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however, have few high paid positions and a large number of low -wage support workers. <br />The number of high -wage jobs determines the impact. Included in headquarters are the <br />administrative centers for banking, healthcare, manufacturers, insurance, and a host of <br />other businesses. <br />Manufacturing of mid value products: Middle -wage jobs, sometimes a large capital <br />investment and sometimes support industries are needed. Examples include computer <br />assembly, metal fabrication, food processing, boat building, household appliances, and <br />building materials. <br />State Gover6'd1YB eng Middle -wage jobs but typically higher than the local average. Most <br />state government employment operations are usually located in the state capital, <br />bolstering its economy. However, some states have distributed the employment centers <br />throughout the state to provide benefit to more than one area. <br />Information p rocessi g and telecommunication centers: Middle to low wage jobs, low <br />capital investment, and usually few support industries are needed. Many of the <br />businesses perform repetitious work and require a moderate to low skilled workforce. <br />Examples include subscription fulfillment, telemarketing centers, and the processing and <br />collating of information for a host of industries such as banking and insurance. <br />Manufacturing g of low value products: Low -wages and relatively low or average capital <br />investment. Few support companies are needed. Examples include apparel, household <br />appliances, food packaging, low value plastics, and animal slaughtering. <br />Retirement indushy Low wages with little capital investment except by the healthcare <br />industry. This industry typically promulgates the formation of low wage, low skill <br />service and retail jobs. It is very consistent, but economic growth is dependent upon the <br />in- migration of more retirees. <br />Tourism dndusewy Low wages and little capital investment except by hotels. This <br />industry typically promulgates the formation of low skill service and retail jobs and is <br />very inconsistent as a result of seasonal employment. A strong tourism sector can, <br />however, cause the formation of recreational and hospitality amenities in the community, <br />enjoyed by the local residents, which would not normally be created. <br />Within each of the above categories are exceptions as to their impact upon a local <br />economy based upon the wage level paid and the consistency of the employment of each <br />business enterprise. <br />Mom ®f D.6ugh - Page 29 - Vgosian August 20, 2007 <br />