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…


Slide 3:The needs of the 21st Century workforce have changed significantly.


Slide 4:30-40% 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)


Slide 13:Out of every 100 Kentucky ninth graders….


Slide 14:….65 graduate from high school….


Slide 15:….39 enter college….


Slide 16:….26 are still enrolled in the sophomore year….


Slide 17:…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