Anatomy of a Skills Gap April 2013

307 views

Published on

Skills gaps bedevil our economy.

But what are they and how did they form? This graphic illustrates how skill gaps emerged from an underperforming education system and a fragmented workforce development system.

Published in: Education
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
307
On SlideShare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Anatomy of a Skills Gap April 2013

  1. 1. Anatomy of the Skills Gap Investments in pre-school pay predictable dividends, but few regions make the investment. Between 40% and 50% of graduates from high school are unprepared for college or work. They enter entry level jobs. If they get stuck, they become the working poor. Too few young people going on to post-secondary training. This shortage will only get worse as the Baby Boom retires. We have shortages in a wide range of Middle Skill jobs requiring some post-secondary training but less than 4 years of college. People being downsized often do not have the skills needed for 4 Years of the new jobs College developing at fast growing 2 Years of firms. High rates of primary students read below grade level. Pre-K K through 12 Certifications Nationwide, 30% of 9th graders drop out of school. Drop-outs tend to end up in a dependency cycle. Career College We do not have a coherent system of employer accepted credentials and career pathways. $10.00 per hour The cost of moving people from dependency to the working poor often exceeds the cost of a college education. Dependency Cycle Entry level Working poor Unemployed The working poor have no easy way to upgrade their skills. Summary: We are producing too many under-skilled people. In any regional economy, 70% to 80% of the jobs are career jobs, paying above $10 per hour.Yet, we are producing over 50% of young people without the skills for these jobs. Adults need more flexible options to upgrade their skills continuously. Source: Ed Morrison, Copyright 2012 distributed through a Creative Commons 3.0 Attribution ShareAlike license.

×