A PERFECT STORM Hits Job Markets Across the Country Whole-Community Approach Needed to Weather the Storm

Storm Warnings 1 Great Recession Recession 2 Aging Population Population 4 Unprepared Workforce Workforce 3 Upskilling of Jobs Jobs

Dependency Ratio Aging Population

3 Upskilling of Jobs Rick Miner, PhD, 2010, People Without Jobs, Jobs Without People

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.

Upskilling of Jobs MILWAUKEE (May 29, 2012) The top 10 hardest jobs to fill in 2012 include: 1. Skilled Trades6. Drivers 2. Engineers7. Mechanics 3. IT Staff8. Nurses 4. Sales Representatives9. Machinists 5. Accounting & Finance Staff10. Teachers Manpowergroup 9 th Annual Global Survey, May 2012

Youth Unemployment

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

4 Unprepared Workforce Talent Pipeline

Leaking Pipeline National HS graduation rate 75% Trends in U.S. High School Dropout and Completion Rates 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)

End of Pipeline Of 100 students in the educational pipeline in Grade 9: 23 will graduate on schedule with post-secondary degree, diploma, certificate 53% of college graduates from the classes of 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

“Over the past third of a century all net job growth has 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

“Over the past third of a century all net job growth has 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 or certification within 6 years. We must do better.” President Obama, June 2011

Economic Impact What if half (650,000) of the 1.3 million dropouts from the 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 –

Economic Impact What if 60% of the 650,000 who would have dropped out went 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 –

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.

Benefits of Career Development Career development makes a positive impact on: Retention Achievement Transition Life Success

Sports Analogy Potential future sports stars are discovered young Most others: educational maze

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Whole Community