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An Affiliate of the U.S. Chamber of Commerce Early Care and Education: A Proven Approach to Effective Workforce Development Lydia Logan Vice President.

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Presentation on theme: "An Affiliate of the U.S. Chamber of Commerce Early Care and Education: A Proven Approach to Effective Workforce Development Lydia Logan Vice President."— Presentation transcript:

1 An Affiliate of the U.S. Chamber of Commerce Early Care and Education: A Proven Approach to Effective Workforce Development Lydia Logan Vice President and Executive Director Institute for a Competitive Workforce

2 An Affiliate of the U.S. Chamber of Commerce Institute for a Competitive Workforce Works to ensure that businesses have access— today and tomorrow—to an educated and skilled workforce. Promotes high educational standards and effective workforce training systems so that they are aligned with each other and with today's rigorous business demands.

3 An Affiliate of the U.S. Chamber of Commerce

4 “Human capital is the number one business challenge.” Tom Donohue, President and CEO U.S. Chamber of Commerce

5 An Affiliate of the U.S. Chamber of Commerce The Global Competitiveness Numbers Game

6 An Affiliate of the U.S. Chamber of Commerce An Aging Workforce 150 million Americans are currently in the workforce 77 million are ‘Baby Boomers’ nearing retirement Only 40 million Gen X’ers and Y’ers are available to replace them

7 An Affiliate of the U.S. Chamber of Commerce Source: Tough Choices or Tough Times, National Center for Education and the Economy

8 An Affiliate of the U.S. Chamber of Commerce

9 If India and China were to train approximately 6% of their population, the skilled workforce would nearly equal the entire U.S. workforce.

10 An Affiliate of the U.S. Chamber of Commerce Education pays... Education pays in higher earnings and lower unemployment rates

11 An Affiliate of the U.S. Chamber of Commerce Remedial Education and Private Training United States $3.7 billion on remedial education $58.5 billion on private training Source: Alabama Policy Institute 2007

12 An Affiliate of the U.S. Chamber of Commerce U.S. Strengths and Opportunities: Creating a Powerful Workforce for the 21 st Century

13 An Affiliate of the U.S. Chamber of Commerce Source: Tough Choices or Tough Times, National Center for Education and the Economy

14 An Affiliate of the U.S. Chamber of Commerce How Early Learning Impacts Today’s Workforce Early care and learning industry employs 2.3 million people Working parents need support and access to full-day and/or year-round ECE programs

15 An Affiliate of the U.S. Chamber of Commerce According to the Research: Brain development in the first 5 years Achievement gaps even before Kindergarten High quality preschool makes a difference High quality preschool means reduced costs later

16 An Affiliate of the U.S. Chamber of Commerce 5 Things a Business Person Can Do 1.Connect with your state early education council 2.Familiarize yourself with the benefits of high-quality early learning programs 3.Adopt policies that support working parents 4.Educate employees on the value of ECE 5.Visit a high-quality early learning site

17 An Affiliate of the U.S. Chamber of Commerce 5 Things the Business Community Can Do 1.Support a mixed provider delivery system 2.Encourage early learning system and K-12 alignment 3.Promote early learning policies as part of the economic development agenda 4.Encourage the inclusion of early childhood data in the statewide, longitudinal data system 5.Encourage your state to adopt a quality rating information system

18 An Affiliate of the U.S. Chamber of Commerce For more information, contact Lydia Logan Vice President and Executive Director Institute for a Competitive Workforce U.S. Chamber of Commerce 1615 H Street, NW Washington, DC 20062 Llogan@uschamber.com www.uschamber.com/icw


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