City Council

October 25, 2016 The City Council of the City of Idaho Falls met in Special Council Meeting (Joint Meeting with Bonneville County Elected Officials), Tuesday, October 25, 2016, in the Council Chambers in the City Annex Building located at 680 Park Avenue in Idaho Falls, Idaho at 5:30 p.m. There were present: Councilmember Michelle Ziel-Dingman Councilmember Barbara Ehardt Councilmember John B. Radford Councilmember David M. Smith Absent: Mayor Rebecca L. Noah Casper Councilmember Thomas Hally Councilmember Ed Marohn Dana Briggs, Economic Development Coordinator, called the meeting to order at 5:35. Ms. Briggs stated Idaho Department of Commerce has been holding informational presentations through the State. She introduced Randy Shroll, Senior Development Specialist for the Idaho Department of Commerce. Mr. Shroll stated he collaborates with communities throughout the state regarding economic development. After brief comments regarding economic development, he introduced Hope Morrow, Eastern Idaho Regional Economist, Idaho Department of Labor, for the following agenda item: Idaho Department of Commerce Department of Labor Presentation: Key Economic Topics include: Population, Employment, Industry, Workforce, Occupations, Wages, and Projections Ms. Morrow reviewed the following information with general discussion throughout:  Population change from 2010-2016 – Eastern Idaho has seen a 4% increase, the State of Idaho has seen a 6% increase, and the United States has seen a 5% increase.  Bonneville Age Break Out for 2010-2016 – the greatest loss has occurred in the 25-29 year old category, while the largest increase has been in the 65-74 year old category.  Aging in Eastern Idaho – Rural counties have overall decreased, Bonneville County has seen highest growth in the 65+ years old category.  Total Employment – Rural counties are cumulatively higher than Bonneville County (over the course of the past ten (10) years).  Unemployment Rates – Bonneville County as of September, 2016 = 3.2%. Eastern Idaho has consistently seen lower unemployment rates than the State of Idaho and the United States over the previous ten (10) years.  Eastern Idaho Industry Composition – 86% Services, 14% Goods/Production  Bonneville Industry Growth 2006-2016 (based on percentage) – largest growth in Utilities industry, lowest growth in Professional, Scientific, and Technical Services industry. Idaho was recently ranked 3rd in the nation for year-to-year number of jobs increase.  Bonneville Industry 2006-2016, 2016 Location Quotient – Crop and Animal Production, Wholesale and Retail Trade, and, Health Care and Social Assistance saw the greatest increase.  Eastern Idaho Industry 2006-2016, 2016 Location Quotient – Crop and Animal Production and Education Services saw the greatest increase. 1  October 25, 2016 Labor Shortage: Eastern Idaho Challenge Migrating Populations + Low Unemployment + Industry Growth = Labor Shortage  Employment by Major Occupation Group – greatest amount of people are employed in Office and Administrative Support, Sales and Related, Food Preparation and Serving Related, and, Transportation and Material Moving. However, this group (approximately 30,000 people) makes significantly less income.  Eastern Idaho Average Hourly Earnings – Average Hourly Wage: $18.96, includes approximately 35% of the Idaho population.  Percent with Postsecondary Degree and Median Wage by State and Region – Idaho is lowest of mountain west states with 35% of Associates Degree or higher and hourly median wage of $14.67. o Idaho’s highly-skilled workforce is limited, thus attracting firms that do not demand a highly- skilled workforce o Idaho may have a limited skilled workforce, but those skills are recognized and companies are willing to pay to attract that talent  Industry Projections: Goods 2014-2024, total employment projected growth = 19.6%. Construction and Utilities industries are projected to see the largest growth by 2024.  Industry Projections: Services 2014-2024, total employment project growth = 19.6%. Real Estate/Rental, Financial Activities, and Professional/Business Services industries are projected to see the highest growth by 2024. Idaho ‘hot jobs’ ranking – criteria based on jobs that are in abundance, have comparatively high pay, and projected to grow quickly. Eastern/Southeastern Workforce Gap – 2025 Projected Job Growth versus Labor Force Growth = ~6000 person gap Bonneville Workforce Gap – 2025 Projected Job Growth versus Labor Force Growth = ~2000 person gap Rural East Workforce Gap – 2025 Projected Job Growth versus Labor Force Growth = ~(998) person Things to remember:  Heavily reliant on services: Service industries make up 86% of Eastern Idaho’s economy  Aging has huge economic affects: Eastern Idaho’s population of 64+ years old continues to grow rapidly  Workforce Shortage/Gap: Regional planning and cooperation can significantly improve the impact of these issues There being no further business, the meeting concluded at 6:15 p.m. s/ Kathy Hampton s/ Rebecca L. Noah Casper CITY CLERK MAYOR 2