Presentation is loading. Please wait.

Presentation is loading. Please wait.

March 19, 2015 Wisconsin’s Labor Force Dennis Winters Chief, Office of Economic Advisors Department of Workforce Development March 19, 2015 WISCONSIN’S.

Similar presentations


Presentation on theme: "March 19, 2015 Wisconsin’s Labor Force Dennis Winters Chief, Office of Economic Advisors Department of Workforce Development March 19, 2015 WISCONSIN’S."— Presentation transcript:

1 March 19, 2015 Wisconsin’s Labor Force Dennis Winters Chief, Office of Economic Advisors Department of Workforce Development March 19, 2015 WISCONSIN’S LABOR FORCE

2 March 19, 2015 Wisconsin’s Labor Force 2 FIRST OF ALL, YOU NEED TO UNDERSTAND WISCONSIN’S ECONOMY

3 March 19, 2015 Wisconsin’s Labor Force 3 THE ECONOMY HAS CHANGED AND SO MUST WE

4 March 19, 2015 Wisconsin’s Labor Force 4 ECONOMIC RECOVERY HOW IS THIS ONE NOT LIKE THE OTHER ONES

5 March 19, 2015 Wisconsin’s Labor Force 5 JOBS RECOVERY HOW IS THIS ONE NOT LIKE THE OTHER ONES

6 March 19, 2015 Wisconsin’s Labor Force 6 So, what will be the biggest socio-economic policy challenge in the next 20 years?

7 March 19, 2015 Wisconsin’s Labor Force 7 ELDERLY NUMBERS WILL SWELL WIDEN THE SIDEWALKS WILL YA !?

8 March 19, 2015 Wisconsin’s Labor Force 8 OR PERHAPS THE MORE INTERGENERATIONAL VERSION

9 March 19, 2015 Wisconsin’s Labor Force 9 WISCONSIN’S WORKFORCE GROWTH BECOMES FLAT Source: WI Population Center, DOA; OEA

10 March 19, 2015 Wisconsin’s Labor Force 10 MILWAUKEE METRO’S WORKFORCE GROWTH BECOMES LESS THAN FLAT Source: Bureau of Labor Statistics, OEA, US Census Bureau American Community Survey, WI DOA

11 March 19, 2015 Wisconsin’s Labor Force POPULATION DYNAMICS IN ACTION BOOMERS TO MILLENIALS Source: OCS, OEA

12 March 19, 2015 Wisconsin’s Labor Force 12 NURSING WORKFORCE IN WISCONSIN, 2012 DEMOGRAPHICS AT WORK Source: Office of Economic Advisors

13 March 19, 2015 Wisconsin’s Labor Force 13 Latest Beige Book noted that firms had difficulties filling positions in: IT, building trades, engineering, legal, health-care services, management, skilled manufacturing, and transportation and warehousing. HAVING TROUBLE FINDING WORKERS? GET IN LINE

14 March 19, 2015 Wisconsin’s Labor Force QUANTITY CHALLENGES AT ALL SKILL LEVELS

15 March 19, 2015 Wisconsin’s Labor Force 15 SOME INNOVATIVE EFFORTS

16 www.WisconsinFastForward.com Employer-led Align worker skills with employer needs Partner with local organizations Develop sustained pipelines $15 million to align training with job needs

17 www.WisconsinFastForward.com BLUEPRINT FOR PROSPERITY $35 million to expand Wisconsin Fast Fowrard Reduce wait lists at technical colleges Encourage collaborative projects Training Workers with Disabilities Grant Project SEARCH Expansion

18 Short to Medium Term: 1.Less than 1-year in duration to complete courses 2.Can consist of multiple training modules 3.2-year maximum duration for overall project Does not replace existing, routine operational training Not addressed through an existing training program Is repeatable, portable, and scalable Enhances sustainability/growth of the business and workforce Provides opportunities for trainee income and career growth Training Requirements www.WisconsinFastForward.com

