The mining industry has been re-doing this "study" since 2012. Guess what? It's been wrong every time! Here's the 2012 study: https://lsbe-apps.d.umn.edu/uploads/FINAL%20Mining%202012%20Report.pdf It projected 6,200 new *direct* jobs added between 2012-2016! 16,000 after "multipliers" in their model. WOW!
How do they get it so wrong? Because the data they input into their model is just what the mining industry tells them to input. What a study! @UMDLabovitz
And back in 2009 - same study, same data assumptions. In this one, the @UMDLabovitz estimated that new mining projects would add 3,862 *direct* jobs by 2013, and a whopping 2,100 copper-nickel jobs! 10,500 new jobs with multipliers! That did not pan out. https://lsbe-apps.d.umn.edu/departments/bber/projects/2009MNMiningImpact.pdf
So here's the 2020 study https://conservancy.umn.edu/bitstream/handle/11299/216463/UMD%20BBER%20Mining%20Economic%20Impact%20Report%202020.pdf?sequence=1&isAllowed=y Where are they getting their data? "Good faith" estimates by the mining companies from a survey of the mining companies. Huh.
In 2020, though, the study shows that over the next four years, the number of all jobs created by iron mining will fall by over 600 by 2024. Direct jobs are projected to be flat, at 3,982 over that period.
The 2020 study projects 581 new nonferrous jobs (all jobs - direct, indirect and induced) - mind you, that is based on the industry's assumption that one mine (PolyMet) opens soon.
But take a step back. This 2020 study, based on the industry's projections, shows that opening PolyMet at best is a steady state for employment in 2024. That copper mining will create no more net jobs for the Range. This is the INDUSTRY'S OWN DATA.
So to summarize:
- The @UMDLabovitz "studies" are based on data provided by the mining industry
- They've been projecting 10,000+ new jobs in the next 4 years since 2009 none of which materialized
- Now they say the BEST outcome for jobs is flat, assuming PolyMet gets built.
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