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With increases since 2017 in both the total value impacted and equine-related employment, the 2023 findings of the Equine Economic Impact Survey by the American Horse Council (AHC) reflect the positive contributions of the equine industry on the U.S. economy, the organization said via a release Wednesday.

The survey offers a comprehensive overview of the economic impact and trends within the sector and highlights how the industry reaches far beyond the pastures and ranch land across the country.

Highlights include:

Diverse Economic Sectors Impacted: $177 billion. That's the total value added in 2023 from the equine industry, up from $122 billion in 2017. The equine industry's ripple effect extends beyond the traditional sectors, influencing a broad spectrum of industries. From agriculture and tourism to veterinary services and technology, the survey showcases the interconnectedness of the equine world with other economic realms.
Employment Boost: The survey reveals a substantial impact on employment with 2.2 million jobs linked both directly and indirectly to the equine sector. Not only are breeders, trainers, veterinarians and farriers represented, but so are truck drivers, nutritionists, chemists, police officers and journalists.
Slight Downshift in Population: While there is a slight downshift in the total population of horses from 2023 (6.6 million) compared to 2017 (7.2 million), that's only a slight consideration when compared to the growing numbers in jobs and expenditures.

“The Economic Impact Study is the most effective tool in our advocacy quiver,” says Julie Broadway, president of the AHC. “When the industry needs to take aim at an issue, this data is invaluable in helping us paint the picture of the contributions the industry makes and the breath & depth of its composition.”

Click here to purchase a copy of the study.

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Amplify Horse Racing, a 501(c)(3) nonprofit promoting education and careers in the Thoroughbred industry to youth and young adults, has reopened their mentorship program application for 2022. The program formalizes the process of pairing young adults interested in pursuing a Thoroughbred industry career with experienced industry professionals who can offer guidance.

The initial pilot program, launched in 2021, matched 12 individuals from eight different states with industry mentors. The pairs worked together for three months to develop their knowledge of the Thoroughbred industry, and create an educational plan that included tailoring resumes to be applicable to the industry, shadowing mentors at industry events, and applying for jobs and training programs.

Nearly all mentees from 2021 have since taken steps toward pursuing a career in the industry by enrolling in college equine programs, being hired for industry internships and jobs, or targeting vet school.

The objectives of the program are:

Improve accessibility of the Thoroughbred industry
Develop newcomers' understanding of the industry by leveraging the passion, knowledge and experience of industry professionals
Facilitate meaningful conversations between young adults and industry professionals about employment expectations
Create a pathway to employment by connecting education and workforce

Mentee candidates should demonstrate a strong interest to learn and desire to work in the Thoroughbred industry. The suggested age range is 18 to 25, and there are no restrictions based on academic achievement. Amplify prioritizes applicants with little to no industry work experience, and they must be residents of the United States or Canada. The 2022 program application timeline is Jan. 10 through Aug. 12, and the program duration for each mentor-mentee pair is three months, as determined by acceptance and start date. Eligible mentors can apply at any time.

Amplify Horse Racing is driven by Annise Montplaisir, the organization's co-founder and president, and Equine Education Coordinator for the Kentucky Equine Education Project (KEEP) Foundation.

“I am pumped for Amplify Horse Racing to resume offering this mentorship program,” said Montplaisir. “It is an amazing inlet for young adults to take their first steps into the industry with the guidance of someone who has already navigated that path. Additionally, it's a great way for industry employers to positively educate about the sport, the jobs that are in high demand, and the best way to prepare for a career.”

“The Amplify Mentorship Program is a fantastic way for students with an interest in exploring careers in the Thoroughbred industry to make connections and develop a professional network,” said Jen Roytz, who served as a mentor in 2021. “Amplify does a fantastic job of laying out a framework for the mentors and mentees to follow, allowing students to gain an appreciation for the array of career opportunities that may be complementary to their college major, work experience, strengths and interests.”

“The Amplify Horse Racing Mentorship is an amazing way to make connections and network within the industry,” said Trisha Smith, a 2021 mentee. “I do not come from an industry background, and feel that programs like this are crucial to help new people get into the sport. Everyone I met as a result of the program was so helpful during my job search. [Program coordinator] Annise Montplaisir was very supportive throughout the program, and because of various job posts she sent me, I am now living my dream and working in the Thoroughbred industry.”

To learn more about the program and apply today, visit amplifyhorseracing.org/mentorship, and contact info@amplifyhorseracing.org for more information.

The post Amplify Horse Racing Reopens 2022 Mentorship Program For Young Adults appeared first on Horse Racing News | Paulick Report.

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