19 Eligible Training Costs A list of eligible training costs follow: Curriculum development Instruction Instructional Materials Instructional Supplies /Operating Expenses Facility Rental Consultant/Contractual Travel, Meals, Lodging Administrative Costs (up to 5% of total project budget) www.WisconsinFastForward.com

20 $8M in Round 3 Grants DeadlineIndustry/SectorAward RangeMatch September 23Manufacturing Occupations$5,000 to $400,000$1 : $1 September 30Construction Trades & Related Occupations Transportation, Logistics & Distribution Occupations $5,000 to $400,000$1 : $1 October 7Financial Services Occupations Information Technology Occupations $5,000 to $400,000$1 : $1 October 14Customer Service Occupations$5,000 to $400,000$1 : $1 October 21Agriculture & Related Occupations Health Care and Related Occupations Small Businesses (50 or fewer full-time employees) $5,000 to $400,000 $5,000 to $50,000 $1 : $1 $.50 : $1 www.WisconsinFastForward.com

21 BLUEPRINT FOR PROSPERITY $28 million in Wisconsin Fast Forward grants to reduce technical college wait lists Highlights include: Sixteen technical colleges awarded grants $28,021,052 awarded 100 programs funded 4,908 student slots

22 Skilled Worker Investments Program SummaryContracted Students Wisconsin Fast Forward Round 11,920 Round 24,691 Round 3 Round 4 Blueprint for Prosperity Technical College Wait List4,890 High School Pupil949 Persons with Disabilities TOTAL12,450 Technical College/AgencyTotal Funding Contracted Total Programs Contracted Contracted # of Students to be Trained Blackhawk Technical College$419,524238 Chippewa Valley Technical College$1,223,5409196 Fox Valley Technical College$3,602,39219856 Gateway Technical College$1,894,53114756 Lakeshore Technical College$1,384,5308352 Madison Area Technical College$5,009,7109934 Mid-State Technical College$348,743368 Milwaukee Area Technical College$2,590,5184546 Moraine Park Technical College$1,217,9974126 Nicolet Area Technical College$1,921,5446303 Northcentral Technical College$2,264,8124163 Northeast Wisconsin Technical College$1,082,653472 Southwest Wisconsin Technical College$910,622478 Waukesha County Technical College$1,393,6084150 Western Technical College$1,564,2293192 Wisconsin Indianhead Technical College$884,362260 TOTALS$27,713,315994,890 www.WisconsinFastForward.com

23 Investments to Date Program Act 9 AllocationGPAs Applicant Requested OSD Intent to Award Applicant ContractedDisbursed Act 9 Funds Remaining Round 1$2,700,000$4,071,699$2,604,943$2,599,158$353,606 Round 2$7,500,000$6,041,039$3,429,005$3,374,041$0 Round 3$8,000,000$0 Technical College Wait List$31,000,000$38,696,551$28,021,052$27,713,315$0 High School Pupil$1,500,000$3,209,750$2,126,239$2,125,939$0 Persons with Disabilities$1,850,000$850,000 $0 Administration (2.97%)$1,050,000 $0 TOTALS $50,400,000$53,600,000$53,919,039$38,081,239$36,862,453$353,606$13,537,547 www.WisconsinFastForward.com

24 March 19, 2015 Wisconsin’s Labor Force 24 THIS IS NOT YOUR FATHER’S ECONOMY DON’T BE THE AFT ‘ER THOUGHT

25 March 19, 2015 Wisconsin’s Labor Force 25 Questions ?

26 March 19, 2015 Wisconsin’s Labor Force 26 Dennis Winters Phone: 608-267-3262 Email: dennis.winters@dwd.wisconsin.gov Website: www.dwd.wisconsin.govwww.dwd.wisconsin.gov OEA website: www.dwd.wisconsin.gov/oeawww.dwd.wisconsin.gov CONTACT INFORMATION


Download ppt "March 19, 2015 Wisconsin’s Labor Force Dennis Winters Chief, Office of Economic Advisors Department of Workforce Development March 19, 2015 WISCONSIN’S."

Similar presentations


Ads by Google