A PERFECT STORM Hits Job Markets Across the Country Whole-Community Approach Needed to Weather the...
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A PERFECT STORMHits Job Markets Across the Country
Whole-Community ApproachNeeded to Weather the Storm
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Storm Warnings
1 Great Recession
2 Aging Population
4 Unprepared Workforce
3 Upskilling of Jobs
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Dependency Ratio
Aging Population
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3 Upskilling of Jobs
Rick Miner, PhD, 2010, People Without Jobs, Jobs Without PeopleRick Miner, PhD, 2010, People Without Jobs, Jobs Without People
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Upskilling of Jobs
MILWAUKEE (May 29, 2012)
ManpowerGroup today released the results of its seventh-annual Talent Shortage Survey, revealing 49 percent of U.S. employers are experiencing difficulty filling mission-critical positions within their organizations … despite continued high unemployment.
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Upskilling of Jobs
MILWAUKEE (May 29, 2012)
The top 10 hardest jobs to fill in 2012 include:
1. Skilled Trades 6. Drivers2. Engineers 7. Mechanics3. IT Staff 8. Nurses4. Sales Representatives 9. Machinists5. Accounting & Finance Staff 10. Teachers
Manpowergroup 9th Annual Global Survey, May 2012
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Youth Unemployment
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New & Changing Jobs
• Best time ever to imagine career prospects• Nano-mechanic• Old age wellness manager• Memory augmentation surgeon• Weather modification police• Waste data handler• Social networking worker• Personal brander/communications advisor• Stem cell bank manager
Adam Gordon, August 2009, Jobs of the Future, Science and Technology Enabled Employment 2020-2030
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4 Unprepared Workforce
Talent Pipeline
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Leaking Pipeline
National HS graduation rate 75% Trends in U.S. High School Dropout and Completion Rates 1972-2009 - October 2011 National Center for Education Statistics, U.S. Department of Education
60% of HS grads (45%) register immediately for post-secondary programs Fewer than two out of three American high school students (fewer still among minorities) enter postsecondary education immediately following graduation – National Center for Education Statistics
50% of post-secondary students dropout National Center for Education Statistics (2009)
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End of Pipeline
Of 100 students in the educational pipeline inGrade 9:
• 23 will graduate on schedule with post-secondary degree, diploma, certificate
• 53% of college graduates from the classes of 2006-2010 are employed full-time. (U.S. Youth Chamber of Commerce, 2012)
• 50% or more will be “mal-employed” (Statistics Canada and Human Resources & Skills Development Canada)
Most graduates and drop-outs carry student loan debt with uncertain employment prospects and unclear career goals
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“Over the past third of a century all net job growthhas been generated by positions requiring some
post-secondary education.”Pathways to Prosperity, 2011, Harvard Graduate School of Education
• 29% of those who start 2-year degrees finish them within 3 years• 78% of attendees at private for profit postsecondary schools fail to get
a diploma after 6 years• Among 18 countries tracked by OECD the U.S. finished last (46%) for
college completion
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“Over the past third of a century all net job growthhas been generated by positions requiring some
post-secondary education.”Pathways to Prosperity, 2011, Harvard Graduate School of Education
“Only 14% of undergrads enroll in STEM subjects.Only 2 in 5 will graduate with a STEM degree orcertification within 6 years. We must do better.”
President Obama, June 2011
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Economic Impact
What if half (650,000) of the 1.3 million dropouts fromthe class of 2010 had graduated?
• $5.3 billion in increased earnings, stimulating• $4.2 billion in increased spending, resulting in• $12 billion in increased home sales, and• $609 million in auto sales, with• 37,700 new jobs created, adding• $6.7 billion in increased gross national product, and• $499 million in increased state tax revenue (Statistics Canada and Human Resources & Skills Development Canada) Source: Janet Wall, Is Education the Economy Fix?, NCDA Career Developments,Summer 2012 – Citing The Alliance for Excellent Education – www.all4ed.org
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Economic Impact
What if 60% of the 650,000 who would have dropped outwent on to acquire post-secondary qualifications?
• $8.8 billion in increased earnings, stimulating• $6.4 billion in increased spending, resulting in• $22 billion in increased home sales, and• $840 million in auto sales, with• 63,000 new jobs created, adding• $11 billion in increased gross national product, and• $825 million in increased state tax revenue (Statistics Canada and Human Resources & Skills Development Canada) Source: Janet Wall, Is Education the Economy Fix?, NCDA Career Developments,Summer 2012 – Citing The Alliance for Excellent Education – www.all4ed.org
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The Perfect Storm makes a harmonized, whole-community commitment to career and workforce
development an economic imperative.
Whole-community means ALL students, educators, parents, employers, community agencies.
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Benefits of Career Development
Career development makes a positive impact on:
• Retention• Achievement• Transition• Life Success
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Sports Analogy
• Potential future sports stars are discovered young
• Most others: educational maze
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Our Solution: ccEngage
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Whole Community
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