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1 Report prepared in collaboration with: Institutions of Higher Learning Dr. Phil Pepper Mississippi Workforce Investment Board Chair: Mr. George Schloegel National Strategic Planning & Analysis Research Center (nsparc) Dr. Domenico Mimmo Parisi November 20, 2008
2 Mississippi Integrated Education and Workforce Development Performance System Governor s Office State Workforce Investment Board (SWIB) Mississippi Department of Employment Security (MDES) Mississippi Department of Corrections (MDOC) Mississippi Department of Human Services (MDHS) Mississippi Department of Rehabilitation Services (MDRS) Mississippi Department of Education (MDE) Community & Junior Colleges (SBCJC) Mississippi Institutions of Higher Learning (IHL) Source: State Workforce Investment Board; National Strategic Planning & Analysis Research Center (nsparc), Mississippi State University,
3 Fundamental Questions After receiving education or training: Do Mississippians get jobs? Do Mississippians retain jobs? Do Mississippians get better jobs and better pay? Is Mississippi preparing its workforce for the jobs of the future? 3
4 Current Investment in Workforce Source: State Workforce Investment Board; National Strategic Planning & Analysis Research Center (nsparc), Mississippi State University, Contact: Dr. Domenico Mimmo Parisi, Ph: , 4
5 Mississippi Public University Graduates 5
6 Number of Graduates by Degree Level 6
7 Number of Graduates by Residency Status at Graduation Note: "New MS Resident" refers to graduates who became Mississippi residents by their graduation date. 7
8 Bachelor s s Degree Graduates Enrolling in Master s, s, Professional, or Doctoral Programs within One Year of Graduation by Residency Status Note: (1) Number in parentheses is the percentage of bachelor s degree graduates enrolling in master s, professional, or doctoral programs by residency status; (2) "New MS Resident" refers to graduates who became Mississippi residents by their graduation date. 8
9 Employment in Mississippi within One Year of Graduation by Residency Status Note: "New MS Resident" refers to graduates who became Mississippi residents by their graduation date. 9
10 County of Residence and County of Employment for 2006 Graduates County of Residence County of Employment Oktibbeha Hinds <
11 Annual Wage for Graduates at First-Year Employment in Mississippi 11
12 Five-Year Wage Growth for 2001 Graduates ( ) 12
13 Employment in Mississippi within One Year of Graduation by Industry 13
14 Annual Wage for Graduates at First-Year Employment in Mississippi by Industry 14
15 Total Wage Contribution of Graduates to Mississippi s s Economy by Industry 15
16 Employment in Mississippi s s Service Sector within One Year of Graduation 16
17 Annual Wage of Graduates at First-Year Employment in Mississippi s s Service Sector 17
18 Total Wage Contribution of Graduates to Mississippi s s Economy by Service Sector 18
19 Employment in Mississippi within One Year for Graduates with an Education Degree 19
20 Annual Wage at First-Year Employment in Mississippi s s Education Sector for Graduates with an Education Degree 20
21 Five-Year Wage Growth for 2001 Graduates with an Education Degree ( ) 21
22 Summary Number of graduates in 2006: 13,775 76% employed in Mississippi Average wage at first-year employment: - Bachelor s degree: $29,122 - Master s degree: $41,021 - Professional degree: $53,907 - Doctoral degree: $62,598 Five-year wage increase: - Bachelor s degree: 56% - Master s degree: 41% - Professional degree: 78% - Doctoral degree: 37% 22
23 Summary High-demand degrees: Business, Management, and Marketing Education Primary sector of employment: Service (70%) Education service (41%) Health care and social assistance (28%) Total wage contribution: $245 million Service (74%) 23
24 What Mississippi Needs Expected annual demand in college graduates: 15,000 Expected annual supply in college degrees: 10,000 Expected annual higher education gap: - 5,000 24
25 How can we overcome the higher education gap? 25
26 Aligning Education with Workforce Expectations Master s/doctoral Degree Dropout Some Graduate Education Level 1 Skill Enhancement Level 2 Skill Enhancement 4-year Bachelor s Degree Dropout Some 4-year Education Level 3 Skill Enhancement Level 4 Skill Enhancement 2-year Associate s Degree Level 5 Skill Enhancement Dropout Some 2-year Education Level 6 Skill Enhancement High School Diploma Level 7 Skill Enhancement Adult Basic Education Level 8 Skill Enhancement High School Dropout Some High School Education Early Childhood Education Level 9 Skill Enhancement Level 10 Social Assistance 26
27 Questions? Contact: Dr. Mimmo Parisi Professor and Director National Strategic Planning & Analysis Research Center Phone:
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