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At A Glance: Build on Assets
Move Up to Higher-Wage Sectors.
The graphic depicts the Louisville
Metropolitan Statistical Area economy,
showing the relative size of business
sectors, concentrations of jobs based on
number of employees, and the value of
total payroll divided by the total number
of employees for each sector. The goal
to achieve greater economic prosperity
is to grow the circles and move up into
higher-wage quadrants.
An example helps illustrate what the graphic shows:
In the local economy, the construction industry
includes more than 2,000 business establishments, and
they employ more than 30,000 people. The average
construction worker — including all sizes and types of
firms, as well as all levels of skill and experience — earns a
little more than $30,000 per year.
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