1 / 33

Workforce 2020 and Beyond: Root Causes of U.S. Workforce Challenges

Workforce 2020 and Beyond: Root Causes of U.S. Workforce Challenges. Dr. Carol D’Amico Ivy Tech Community College of Indiana. Major Events. Fall of Berlin Wall: November 9th, 1989 Opened communication between the East and West Created an environment for new capitalistic markets

justise
Download Presentation

Workforce 2020 and Beyond: Root Causes of U.S. Workforce Challenges

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Workforce 2020 and Beyond:Root Causes of U.S. Workforce Challenges Dr. Carol D’Amico Ivy Tech Community College of Indiana

  2. Major Events Fall of Berlin Wall: • November 9th, 1989 • Opened communication between the East and West • Created an environment for new capitalistic markets *Tom Friedman – The World is Flat

  3. Major Events Birth of the internet • Netscape goes public on August 9th, 1995 • Creation of the Internet as we know it today: world wide web, email, etc. • Microsoft Windows 95 was released a week later integrating the Internet into the personal computer • Knowledge accessible and portable *Tom Friedman – The World is Flat

  4. Major Events Outsourcing • Death of distance • Technology enables virtually any job to be outsourced: tax preparation, journalism, reading X-rays, personal assistants, and even the McDonalds drive through. • Knowledge and work can be shared in real-time without the constraints of geographic barriers. *Tom Friedman – The World is Flat

  5. Challenges for the US • Worker Gap • Skills Gap • Ambition Gap

  6. Millions Worker Gap: Demographics Shifts Global Economic Workforce

  7. Worker Gap: Demographic Shift • Workers added from India and China • Highly motivated • Technology savvy • More cell phones in China than the total US population

  8. Worker Gap: Demographic Shifts No Growth of Native Born Workforce Ages 25-54

  9. Worker Gap: Changing Composition Future US Workforce Composition

  10. Worker Gap: Shrinking Workforce • Size of the workforce between ages 30-49 will shrink by 3.5 million by 2015. • By 2015 there will be 16 million additional workers over the age of 50 than there are today.

  11. Worker Gap • There will be 19 million more jobs than workers in the US by 2008. • 40% of the people available to fill these vacancies will be minorities. • Minority youngsters being educated today will comprise 35% of the nation’s workforce by 2010.

  12. Worker Gap Shortage of Educated Workers • There will be a shortage of 14 million post- secondary educated workers by 2020. • There will be a shortage of 7 million non-college educated workers by 2020. • The pipeline is not well prepared.

  13. Skills Gap: Challenges for the US • Young workers will change careers 10-14 times during their lifetime. • Many are unprepared for this reality. • 80% of all new jobs created in the US today require some form of post-secondary education. • 52% of Americans have achieved this level today.

  14. Skills Gap: Increased Skills Required 72% of the increased post-secondary educational requirements are the result of “upskilling” Employers are demanding a higher level of skill for jobs that previously required no post-secondary education.

  15. Skills Gap: Workforce Implications • Lower skilled or less technologically knowledgeable people will be the hardest hit. • The concept of lifetime employment will be replaced by lifetime employability.

  16. Skills Gap: Skills and Abilities in the Knowledge Economy • Basic skills: Reading, Writing, and Mathematics • Foundation: Knowing how to learn • Communications: Listening and oral communication • Adaptability: Creative thinking and problem solving skills • Applied Skills: Occupational and professional Competencies

  17. Skills and Abilities in the Knowledge Economy • Group Effectiveness: Interpersonal skills, negotiation, and working collaboratively within a team environment • Influence: Organizational effectiveness and leadership qualities • Personal Management: Self Esteem and self motivation • Attitude: Positive cognitive style

  18. Skills Gap: Lack of Qualified Workers • Both China and India exceed the US in the total number of finance, accounting, and life science professionals. • The US had the smallest decade long increase in the share of young adults enrolled in post-secondary education. • This amounts to less than a 1% growth compared to countries such as the UK, Ireland, France, and Spain.

  19. Worker Gap: Lack of Qualified Workers Estimated Annual College Graduation Rates

  20. Skills Gap: Lack of Qualified Workers Science/ Engineering Graduates

  21. Skills Gap: Lack of Qualified Workers Science and Engineering • Two million baby boomers will retire from these fields by 2008. • The US population will produce 198,000 workers to replace them. • The US ranked 3rd in the world three decades ago in graduating science and engineering students. • The US now ranks 17th in this category.

  22. Skills Gap: Lack of Qualified Workers Percent of Workers Without a College Education

  23. Skills Gap: Lack of Qualified Workers Workers 25 years and older with some post- secondary education • 19% of workforce 20 Years ago • 4% of workforce next 20 years

  24. Skills Gap: Lack of Qualified Workers in Pipeline US High School Graduation Rank • Ranked first among adults ages 45-65 • Ranked fifth among adults ages 35-44 • Ranked tenth among adults ages 25-34

  25. Skills Gap: Lack of Qualified Workers in Pipeline US 15-Year-Olds Rank Near Middle of the Pack Among 32 Participating Countries: 1999

  26. Skills Gap: Lack of Qualified Workers in Pipeline 2003: U.S. Ranked 24th out of 29 OECD Countries in Mathematics

  27. Skills Gap: Lack of Qualified Workers in Pipeline U.S. Ranks 23rd out of 29 OECD Countries in the Math Achievement of the Highest Performing Students*

  28. Skills Gap: Achievement Gaps in Future Workforce • African American and Latino 17-year-olds do math at the same levels as Caucasian 13-year- olds. • African American and Latino 17-year-olds read at the same levels as Caucasian 13-year-olds.

  29. Skills Gap: Achievement Gaps in Future Workforce Of Every 100 Kindergartners

  30. Implications Clearly, much more remains to be done in elementary, middle, and high schools.

  31. Workforce Implications: Educators • Sound the alarm and increase awareness of achievement gaps • Increase emphasis on mathematics and science • Explore new ways of delivering education to adult workforce

  32. Workforce Implications: Employers • Diversity: ethnic, age, skill levels • Generational mix • Assessment of skills needed • Commitment to workforce development • Workforce development strategic plan • “Employer Learning Networks” • Immigration issues • Business/Education relationships

  33. Workforce 2020 and Beyond:Root Causes of U.S. Workforce Challenges Dr. Carol D’Amico Ivy Tech Community College of Indiana

More Related