Targeting Talent: Workforce Strategies in New Orleans UWSELA Public Policy Education Session

1. Targeting Talent: Workforce Strategies in New OrleansUWSELA Public Policy Education Session Presented by Rodrick Miller, President & CEO October 22, 2013

2. New Orleans’ Economic Transformation • #1 Fastest Growing Economy since the Economic Recession – Forbes • Population growth • Low unemployment rate • #1 Logistics Leader / #3 IT Employment Leader — Business Facilities Magazine • Logistics assets • Emerging Creative Digital Media cluster • Innovation hub for the Gulf South region • Entrepreneurship: 53% more start-ups per capita than national average • BioDistrict: $2B Investment / 34,000 jobs

3. Our Work Tactical Goals: Jobs & Investment • Attract, retain and expand businesses in New Orleans • Increase the number + quality of jobs • Increase the City’s tax base • Provide site selection assistance, market intelligence, project management, and act as a municipal liaison for business prospects • Results since 2011 • 24 business locates or expansions • 1,700 full and part-time jobs • $300+ million capital investment

4. Our Work Strategic Goals: Economic Competitiveness • ProsperityNOLA: A Plan to Drive Economic Growth for 2013 • Foster a business-friendly environment in New Orleans • Provide research resources to investors, prospects, and community members • Results • Launched ProsperityNOLA • Costco + South Market District • Benefit Corporation Legislation

5. New Orleans Macro Trends - Employment Evidence of Strong Growth • As of 2012, New Orleans has regained 76% of the 192,624 jobs recorded in 2004 • Since 2008, the New Orleans rate of job growth has averaged 1.8%. Nationally, the average is 1.1% Source: Bureau of Labor Statistics Current Stats 176,400 Jobs 12,500 Unemployed 6.6% Unemployment Rate Source: EMSI Source: EMSI

6. New Orleans Macro Trends – Educational Attainment Signs of Improvement in Education • At 76.5% of students graduating on time, New Orleans is outperforming the state and nation • In 2005 only 25% of Orleans public school grads qualified for TOPS, in 2012, 39% qualified Source: Educate Now Current Stats 15,000 Completions of a course of study by students in New Orleans in 2012 65,300 Residents without a High School Diploma in 2013 95,100 Residents with only a High School Diploma in 2013 66% Share of LA Students who are low-income Source: EMSI Source: US Census Bureau, 2012 ACS

7. ProsperityNOLA NOLABA led the development of ProsperityNOLA: A Plan to Drive Economic Growth for 2018. • Establish clear direction • Provide recommendations to support growth in specific industry clusters • Unite business leaders, public sector, and community partners in the effort to promote economic growth • Diversify + strengthen the economy

8. ProsperityNOLAClusters The Strategic Advisory Council selected a mix of clusters that leverage strengths while diversifying the economy Foundational Clusters Emerging Clusters

9. ProsperityNOLA 7 Cross Cutting Issues • Coordinate and Collaborate • Invest to Compete • Reposition the City’s Brand • Think Internationally • Promote Entrepreneurship and Small Business Development • Equity is a Growth Strategy • Prepare our Workforce Read ProsperityNOLA online at www.nolaba.org/prosperitynola

10. Prepare our Workforce • Companies in all industries noted the following local workforce issues as priorities for ProsperityNOLA: • Soft skills • Illiteracy • Recruit new workers • Train our existing workforce • Establish career pathways in K-12 curriculum and programming

11. Advanced Manufacturing Workforce Issues: • Aging Workforce • Limited Pipeline of Skilled Workers • Smaller companies train workers who are quickly recruited by larger employers • Need for incumbent worker training • Specific Recommendations: • Use industry expertise to match technical training to specific workforce needs • Support efforts to connect residents with training opportunities • Inform manufacturing businesses of the opportunities for local hiring

12. BioInnovation & Health Services Specific Recommendations: • Support programs like GNOF New Orleans Works to reduce turnover for medical assistants, apply model to other careers and industries • Connect employers to appropriate training programs to identify new hires • Encourage curriculum development in K-12 that preps students for jobs • Workforce Issues: • Need for incumbent worker training • Lack of coordination between industry, higher education, and workforce training institutions with curriculum and skills training • Lack of local CEOs, researchers, and doctors

13. Creative Digital Media Specific Recommendations: • Identify opportunities in higher education programs and K-12 curriculum to provide training to address workforce needs of local employers and create career pathways • Support investments in technology training for all K-12 teachers and students to increase technical skills and opportunities for innovation • Workforce Issues: • Lack of coordination between industry, higher education, and workforce training institutions with curriculum and skills training • Lack of experienced, executive-level talent and programmers

14. Transportation, Trade & Logistics Specific Recommendations: • Develop pre-apprenticeship program to connect youth with entry level jobs in maritime and transportation industries • Workforce Issues: • Similar to overall workforce issues on previous slide

15. Next Steps Know the issues: Read ProsperityNOLA online www.nolaba.org/prosperitynola Join the conversation: Take the 2013 DeltaPLUS online survey www.nolaba.org/deltaplus Keep engaged: Sign up for our email newsletter www.nolaba.org

16. Thank You. To learn more, visit www.nolaba.org 935 GravierStreet, Suite 2020 New Orleans, LA 70112 (504) 934-4500 www.nolaba.org This presentation has been prepared by the New Orleans Business Alliance (“NOLABA”) for discussion purposes only