Greater Cheyenne Chamber of Commerce Business Journal Q3 2014 | Page 13

FACTS & FIGURES 65.7% of individuals in educational services in Wyoming have at least a bachelor’s degree. This explains that a large proportion of those employed in Wyoming’s educational industry in 2011 made a large impact on Wyoming’s economy. Additionally, of those employed by the Educational Services, only 5.3% are non-residents, compared to other industries like Leisure & Hospitality which has nearly 30% non-resident and only 20% have a bachelor’s degree. Overall, Wyoming has an aging population. This is a concern for the Wyoming Workforce. A question that has arised is how to recruite young professionals and retain them while the older generations exit the workforce. Wyoming’s ecomony is strongly affected by those in educational services because they not only help generate a quality future workforce for the State of Wyoming, but play an important role on the sale of homes, retail sales and additional expenditures that stimulate the economy. Understanding education’s role is a requirement. The Greater Cheyenne Chamber of Commerce has developed an active, well informed committee called the Education Task Force that is working towards combatting these gaps for both employers and educators. If you would like more information, contact the Chamber of Commerce, 307-638-3388. 1) The Above Figures and Data was Provided by: “Are Teacher Salaries in Wyoming Competitive Enough to Retain the Best?.” Wyoming Labor Force Trends 51: 1. Print. Q3 2014 BUSINESS JOURNAL l PG 13