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EMSI LEADERSHIP CONFERENCE October 2014 NEW SKILLS AT WORK.

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Presentation on theme: "EMSI LEADERSHIP CONFERENCE October 2014 NEW SKILLS AT WORK."— Presentation transcript:

1 EMSI LEADERSHIP CONFERENCE October 2014 NEW SKILLS AT WORK

2 ABOUT JFF Our Mission: JFF works to ensure that all lower-income young people and workers have the skills and credentials needed to succeed in our economy. Our Vision: The promise of education and economic mobility in America is achieved for everyone. Our Approach: JFF designs and drives the adoption of innovative, scalable approaches and models—solutions that catalyze change in our education and workforce delivery systems.

3 NEW SKILLS AT WORK OVERVIEW JPMC’s landmark five year, $250M global effort to address the mismatch between skills employers need and skills workers possess. Supported by five national partners (Aspen Institute, Jobs for the Future, National Academies Foundation, National Fund for Workforce Solutions, Year Up and Youth Build). The initiative will: –Utilize new and existing data sources to identify identify skills most in need for select regions. –Collaborate with local businesses, elected officials, academics and community leaders to create an economic opportunity pipeline. –Develop and target training programs to fill identified regional skills gaps. Focus on nine JPMC markets: Chicago, Columbus, Dallas, Detroit, Houston, Los Angeles, Miami, New York, and the San Francisco Bay Area.

4 NEW SKILLS AT WORK OVERVIEW: STRATEGIES AND SOLUTIONS Phase 1: Networking and Orientation Phase II: Cutting Edge LMI Analysis and Skills Gap Reports Phase III: Strategic Assessment and Action Planning Phase IV: Pathway Design and Implementation

5 NEW SKILLS AT WORK OVERVIEW: ABOUT THE SKILLS GAP REPORTS Provide information about how the skills gap impact certain discrete sectors of the economy (e.g. IT, health care) in each market. Adopts the definition of the skills gap as a mismatch between skills jobseekers possess and the skills an employer needs. Targets the growing skills gap for middle skill occupations – those that require more than a high school degree but less than a four-year degree. Serve as regional blueprints to mobilize action and leverage synergies among the following actors to close the skills gap: –Employers –Community Based Organizations –Economic developers –Education system (high school educators, leaders, and community college leaders) –Funders –Political and community leaders –Workforce system (WIB, training providers)

6 METHODOLOGY TO IDENTIFY MIDDLE SKILL JOBS EMSI criteria for “middle skill” occupations: 1.Percentage of its workforce that possesses a high school diploma and less than a four year degree. 2.25% or more of the workforce must surpass the living wage for families with two adults and one child. 3.Must surpass a minimum growth rate over the past three years. 4.Occupations with limited annual openings are filtered out. 6

7 CURRENT EDUCATIONAL ATTAINMENT

8 EDUCATIONAL ATTAINMENT: REGISTERED NURSES

9 FUTURE EDUCATIONAL ATTAINMENT

10 EDUCATIONAL ATTAINMENT: DENTAL ASSISTANTS

11 LIVING WAGE (HOURLY)

12 MINIMUM GROWTH RATE

13 ANNUAL OPENINGS

14 DID WE MISS ANY JOBS? Did we miss any jobs in the Computer and Information Technology fields?

15 CASE STUDY: NEW YORK CITY

16  As of 2013, there were 4.27 million people working in New York City. Of the 4.27 million, 3.39 million people were employed by the private sector. 566,000 were employed by the government. 316,000 were self-employed. NYC ECONOMY OVERVIEW Source: NYC Tech Ecosystem

17 NYC ECONOMY OVERVIEW While hard hit by the 2008 recession, New York City’s jobs are now growing.

18 NYC ECONOMY OVERVIEW Despite economic growth, some New Yorkers continue to face high unemployment. Source: Bureau of Labor Statistics Source: Fiscal Policy Institute

19 NYC ECONOMY OVERVIEW A significant number of New Yorkers are at a disadvantage.

20 HIGH DEMAND INDUSTRIES Research identifies six target industry sectors that are primary economic drivers for NYC. Source: EMSI QCEW, Non-QCEW & Self Employed, 2014.2 Category2013 Jobs2013-2018 % Change % Middle-Skill Target Occupations Healthcare423,32114%37% Financial and Insurance Services321,6701%33% Education273,0198%22% Multimedia Entertainment109,1978%51% Computer and Information Services65,99315%52% Corporate Headquarters64,3858%42% 20

21 HIGH DEMAND OCCUPATIONS IN HEALTHCARE Healthcare sector has a wide range of middle skill occupations

22 HIGH DEMAND OCCUPATIONS IN HEALTHCARE Many middle skill occupations in health care are in high demand and pay family sustaining wages

23 HIGH DEMAND OCCUPATIONS IN THE “TECH” SECTOR The Tech industry is projected to grow and pay family sustaining wages. Description2013 Jobs Median Hourly Earnings 2013-'18 Average Annual Openings Computer Systems Analysts35,708$43.451,307 Information Security Analysts5,294$56.84241 Computer Programmers25,400$40.43905 Software Developers, Systems Software19,964$50.55725 Web Developers10,378$34.93398 Database Administrators8,465$43.54273 Network and Computer Systems Administrators 23,630$41.84633 Computer Network Architects8,689$53.17256 Computer User Support Specialists38,502$26.311,284 Computer Network Support Specialists10,357$34.37253

24 HIGH DEMAND OCCUPATINS IN THE “TECH” SECTOR Jobseekers can find Tech Occupation opportunities across multiple industry sectors.

25 EDUCATIONAL GAPS FOR SELECT HEALTHCARE & IT OCCUPATIONS 25

26 KEY FINDINGS 1.Both Healthcare and technology offer significant middle skill opportunities 2.These sectors have explicit career ladders to middle skill jobs that pay a family-sustaining wage 3.Jobseekers can find technology occupation opportunities across multiple industry sectors 4.Skill requirements for various healthcare occupation groupings are changing 5.Conflicting research findings about required credentials for middle skill tech occupation

27 BUILDING A CAREER PATHWAY APPROACH TO EDUCATION AND TRAINING PROGRAMS

28 SAMPLE HEALTH DESK PATHWAY Technology and healthcare offer clear career pathways to middle skill jobs.

29 SAMPLE HEALTH INFORMATION PATHWAY Technology and healthcare offer clear career pathways to middle skill jobs.

30 RECOMMENDATIONS Expand a sector-focused workforce development system. Create additional career pathways aligned with labor demand in healthcare and technology. Develop funding strategies that can sustain and scale a system of career pathways and expand the sector-focused approach to workforce development. Implement policies that incentivize a systemic approach to sector- focused career pathway development. Ensure New Yorkers are aware of the middle-skill job opportunities in healthcare and technology.

31 TEL 617.728.4446 FAX 617.728.4857 info@jff.org 88 Broad Street, 8 th Floor, Boston, MA 02110 122 C Street, NW, Suite 650, Washington, DC 20001 WWW.JFF.ORG MYRIAM SULLIVAN, SENIOR PROJECT MANAGER MSULLIVAN@JFF.ORG TEL 208-883-3500 FAX 208-882-3317 409 South Jackson Street Moscow, ID 83843 http://www.economicmodeling.com/


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