Addressing Workforce Challenges Rev 2

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Slide 1: 

Addressing the impending workforce shortage in our communities. Larry Ferguson, BS, MS Director of Business and Industry Services Email: larry.ferguson@KCTCS.eduPhone: 606-326-2232

Challenging conditions… : 

Challenging conditions…

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The needs of the 21st Century workforce have changed significantly.

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30-40% of the jobs available in seven years have not yet been created.

Education and Jobs in the U.S. : 

Educational Testing Service 2003: Standards for What? The Economic Roots for K-16 Reform Professional 20% Unskilled 60% Skilled 20% Skilled 62% Unskilled 12% Professional 26% 1950 2000-2010 Education and Jobs in the U.S.

Quick facts… : 

Quick facts… 75% percent of the jobs in the new economy will not require a bachelors degree (Source: U.K. Department of Workforce Development)

Top Two Industries: Healthcare and Information Technology : 

Top Two Industries: Healthcare and Information Technology

Quick facts… : 

Quick facts… U.S. Department of Labor: 5 Fastest Growing Occupations Home health aides / SRNA Network systems and data communications analysts Medical assistants Physician assistants Computer software engineers and applications

Where the Jobs Will Be in Kentucky : 

Where the Jobs Will Be in Kentucky Source: Kentucky Education Cabinet, 2005 data

Availability of Workers : 

Availability of Workers By 2010 baby boomers will be retiring in droves Every day, 11k baby boomers turn 50 There are 76,000,000 baby boomers There are only 43,000,000 GenXers (Source: Bureau of Labor Statistics) Reality Check: Every day in Ohio 14 people turn 65. By 2012 that number grows to 119 retirees per day. (Source: Ohio Public Expenditure Council)

Qualified Workers : 

Qualified Workers ACT’s four college readiness benchmarks: -English, Algebra, Social Sciences and Biology -Only 23% of high school graduating seniors meet the benchmarks Workers over 25 without a high school diploma: -Boyd County: 22% -Greenup County: 24.9% -Carter County: 35.6% (Source: 2000 U.S. Census)

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Out of every 100 Kentucky ninth graders….

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….65 graduate from high school….

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….39 enter college….

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….26 are still enrolled in the sophomore year….

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…and 15 graduate from college.

Hidden Challenges : 

Hidden Challenges Drug and alcohol abuse Absenteeism Unprofessional Bad work ethic

Questions? : 

Questions? Larry FergusonAshland Community & Technical College Director of Business and Industry Services Email: larry.ferguson@KCTCS.eduPhone: 606-326-2232