Working Texas Style : Trends impacting Texas employers & workers

1. Working Texas Style: Trends impacting Texas employers & workers (or Do You Have The Skills To Pay The Bills) Austin Community College Workforce Leadership September 2012 Mick Normington Data compiled by the Texas Workforce Commission Labor Market & Career Information

2. Key Questions for Today What if your economy has many layers (more than what you see outside our windshield)? What if different kinds of companies are growing jobs than we previously thought? What if companies care more about skills than degrees or certificates? What if community colleges were entrepreneurial growth poles? What if the impact of education on workers is shifting? What if anybody can succeed in America and in Texas?

6. Unemployment rates(monthly, non-seasonally adjusted, July 2012 latest month) Source: for Local Area Unemployment Statistics report, Texas Workforce Commission & U.S. Department of Labor, non-seasonally adjusted unemployment rates

8. Texas Non-Agriculture Employment Source: Current Employment Statistics survey of employers by U.S. Department of Labor

9. Metropolitan Austin Non-Ag Employment Source: Current Employment Statistics survey of employers by U.S. Department of Labor

10. Actual Job Growth RatesBig 10 Texas metro areas – 1st Quarter to 1st Quarter Source: Quarterly Census of Employment and Wages, Texas Workforce Commission

11. An Atmosphere of Enterprise • Examination of what kinds of companies in Texas added jobs over past decade • Some findings: • Startup companies are getting started with fewer workers • Almost all job creation in Texas from: • Very young companies • Very large companies • The stock of Texas companies has been rapidly getting older

16. http://www.lmci.state.tx.us/

17. Education shift in U.S. labor marketDr. Anthony Carnevale analysis Source: Analysis of employment data from U.S. Census Bureau’s Current Population Survey for new report “Career and Technical Education: Five Ways that Pay” from the Georgetown University Public Policy Institute

18. Texas Occupational Distribution

22. Source: Wanted Analytics for 90 day period from Sept. 19, 2012

23. Source: Wanted Analytics for 90 day period from Sept. 19, 2012

24. Where The Job Postings Are Located? Based on Job Postings listed online for previous 90 days as Sept. 19, 2012, compiled by Wanted Analytics and the Conference Board for TWC

25. Help Wanted Online Job Postings – Texas Based on Job Postings listed online per month, compiled by Wanted Analytics and the Conference Board for TWC

26. Help Wanted Online Job Postings – Austin metro Based on Job Postings listed online per month, compiled by Wanted Analytics and the Conference Board for TWC

27. Data from Wanted Analytics for 90 day period as of Sept. 19, 2012

28. Data from Wanted Analytics for 90 day period as of Sept. 19, 2012

29. Data from Wanted Analytics for 90 day period as of Sept. 19, 2012

30. Where Your Local Job PostingsAre? Based on Job Postings listed online for previous 90 days as of Sept. 19, 2012, compiled by Wanted Analytics and the Conference Board for TWC

31. Key Trends for Texas employers are seeing • 4 Generations at same job place • Baby Boomers may never retire yet most Texas workers over 50 in: • Oil • Natural gas • Nuclear • Utilities • State government • Generation X workers dominating • More Hispanic-American, more Asian-American, more college degreed, more women • Skill mismatch as employers are segmenting the tasks of jobs in order to shift away some tasks and blending other tasks to create new jobs

32. 4 Generations Working Together: Silent Generation, Baby Boomers, Generation X and the Millennials Texans employed Source: U.S. Census Bureau, American Community Survey

33. “This is the topic companies in Texas are talking about. Knowledge transfer is about getting people in an organization who know how things really get done and getting them together to simply talk about that with younger workers. It sounds simple, but it’s hard to do in most organizations. You’re paid to complete a task, not to communicate habits to co-workers. ”Wendy Boswell, management professor and directorof the Center for Human Resource Management atTexas A&M Universityinterviewed Dec. 8, 2009, for Working Texas Style book

34. Education Mismatch: Texas Unemployed vs. Job Postings 47% 84%

35. “I don’t know if we’re going to take existing jobs and expand their duties or if we’ll create new jobs, but it’s going to change our workforce. In the past, if you had a high school education and could learn some technical skills, that was enough to work for us. But now we want an Associate’s degree or equivalent military experience – and that will be the minimum hiring requirement starting this year.”Larry Fuller, director of human resourcesCenterPoint Energy, Houston, Texasinterviewed Feb. 5, 2010, for Working Texas Style book

36. Earnings by Educational Attainment – Texas Source: Survey-Weighted Quantiles from American Community Survey 2006-2010 5-year Texas Sample (In Labor Force)

37. “A lot of students make the mistake of not making mistakes.Or they don’t take hard classes, that’s a mistake. Get out there and learn. You’ll probably make mistakes along the way. Find what you love.” Michael DellCEO of Dell Inc. in Round Rockinterviewed August 12, 2010, for Working Texas Style book

38. 2011 graduate seed records were tallied by THECB

39. 2011 graduate seed records were tallied by THECB

40. 2011 graduate seed records were tallied by THECB

41. 2011 graduate seed records were tallied by THECB

42. Math = Money The more math you take the more money you can make.

43. “Years ago we hired people from the neck down. We wanted strong backs. Now we hire people from the neck up. Only a few years ago we hired people and gave them a shovel and a pipe wrench and told them these were the tools that would make them successful. Now we hire people and give them a volt meter and a computer and tell them these are the tools that will make them successful. It’s a different industry now.”Greg Yoxsimer, human resources partner,Chevron Oil & Gas, Midland, TexasInterviewed Sept. 23, 2009, for Working Texas Style book

44. Technical skills = Money Skills are your meal ticket. The more specialized, high-demand tasks you can perform the more money you can make.

45. Source: Forbes magazine and Monster.com

46. Employers want skills not degrees Key sources for skill curriculum: a) Texas - http://forecasting.tstc.edu/category/techbriefs b) California - http://www.coeccc.net/products_industry_scans.asp?view=all

47. AutoCoder Place for people to get detailed information on the required skills and education for different occupations along with wages (even takes Spanish words) http://autocoder.lmci.state.tx.us:8080/jc/onetmatch

49. The suggested starting point for many LMCI software products is www.lmci.state.tx.us

50. There really are three places to start with in Texas Reality Check. The 1st area allows you to total up living expenses and see what kind of salary you would need to support yourself. http://www.texasrealitycheck.com/