The Demand-Driven Workforce Investment System

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Presentation transcript:

The Demand-Driven Workforce Investment System Supporting employers to grow a competitive workforce

Workforce Investment System = Economic Development Building and retaining a qualified and productive workforce is essential to enable every U.S. business to be successful, to promote job creation, and to grow our nation’s economy.

What is the Workforce Investment System? The public workforce investment system provides employment and training services and resources to employers, job seekers and youth. Over 3500 “One-Stop” Career Centers and 600+ workforce investment boards are an integral part of the workforce system. A new vision has emerged for this system – a Demand-Driven Vision for America’s workforce investment community. This Demand-Driven system partners with businesses, economic development, community colleges, and other stakeholders to build a skilled workforce and meet the needs of today’s businesses. The focus of the System is on High Growth/High-Demand industries that impact significant job growth and are vital to economic viability.

Components of a Demand-Driven System? Knowing where the jobs are – both new jobs and current jobs that may be changing Knowing the skills and competencies necessary to do those jobs Understanding the labor market context Strategic investment of $15 billion public workforce system resources Working collaboratively with business and training providers to develop workforce solutions.

Demand-Driven Vision Statement The workforce system is the catalyst that accesses human capital for businesses; employers define the skill requirements for the jobs they create/make available, and community colleges, other training providers and apprenticeship programs teach the skills and tailor programs to meet employer demand. Emily Stover DeRocco; Assistant Secretary; ETA

A Demand-Driven System is . . . Future-oriented, looking beyond current in-demand jobs, and focused on preparing the workforce for high growth careers and occupations of the future; The catalyst for forming sustainable partnerships with businesses, industry leaders, economic development, and educational communities to create programs that equip workers with skills for future demand occupations; The resource that provides businesses with the human capital necessary to meet demand.

Demand-Driven System: Key Characteristics Uses research and economic development planning in its approach Competency modeling Strategies for growing/recruiting businesses Offers solutions Integrate multiple public funding streams into a cohesive strategic service strategy Reach Untapped Labor Pools Reach Underutilized Talent Partners with economic development, businesses, and education

Partnership Roles of the System Industry defines the workforce challenges Community Colleges assist in developing competency models and curricula The public workforce system accesses human capital and places trained workers in jobs

High Growth/High-Demand & Economically Vital “High Growth/High-Demand & Economically Vital” includes . . . Industries with significant job growth Industries that are critical to the economic viability and development of the community, state, and nation Industries that significantly impact other growth industries New and emerging industries Automotive Services Biotechnology Geospatial Construction Health Services Information Technology High-Tech Manufacturing Retail Transportation Hospitality Financial Services Energy National Model Industries:

Workforce3 One Employer Community Participate in peer-to-peer high growth industry specific Forums Access Innovations in Action – partnerships with the workforce system that have benefited employers Find the One-Stop Career Center [link to service locator] closet to you Get Resources that help you and your workforce stay competitive Learn more about the workforce system through our Webinars from key leaders