Presentation on theme: "State of the North Carolina Workforce An Assessment of the State’s Labor Force Demand and Supply 2007 – 2017."— Presentation transcript:
State of the North Carolina Workforce An Assessment of the State’s Labor Force Demand and Supply 2007 – 2017
Today Background for the report Share data from the report Gain your input on policy focus areas and implications – How should our state respond to the findings in terms of future policy development and state-level action?
Study Process Led by the Commission’s Policy Research and Assessment Committee (PRAC) Commissioned quantitative research of the state’s workforce and economic conditions – Corporation for a Skilled Workforce – Center for Regional Economic Competitiveness Utilized multiple data sources Validated data across multiple stakeholders prior to writing report
The Intent of the Study Analyze labor market demand and supply trends and forecasts 2007-2017 Determine the appropriate geographic units for study Assess education and workforce system gaps in meeting labor market demand Identify most critical policy challenges and opportunities
Study Outcomes 2007-17 labor market demand and supply projections for NC and sub- regions Key issues likely to arise IF current trends continue and no major economic shifts occur Provides facts to help guide policy choices
The Project Authors John P. Metcalf - Sr. Partner Community Strategic Planning CSW is a national private non-profit consulting firm based in Ann Arbor, Michigan, founded in 1991 (www.skilledwork.org)www.skilledwork.org Mission: Re-imagine everything about work and learning in the global economy to have a competitive workforce advantage. Dr. Kenneth Poole – President, Center for Regional Economic Competitiveness CREC is a national non-profit affiliated with George Mason University and ACCRA—the Council for Community & Economic Research based in Arlington, Virginia, established in 2000 (www.creconline.org)www.creconline.org Mission: Promote knowledge-based regional economic development efforts
Key Trends 1. Traditional manufacturing continues to shed jobs as part of an on-going economic transition 2. Traditional “middle jobs” — those that paid a family-sustaining wage and required minimal formal education or training — are disappearing as part of this transition 3. New job creation is concentrating in certain fast-growing metropolitan areas 4. Many areas of North Carolina are not prospering from the economic transformation
Key Trends 5. Future prosperity depends on achieving higher educational attainment levels for all citizens 6. Impending baby-boom retirements will exacerbate an emerging skills gap among experienced, skilled workers 7. High-skill in-migrants will help fill part, but not all, of this skills gap 8. Low-skill in-migrants present both opportunities and challenges in meeting the state’s workforce needs
The Data Facts and Figures That Support The Trends
North Carolina Has A Talent Shortage *Annual estimate calculated from data provided by the US Census Bureau, UNC/NCCCS and Regional Dynamics annual employment projections 2007 to 2017 Regional Dynamics
Questions and Discussion State of the North Carolina Workforce
Input As you listened to the report’s trends, reviewed the policy focus areas and related policy implications and questions: – What is your reaction to the policy implications and questions of the six focus areas? – Within each focus area, are there specific policy issues you think we should address or emphasize? – Have we missed anything you consider a significant policy issue? – Your thoughts and opinions!!!
Next Steps PRAC forms four (4) policy workgroups to develop policy recommendations for the Commission’s and Governor’s consideration based on report and forum feedback – Coordination of the policy workgroups Gain stakeholder input Refine policy questions Develop potential policy solutions Delivery recommendations to the Commission by July
Next Steps The Policy Workgroups’ Focus Valuing Education and Life-long learning – improving educational attainment Changing Industry – Middle Jobs Loss (grow sectors and sector strategies) Geographic Disparities – Vast Despair of the Coastal and Mountain Regions Compared to the Piedmont (overcoming the two North Carolinas) – Rural, small town, and urban Changing Workforce Demographics – baby boomer retirements and in-migration of low-skilled workers) PowerPoint on www.nccommerce.comwww.nccommerce.com
Later Questions and Comments Paul Combs – Chair of the Policy, Research, and Assessment Committee – email@example.com firstname.lastname@example.org Heidi Stieber – Staff for the Policy, Research, and Assessment Committee – email@example.com firstname.lastname@example.org – 919.715.6658 John Metcalf – Corporation for a Skilled Workforce (CSW) – email@example.com firstname.lastname@example.org – 704-814-8999 Ken Poole – Center for Regional Economic Competitiveness (CREC) – email@example.com firstname.lastname@example.org – 703-522-4980, ext. 16