How does this affect the local and regional workforce?

The merged university includes over 42,000 students, a workforce of 17,000 employees, including almost 4,000 faculty and 1,400 health care providers, $486M in research expenditures, a combined budget of $2.4B, an endowment of $1.3B, and more than $7B in direct economic impact. Job growth is expected to increase to meet the growing demands of this institution particularly in research, academia and clinical care.