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MCOFuture: Montgomery County Workforce Trends, Challenges, and Innovations
 

MCOFuture: Montgomery County Workforce Trends, Challenges, and Innovations

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Jane Dockery's presenation from the April 11th MCOFuture forum at Sinclair Community College.

Jane Dockery's presenation from the April 11th MCOFuture forum at Sinclair Community College.

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  • Computer Science Regional Job Openings 2,363 Regional Graduates (that will stay in Ohio) 568 Regional Graduates 778 WSU 15% 116 85 UD 5% 35 26 OSU 11% 83 61 UC 18% 137 100 Other 52% 407 297

MCOFuture: Montgomery County Workforce Trends, Challenges, and Innovations MCOFuture: Montgomery County Workforce Trends, Challenges, and Innovations Presentation Transcript

  • Montgomery County Workforce Trends, Challenges, and InnovationsJane Dockery April 11, 2012Associate Director
  • We know Education Pays…
  • The Proportion of Jobs Requiring a Degree has Increased In 2002, 35% of jobs required a degree By 2020, 46% of jobs will require a degree By 2018, 63 percent of jobs will require a four-year college degree, an associate’s degree or a post-high school credential
  • Annual Supply and Demand is Mismatched (a.k.a. opportunities are being missed in Southwest Ohio) Note about Nursing: Industry changes are requiring bachelor degree RN’s, State & Regional demand met which could result in undersupply State & Regional demand not met Gaps > 100 are shown
  • Supply and Demand Example: Computer Science Regional Growth Rate State Growth Rate National Growth Rate
  • 2010 County, State, NationEducational Attainment Comparison Percentage with “some college” may be an opportunity
  • Demand for High-Skilled Workforce is Up,the Gaps are Wide, while most LIYA (low income young adults) are MIA
  • What are we doing about it? Occupational Analysis helped shape Workforce Strategy in Advanced Manufacturing Regional job growth rate is 3% versus -2% for U.S.• Montgomery County investment in Composite Training was a boost to local companies and to the National Composite Center in Kettering.
  • Economic Development helped shape Workforce Strategy for Transportation and Logistics• Montgomery County works on expanding the transportation and logistics industry.• The County worked with higher ed toward a supply chain education pathway. o The region now has an associate’s degree that transfers into a bachelor’s program, to a master’s program. o The County now hosts Caterpillar and Payless Distribution Center. Combined, these two centers provide about 900 jobs in the region.
  • SummaryThe Trends:•Well-paying jobs require more education.•More advanced degrees = lower unemployment rates.The Challenges:•Many low income young adults are not graduating with degrees.•Career guidance used to be laid out by large employers; now it’sdone haphazardly.•In this fast-paced economy, it is hard for employers to forecast jobneeds and to give higher ed the lead-time to respond.Innovation:•Employer driven workforce development, in partnership withbusiness development professionals, pays dividends to the region.