1. OUR Louisiana 2020: Building The Workforce of tomorrow

2. Community & Technical Colleges

3. NATION’S FASTEST GROWING COLLEGES- ENROLLMENT
Numbers do not include:
Over 35,000 Workforce contract training
Over 33,000 Adult Basic Education students

4. But… The Buzz is All About The
Completion Agenda.
Who is Getting
It Done?

5. Nation’s Fastest Growing Colleges- credentials
Since ,
Credentials Have Increased
102 %
NOTE: The original slide you used as Press Club showed a base in as 4,7xx. That is because an error was made in the data pull and did not include less than two year colleges in that time frame. Since then, that error has been corrected and CTCC, NWLTC, and FTCC are included in The change is dramatic but these numbers are accurate dips due to hurricane activity, corresponds to the implementation of Banner which presented prior data issues. There were also some issues with colleges not entering completers.

6. Community and Technical Colleges Return Louisiana’s Investment
State Funding
Per Completer
Annual Louisiana Salary Earnings From New Completers

7. What does Louisiana need from its Community and technical colleges?

8. Workforce POOL 4.6 Million Louisiana Population 2.3 Million 670,000
High School Diploma
Post-Secondary Credential
High School Diploma
No Post-Secondary Credential
Some College
530,000
2.3 Million
Non-Working Population
2.3 Million
Working Adult Population
525,000
High School Diploma
No Post-Secondary Credential
600,000
No High School Diploma
No Post-Secondary Credential

9. Educational alignment To High Demand job openings
2.3 Million
100%
670,000
High School Diploma
Post-Secondary Credential
High School Diploma
No Post-Secondary Credential
Some College
530,000
525,000
High School Diploma
No Post-Secondary Credential
No High School Diploma
No Post-Secondary Credential
600,000
Source: LWC Long-term Occupational Forecast

10. Defining the workforce gap
Annual Job Openings
Annual Completions
Demand Gap
Rationale: ensures that funds are targeted to areas of greatest unmet need

11. Laser focus on Demand Gap
Tier
One
Two
Three
Critical Fields - Economic Driver Industries
4 & 5
Star Jobs
Critical Fields – Healthcare & Education
Other Priorities
1, 2, & 3
Star Jobs

12. Louisiana’s Workforce Need is Great
Louisiana’s workforce forecast projects an ADDITIONAL ANNUAL job demand of over 14,000 “Tier One” jobs
4-Year
2,085 annual completers
2-Year
12,152 annual completers
This is a result of LED informing us that the original chart (refer to earlier presentation) was “…not as detailed as the information we have today.” The current information, mapping, and crosswalks has resulted in these numbers. Put another way, the Tier 1 data has been refined since it’s creation almost a year ago (by LED/LWC) and the 4 & 5 Star Job data is based on current and accurate CIP codes. LED has indicated that the slide that we took their materials is dated and should not be used.
85% of additional jobs will be supplied by 2 year colleges
Source: Louisiana Economic Development and Louisiana Workforce Commission Gap Analysis for the WISE Act. Note: each represents 10 individuals.

13. “Tier One” Jobs Requiring Community or Technical College Education - Annual Completers Compared to Targeted State Needs -
+ 547
+ 4,648
+ 1,001
+ 493
+ 768
+ 2,613
+ 2,208
Source: Louisiana Economic Development and Louisiana Workforce Commission Gap Analysis

15. OUR LOUISIANA 2020
Double graduates to 40,000 annually with a focus on increasing graduates in high demand fields.
Double earnings of an annual graduating class to $1.5 Billion
Quadruple transfer students to universities to 10,000 annually
Double students served to 325,000 annually
Quadruple partnerships with businesses to 1,000 annually
Double foundation assets to $50 million

17. DISCUSSION