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Workforce Statewide Presentation 2012
The document discusses the Grow Minnesota! initiative, which focuses on workforce development and the economic growth of the state through business retention, assistance, and expansion efforts. Key findings from 2010-2011 include successful one-on-one business visits, various job creation patterns, and the ongoing challenges of recruiting skilled employees. The document emphasizes the need for ongoing adaptation in education and systems to meet changing employer demands and workforce needs.
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Workforce Statewide Presentation 2012
- 1. Grow Minnesota! … Generally: ”Eyes & Ears” on the Development & Growth of Our Economy …Today’s Focus: Workforce: What We’re Hearing
- 2. What Is GrowMN!? • 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
- 4. Grow Minnesota! Visit– 3 Parts • Say, “Thank you!” • Ask, “How can we help your business?” • Ask, “How to make business environment better?”
- 5. Grow MN! 2010-2011Results • 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
- 7. 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)
- 8. Businesses Creating New Productsin 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
- 9. Expansions – NextTwo 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%
- 10. Workforce: A “NewNormal” • Jobs are being created… • But, they are different… …Mismatch of current skills & current openings • Persistent problem…growth or recession
- 11. 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
- 12. Recent Issues RecruitingEmployees? (2010-2011 Results) 1% 33% Yes No Unsure 66% N=667
- 13. 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 lo Job 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
- 14. 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%
- 15. Labor Force GrowthWill 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
- 16. Migration: Best Sourceof 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
- 17. What Should WeDo? • Understand what employers need • Change systems accordingly • Be ready to change again!
- 18. 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
- 19. • 300 Employees •15% - 4 Yr Degree • 10% - GED • 75% - 2 yr (at least) technical training
- 20. Albert Lea HighSchool Curriculum
- 21. Change The Systems •K12 – What’s “basic” today? Tomorrow? • Higher ed – all types – Right courses – Right content • Dislocated worker programs – time to rethink them?
- 22. Be Ready ToChange Again!
- 23.
Editor's Notes
- #4 Locations of Grow MN! partners showing the statewide impact of the program.
- #5 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.).
- #6 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
- #16 Nothing newer on State Demographer website