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Workforce Needs Of Post-Secondary Education

Workforce Needs Of Post-Secondary Education. Workforce Solutions. Redefine attainment to include being prepared for opportunities in Louisiana Increase enrollment in post-secondary education at community and technical colleges

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Workforce Needs Of Post-Secondary Education

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  1. Workforce NeedsOf Post-Secondary Education

  2. Workforce Solutions Redefine attainment to include being prepared for opportunities in Louisiana Increase enrollment in post-secondary education at community and technical colleges Align post-secondary programs and courses with education and training requirements of the job market in Louisiana, regionally and statewide

  3. Occupational Forecast2006-2016

  4. Occupational ForecastBy Region Through 2016

  5. Top Growth by Percentage

  6. Top Growth by Percentage(continued)

  7. Top Growth by Number of Jobs

  8. Top Growth by Number of Jobs(continued)

  9. Demand Jobs –Over $30,000 per year

  10. Demand Jobs –Over $30,000 per year (continued)

  11. Education, TrainingAnd the Job Market

  12. Of the jobs that require more than a high school diploma: • 69% require vocational training, certification or a two-year degree. • 31% require a 4-year degree or higher. 2009 Job Vacancy Survey Source: LWC 2009 Job Vacancy Survey

  13. Minimum Educational Requirements Of Demand Occupations Source: Bureau of Labor Statistics, Minimum Educational Requirements, 2006 – 2016 Occupational Projections

  14. Hiring Practices Source: U.S. Census, American Community Survey, 2006 –2016 Occupational Projections

  15. Supply and Demand Gaps • The supply side for this analysis uses Board of Regents data, and includes completers for fiscal year 2008. The demand side uses the 2006-2016 occupational projections. LED worked with LSU to compare supply of annual completers to annual projected openings resulting from job growth and replacements. • Assumption: Some training or education in a technical or community college is required for 50% of jobs requiring long-term training and 25% of jobs requiring moderate-term training. • Demand for 3,892 more 2-yr and technical positions than supply of completers. This figure represented 51% of the total supply. • Supply of 10,312 more four-year completers than demand. • At the doctoral and first professional degree level, supply exceeded demand by 836 graduates.

  16. Regional Gap Analysis Source: Developed by LED, using Board of Regents data and LWC Occupational Forecast

  17. National Example

  18. Skilled Labor Shortage Source: The Manufacturing Institute 2005 Skills Gap Report

  19. Continued Training Does Your Company Spend More, Less, or About the Same Amount on Training Employees as it Did Three Years Ago? Source: The Manufacturing Institute 2005 Skills Gap Report

  20. “Soft” Skills Source: The Manufacturing Institute 2005 Skills Gap Report

  21. Soft Skills Needed • Question: In general, what is the greatest difficulty you face in filling jobs? Answer: The work ethic of people, once they are hired, is unacceptable. Comments included social skills, appearance, trustworthy, attitude, maturity, able to fit in with existing culture and dependability.5.9 percent of respondents in 2005; 13.4 percent in 2009 This employer response has increased the most over the past 5 years. Source: LWC 2009 Job Vacancy Survey

  22. Looking Ahead

  23. Labor Force Needed to Maintain Economic Growth In millions 210 200 190 Labor needed +/- 30 million shortfall 180 170 Labor available 160 150 140 130 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 2026 2028 2030 Source: Employment Policy Foundation analysis and projections of Census, Bureau of Labor Statistics, and Bureau of Economic Analysis data

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