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Workforce Statewide Presentation 2012
 

Workforce Statewide Presentation 2012

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Grow Minnesota Presentation on skilled workforce gap, present economic growth problems, and labor force issues.

Grow Minnesota Presentation on skilled workforce gap, present economic growth problems, and labor force issues.

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  • Locations of Grow MN! partners showing the statewide impact of the program.
  • Say “Thank you”: Talk about the importance of thanking the business for being located in Minnesota. “ Many times when we sit down with the business owner it’s the first time anyone has thanked him/her for being located in Minnesota and it helps set the tone for the conversation.” Ask “About assistance”: More will be discussed on this topic later on in the presentation, but one of the important purposes Grow MN! has been fulfilling is the follow-up assistance that we can provide to companies across the state. Ask “About environment”: Results of the visits are pulled together at the end of our year and turned into an annual report. The results of this report are used at the state capitol to lobby on behalf of businesses and help set the priorities of the MN Chamber. Locally, we use the results at/to… (e.g. city council meetings, member meetings, etc.).
  • Business Expansion: ‘09 Results: 12 companies: 6 TC/6 Greater MN Done deals: 5 = 200+ jobs MN Rubber (Litchfield) Sage (Faribault) Goodrich (Burnsville) Detroit Diesel (Hibbing) Behrens (Winona) Dead: 3 = 125+ jobs Pending: 4 = 1,000+ jobs For 2, losing will cost existing jobs & HQ
  • Nothing newer on State Demographer website

Workforce Statewide Presentation 2012 Workforce Statewide Presentation 2012 Presentation Transcript

  • Grow Minnesota! … Generally: ”Eyes & Ears” on the Development & Growth of Our Economy…Today’s Focus: Workforce: What We’re Hearing
  • What Is Grow MN!?• Private sector economic development… …strategic links to public sector• MN Chamber sponsored• 59 local chamber partners• 3 parts to the program: – Business retention – Business assistance – Business expansion
  • Grow Minnesota! Visit – 3 Parts• Say, “Thank you!”• Ask, “How can we help your business?”• Ask, “How to make business environment better?”
  • Grow MN! 2010-2011 Results• 990 one-on-one business retention visits• 23% are revisits• 122 firms assisted, affecting 4,900 jobs… …15 expansions• BusinessConnection: – 940 on line searches completed – 50 email questions answered
  • Sales & Profitability -- Last 2 Years Sales (2010-2011) Profitability (2010-2011) 70.00% 40.00% 60.00% 35.00% 30.00% 50.00% Percentage 25.00%Percentage 40.00% 20.00% 30.00% 15.00% 20.00% 10.00% 10.00% 5.00% 0.00% 0.00% Increased Relatively Decreased Fluctuated Increased Relatively Decreased Fluctuated Stable Widely Stable Widely Responses Responses State (N=582) St. Cloud (N=49) State (N=541) St. Cloud (N=48)
  • Businesses Creating NewProducts in the Last Two Years 78% 76% 74% 72% 70% Percent 68% 66% 64% 62% 60% 58% 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 Fiscal Year
  • Expansions – Next Two Years• 2010: 147 (25%) Current Community 66% In MN 15%• 2011: 198 (29%) Another State 9% Another Country 2%• Where: 2011 Don’t Know 8%
  • Workforce: A “New Normal”• Jobs are being created…• But, they are different… …Mismatch of current skills & current openings• Persistent problem…growth or recession
  • Expected Job Growth, Next Year 70% 66% 60% 52% 50% 4 1% Percent 40% 2009-2010 30% 27% 2010-2011 20% 10 % 6% 4% 3% 2% 0% Unsure Stable Increase Decrease Responses 2009-10 N = 600 2010-11 N = 488
  • Recent Issues Recruiting Employees? (2010-2011 Results) 1% 33% Yes No Unsure 66% N=667
  • Percentage Pr ec i sio n 0% 10% 20% 30% 40% 50% 60% 70% 80% Pr Pr od of uc es tio sio n na l/M 72% an ag em en Cl er t 42% ica l/ O ffi ce St af Sa f 37% le s/ M ar In ke fo t in rm g at io 31% n Te ch no loJob Type gy 25% O th er 22% Pa rt- T im Te m e po 19% ra ry / Co nt ra ct (2010-2011 Grow MN! Results, N = 488 companies) 9% Key Workers – Still in Short Supply
  • Key Workers – Still in Short Supply (2010-2011 Grow MN! Results) # of Companies % Reporting Job Type Seeking Workers Unfilled Jobs Precision Production 216 72% Professional/Management 185 42% Clerical/Office Staff 185 37% Sales/Marketing 178 31% Information Technology 155 25% Other 73 22% Part-Time 149 19% Temporary/Contract 127 9%
  • Labor Force Growth Will Slow Sharply (Source: State Demographer) 1.2% 1.12% 1.0% Ave Annual Change 0.8% 0.75% 0.6% 0.43% 0.4% 0.27% 0.2% 0.10% 0.13% 0.0% 2005-10 2010-15 2015-20 2020-25 2025-30 2030-35
  • Migration: Best Source of New Workers? Net Labor Force Growth 500,000 400,000 Total Natural Part Rate Migration 300,000 200,000 100,000 0 -100,000 2000-10 2010-20 2020-30 State Demographer projection revised 2007
  • What Should We Do?• Understand what employers need• Change systems accordingly• Be ready to change again!
  • Employers: 4 Patterns• Basic skills, work ethic & OJT• Basic skills, work ethic, OJT then “higher” ed• “Jack of all trades” & work ethic• Basic skills & higher ed
  • • 300 Employees• 15% - 4 Yr Degree• 10% - GED• 75% - 2 yr (at least) technical training
  • Albert Lea High School Curriculum
  • Change The Systems• K12 – What’s “basic” today? Tomorrow?• Higher ed – all types – Right courses – Right content• Dislocated worker programs – time to rethink them?
  • Be Ready To Change Again!
  • Questions?