.

Steve Cooke