Presentation is loading. Please wait.

Presentation is loading. Please wait.

State of the North Carolina Workforce Shaping Economic & Workforce Development: Facts as the Foundation.

Similar presentations


Presentation on theme: "State of the North Carolina Workforce Shaping Economic & Workforce Development: Facts as the Foundation."— Presentation transcript:

1 State of the North Carolina Workforce Shaping Economic & Workforce Development: Facts as the Foundation

2 North Carolina Commission on Workforce Development  38 Member Board Appointed by Governor Provides Strategic Direction to NC Workforce Development System  Allocates $80 Million in WIA Funds for the NC Workforce Delivery System  Operating Guidelines and Standards for 24 Local Workforce Development Boards and NC Job-Link System  Staff of 7 in the Department of Commerce  Policy Advice Regarding Workforce Issues

3 What was the intent of the study?  Project state and selected sub-regional labor market demand and supply during the next decade  Identify key issues likely to arise IF current trends continue and no major economic shifts occur  Provide facts to help guide future policy  Shape public discourse

4 The Results

5 Key “Trends” 1. Traditional manufacturing industries continue to shed jobs as part of an on-going economic transition. 2. Many areas of North Carolina are not prospering from the economic transformation. 3. New job creation is concentrating in certain fast-growing metropolitan areas. 4. Traditional “middle jobs”—those that paid a family-sustaining wage and required minimal formal education or training— are disappearing as part of this transition.

6 Key “Trends” 5. Future prosperity depends on achieving higher educational attainment levels for all citizens. 6. Low-skill in-migrants present both opportunities and challenges in meeting the state’s workforce needs. 7. Impending baby-boom retirements will exacerbate an emerging skills gap among experienced, skilled workers. 8. High-skill in-migrants will help fill part, but not all, of the skills gap.

7 Selected Data Facts and Figures

8 The state’s traditional manufacturing industries will likely shed more workers These 4 industries currently account for one in three NC manufacturing jobs

9 Disadvantaged regions are growing slower than the rest of the State Labor Force and Employment Growth, 2000 to 2005

10

11 Expected Employment Growth by Education

12 Educational Attainment in the US Compared to North Carolina (est. 2007)

13 Actual Employment Growth by Education

14 NC Net New Jobs and Earnings by Required Education (Est. 2007 and 2017)

15 Fewer job opportunities exist for people without post-secondary education Projected Net New Jobs, 2007-2017 NC Net New Jobs Total = 700k ‘Disappearing’ Traditional Middle Jobs ‘New Middle’ Jobs

16

17 In-migration creates future workforce challenges & opportunities Hispanic Population Density, 1990

18 In-migration creates future workforce challenges & opportunities Hispanic Population Density, 2000

19 Fewer job opportunities exist for people without post-secondary education Projected Net New Jobs, 2007-2017 NC Net New Jobs Total = 700k ‘Disappearing’ Traditional Middle Jobs ‘New Middle’ Jobs

20 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

21 Applied Efforts  Matching the skills of dislocated workers to expanding companies: – Collins & Aikmen  AWNC + – Konica Minolta  Zink Imaging – Ethan Allen, HDM, Taylor Togs  Altec – Flextronics  Kellogg

22 Next Steps  Launch a “Valuing Education Campaign” across North Carolina  Facilitate greater coordination of the workforce development, education, economic development and training systems for workers at all levels  Develop and widely publish a business- friendly publication, aimed at all North Carolina employers (public and private) both detailing the changing workforce and offering advice for dealing with those changes

23 Questions and Discussion State of the North Carolina Workforce


Download ppt "State of the North Carolina Workforce Shaping Economic & Workforce Development: Facts as the Foundation."

Similar presentations


Ads by Google