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Creating a Career-Ready Manufacturing Workforce . November 15, 2012. k entucky association of manufacturers. Manufacturing in Kentucky. $27 Billion or 17% of Kentucky’s Gross Domestic Product (GDP) by State 215,000+ Jobs for Our Families and Friends
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Creating a Career-Ready Manufacturing Workforce November 15, 2012 kentucky association of manufacturers
Manufacturing in Kentucky • $27 Billion or 17% of Kentucky’s Gross Domestic Product (GDP) by State • 215,000+ Jobs for Our Families and Friends • 3 Service Sector Jobs for Every Manufacturing Job • Strong and Diverse Economy in Kentucky Represents: kentucky association of manufacturers
Manufacturing’s Impact on the Kentucky Economy 3 Service Sector Jobs for Every Manufacturing Job Types of Jobs: • Logistics/Transportation/Warehousing • Wholesale/Retail • Real Estate/Rental/Leasing • Healthcare • Finance/Insurance • Professional/Technical/Education Services • Construction • Utilities • Government kentucky association of manufacturers
Why is Kentucky an Attractive Location for Manufacturing? kentucky association of manufacturers
Kentucky’s Borders are Within 600 Miles of 60% of the Nation’s Population! kentucky association of manufacturers
KAM’s Vision for Kentucky “Create a career-ready manufacturing workforce and change the culture of education in Kentucky.” kentucky association of manufacturers
Manufacturing Employment by Skill Group 2003 through 2010 Index 2003=100 115 High 110 105 100 Mid 95 Low 90 85 2003 2004 2005 2006 2007 2008 2009 2010 Sources: Chmura Economics & Analytics and Current Population Survey. Manufacturing Careers Require Higher Skills kentucky association of manufacturers
Current State of Affairs for Manufacturing Talent Development • Challenges • Filling the Skills Gap – Critical Need for Globally Competitive Talent • Image of Manufacturing – Not a Broadly Valued Industry or Preferred Career Choice • Opportunities/Solutions • Short-Term • Long-Term kentucky association of manufacturers
Challenges • Lack of Globally Competitive Talent • 2011 Skills Gap Report – 600,000 manufacturing jobs cannot be filled in the U.S. • Image of Manufacturing • Industry viewed by many as dead or dying & dead-end career choice kentucky association of manufacturers
Opportunities & Solutions • Short-Term • Remediation Reduction = Increase STEM education through Project Lead the Way • Enhancing the Image of Manufacturing = Statewide Dream It Do It Campaign • Long-Term • Career Pathways = Work/Study Programs (Toyota’s Advanced Mfg Technician Program) • Foundation for Kentucky Industry • Changing the Culture of Education = STEM in every Elementary, Middle and High School Kentucky association of manufacturers
KAM Endorsement KAM fully supports and hereby endorses Kentucky’s Work Ready Community Initiative! kentucky association of manufacturers
KAM’s Bottom Line “MANUFACTURING = Careers!” kentucky association of manufacturers
Thank You! www.KAM.us.com kentucky association of manufacturers