What s the Issue? Data?

Transcription

1 Aligning a State s Workforce to Business Demands NLGA, Indianapolis, IN July 8, 2015 Dr. Lynne Weisenbach, Member, Indiana Pathways Taskforce What s the Issue? Data? There are important differences based on demographics. Millennials Born: After 1980 Age of adults: Generation X Born: Age of adults: Late Baby Boomers Born: Age of adults: Early B. Boomers Born: Age of adults: Silent Generation Born: Age of adults: Source: Pew Research Center: Numbers, Facts and Trends Shaping Your World, February, 2014 Economic well-being of year- olds BS 2 year/some college HS grad or Median personal income (2012 dollars) Millennials in 2013 $40,003 $24,524 $19,000 Gen Xers in 1995 $39,986 $27,194 $22,980 Late Boomers in 1986 $40,700 $29,101 $24,217 Early Boomers in 1979 $38,759 $30,684 $24,483 Silents in 1965* $34,736 $23,947 $19,417 Source: Pew Research Center. Current Population Survey (CPS) Integrated Public Use Micro Samples. Household income figures are adjusted for inflation. 1

2 Earnings Disparity Young Adults with and without Postsecondary Credentials Percentage of Generation in Poverty by Educational Attainment Share in Poverty BS or 2 year/some college HS grad Millennials in Gen Xers in Late Boomers in Early Boomers in Silents in 1965* NA NA NA Source: Pew Research Center. Current Population Survey (CPS) Integrated Public Use Micro Samples. Household income figures are adjusted for inflation. Poverty refers to share of year olds living in poverty. Reality there s a shortfall 2

3 What s the Cause? Dramatic changes in what we consume changes that favor more highly skilled labor. Huge changes not in what we produce but in how we produce it. The Economy Goes to College Georgetown Center on Education and the Workforce Next step: Address the gap Increasing the talent pool focused on meeting current and future workforce needs requires new forms of collaboration in order to: Support smart choices, especially for traditionally underserved students Develop/measure knowledge and skills that matter Create and articulate talent pathways The How : Potential solutions/promising Create state sector strategy and sector partnership framework Example Indiana creating state sector strategies policies that guide the sector partnerships, proving regions with a framework of state priorities and information dissemination. The Career Council serves as champion for this work. 3

4 Develop and maintain regional sector partnerships. These need to include combinations of Workforce Investment Boards, postsecondary education, K-12, community based organizations, policy makers, Chambers of Commerce, trade associations, etc. Example: Indiana creating capacity to coordinate and facilitate sector partnerships % IN residents (ages 25-64) with at least associates degree: LaGrange 14.5% Fayette- 17.7% Parke- 23% Vanderburgh 33.4% Marion 36.3% Tippecanoe 46% Monroe 52.6% Hamilton 65.1% Develop targeted programs in specified labor markets linked to state/regional needs Examples: Indiana Career Council s data-driven, sector-based approach. Problem oriented and works with industries collectively, not as individual firms. Recently announced consortium of four community colleges collaborating on course content with manufacturing and financial services. Post secondary includes: Neosho County, KS, Everett CC in WA, City University CC and Alamo Colleges, TX). Corporate includes AGCO, Boeing, MetLife, Wadddell & Reed and Securian Financial Group Photo: New Major in Health informatics graduates. Georgia State University, 2015 doing it differently Transform the nation s diverse and fragmented credentialing system into one that s focused on knowledge and skills that matter. Example: Lumina Foundation s Connecting Credentials dialogue. See: credentials@skilledwork.org 4

5 Collaboratively develop clear student pathways and clearly communicate options and costs to students and families. Failure to do so is like launching a boat without a map or navigation system. Examples: Georgia- GA Career Information Center. Georgia Career Info Center (GCIS) provides current and accurate occupational and education info to schools and agencies. Extensive list of career clusters with accompanying video clips of real-life examples. Indiana proposed policy change Proposed College & Career Ready HS Diploma: new math sequence incl 8 credits, requires personal financial responsibility, planning for college/careers Stronger Nation, Stronger States, Stronger Regions Smart student choices Knowledge and skills that matter Talent highway Engineering class-laguardia Community College, Queens, NY 5