OAMIC/OII Brickler & Eckler Fall Seminar. The Future is Now Ohio Support of Insurance Education and Careers

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1 OAMIC/OII Brickler & Eckler Fall Seminar The Future is Now Ohio Support of Insurance Education and Careers 1

2 Recognition of the work Manufacturing Industry Event Image and Education Focus with 67 manufacturing attendees What does the insurance sector have to do with our industry talent issues? Panel: Liberty, Nationwide, Westfield and Paul Werth 50 business commitment forms to date 2

3 Education Provider Meeting and Metrics Education Collaborative Meeting Hosted by Paul Werth Metrics Enrollments Graduates Wage Employment Employment Type (FTE/PT) Keep up individual business pressures on education metrics when you partner or provide support Outreach Student Diversity Direct Internships or other experiential learning Fund career service activities Business visibility on campus 3

4 Ohio Career Information Delivery Governor Priority why? K-12 Counselor standards and evaluation methods Career Connections Program OhioMeansJobs 90,000 student accounts 4

5 Ohio Career Information Delivery Post-Secondary Career Service Focus in three areas: Career Selection, Job Search Preparation, Tool/Resources Used Four categories: All Students Undecided Decided (Confirmed) Failing Discipline 5

6 Budget Directives Develop strategies to embed work-based learning in all degree programs Usage of OhioMeansJobs Competency-based tests developed by industry 6

7 State Workforce Education and Alignment Project (SWEAP) Grant awarded to Ohio Board of Regents by the National Skills Coalition Funded By: USA Funds, JP Morgan Chase and Ford Foundation State of Ohio team includes: Ohio Board of Regents, Ohio Dept. of Job & Family Services, Ohio Dept. of Education, Governor s Office of Workforce Transformation and legislative representatives, and other key stakeholders Purpose: To assist policy leaders in understanding the potential uses of supply and demand information in developing state policies that close identified talent gaps. Data Resources: Navigating FERPA and UI Wage restrictions on data sharing, and obtaining out-of-state data.

8 Talent Analysis Factors What is the demand? (In-Demand Jobs Report) Talent Supply Factors Supply to Demand View Number of Graduates Private Education Institution Supply Regional View Enrollments Graduate Retention/Employment Number/Location of Programs Education Program Capacity Wage Bordering States Credentials Skill Gap (Business Retention Industry input) 8

9 Examples of Analysis and Approach Engineering Welding Timeframe (2012/2013 and FY 2013) Public Postsecondary Data Only Ohio Technical Centers Data (Adult Career-Tech) 2-year colleges/community colleges 4-year universities Apprenticeship data where applicable

10 Engineering Supply Data Occupation 2-4 Year Program Supply Total ( ) Difference in Supply to Demand Biomedical Engineers Chemical Engineers Civil Engineers Electrical Engineers Materials Engineers Mechanical Engineers Total Engineering Graduate Retention Rate: 51% of Total Graduates Employed in Ohio* (includes non-resident and foreign nationals) 60%* Retention Rate of Engineering Graduates who are Ohio Residents *Source: ODJFS UI Wage Data

11 Example of Type of Industries (NAICS) Employing Engineering Graduates Healthcare and social assistance (NAICS 62) Accommodation and food services (NAICS 72) Real estate and rental and leasing (NAICS 53) Information (NAICS 51) Retail trade (NAICS 44-45) Finance and Insurance (NAICS 52) Question: How many of the graduates are working as Engineers?

12 Welding Supply Data 2-4 Year Program Supply Total ( ) Welders, Cutters, Solderers, and Brazers OTC Program Supply Total (FY 2013) Apprenticeship Supply Total Total Supply (Graduates) Difference in Supply to Demand Welding Graduates: A majority (90%) of the graduates with welding credentials are from the Ohio Technical Centers (Adult Career Tech) 73% employed in Ohio

13 Welders: Regional Demand vs. Supply

14 Welding Supply Additional Considerations Demand does not break down to welding specialties There are many types of Welding. Unknown: Is Ohio producing sufficient numbers of welders by specialty? Welding education programs border many states Anecdotally it is stated that Ohio prepares welders who are employed outside of Ohio Not everyone who studies welding plans to become a professional welder (it may be a skill set for another career) Ohio residents working in other states (example: Construction)

15 Visioning Next Steps Incorporate Secondary Career-Tech Education Supply where relevant OWT consulted with Jobs Ohio Prioritize the occupations that are brought up the most in the Attraction and BRE space (20) Determine education response by occupation