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Swr Tardc Short Version
 

Swr Tardc Short Version

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  • Shaping Economic & Workforce Development:  Facts as the Foundation

Swr Tardc Short Version Swr Tardc Short Version Presentation Transcript

  • State of the North Carolina Workforce Shaping Economic & Workforce Development:  Facts as the Foundation
  • North Carolina Commission on Workforce Development
    • 38 Member Board Appointed by Governor Provides Strategic Direction to NC Workforce Development System
    • Allocates $80 Million in WIA Funds for the NC Workforce Delivery System
    • Operating Guidelines and Standards for 24 Local Workforce Development Boards and NC Job-Link System
    • Staff of 7 in the Department of Commerce
    • Policy Advice Regarding Workforce Issues
  • What was the intent of the study?
    • Project state and selected sub-regional labor market demand and supply during the next decade
    • Identify key issues likely to arise IF current trends continue and no major economic shifts occur
    • Provide facts to help guide future policy
    • Shape public discourse
  • The Results
  • Key “Trends”
    • Traditional manufacturing industries continue to shed jobs as part of an on-going economic transition.
    • Many areas of North Carolina are not prospering from the economic transformation.
    • New job creation is concentrating in certain fast-growing metropolitan areas.
    • Traditional “middle jobs”—those that paid a family-sustaining wage and required minimal formal education or training— are disappearing as part of this transition.
  • Key “Trends”
    • Future prosperity depends on achieving higher educational attainment levels for all citizens.
    • Low-skill in-migrants present both opportunities and challenges in meeting the state’s workforce needs.
    • Impending baby-boom retirements will exacerbate an emerging skills gap among experienced, skilled workers.
    • High-skill in-migrants will help fill part, but not all, of the skills gap.
  • Selected Data Facts and Figures
  • The state’s traditional manufacturing industries will likely shed more workers These 4 industries currently account for one in three NC manufacturing jobs
  • Disadvantaged regions are growing slower than the rest of the State Labor Force and Employment Growth, 2000 to 2005
  •  
  • Expected Employment Growth by Education
  • Educational Attainment in the US Compared to North Carolina (est. 2007)
  • Actual Employment Growth by Education
  • NC Net New Jobs and Earnings by Required Education (Est. 2007 and 2017)
  • Fewer job opportunities exist for people without post-secondary education Projected Net New Jobs, 2007-2017 NC Net New Jobs Total = 700k ‘ Disappearing’ Traditional Middle Jobs ‘ New Middle’ Jobs
  •  
  • In-migration creates future workforce challenges & opportunities Hispanic Population Density, 1990
  • In-migration creates future workforce challenges & opportunities Hispanic Population Density, 2000
  • Fewer job opportunities exist for people without post-secondary education Projected Net New Jobs, 2007-2017 NC Net New Jobs Total = 700k ‘ Disappearing’ Traditional Middle Jobs ‘ New Middle’ Jobs
  • North Carolina Has A Talent Shortage *Annual estimate calculated from data provided by the US Census Bureau, UNC/NCCCS and Regional Dynamics annual employment projections 2007 to 2017 Regional Dynamics
  • Applied Efforts
    • Matching the skills of dislocated workers to expanding companies:
      • Collins & Aikmen  AWNC +
      • Konica Minolta  Zink Imaging
      • Ethan Allen, HDM, Taylor Togs  Altec
      • Flextronics  Kellogg
  • Next Steps
    • Launch a “Valuing Education Campaign” across North Carolina
    • Facilitate greater coordination of the workforce development, education, economic development and training systems for workers at all levels
    • Develop and widely publish a business-friendly publication, aimed at all North Carolina employers (public and private) both detailing the changing workforce and offering advice for dealing with those changes
  • State of the North Carolina Workforce Questions and Discussion