San Diego Community College District’s economic impact in the region has reached $5.7 Billion
SAN DIEGO (KUSI) – Per San Diego Community College District’s Director of Communications and Public Relations, Jack Beresford, The San Diego Community College District’s (SDCCD) economic impact in San Diego County hit $5.7 billion last year, up from $5.2 billion in 2013-14. In total, the district’s economic impact is equal to 3.1 percent of the county’s gross regional product, according to a new analysis.
The SDCCD employed 4,760 full-time and part-time faculty and staff last year, 95 percent of whom lived in San Diego County. Total payroll was $237.2 million, much of which was spent in the region for food, clothing, housing, and entertainment, while the overall impact of operations spending reaching more than $445 million. Construction spending attributed to voter-approved Propositions S and N added an additional $64.8 million and created 875 new jobs.
The accumulated impact of former students currently employed in the San Diego County workforce amounted to $5 billion in the Gross Regional Product, which is equivalent to creating 71,223 new jobs. In fact, the district is the region’s largest provider of workforce training. Report of findings comes from Jack Beresford.