State Strategies for Stabilizing the Economy and Promoting Renewed Economic Growth Andy Kopplin Assistant Chief of Staff Governor Mike Foster, Louisiana

Vision 2020 Education & Workforce Initiatives K-12 School Accountability Program Pre-K Introduced Dramatically increased PreK-12 funding Community and Technical College System Created Dramatically increased Postsecondary Education funding Workforce Commission Created $50 million Incumbent Worker Training Program Created Unified State Plan Implemented for WIA

IWTP Performance (as of 12/05/01) Workers Trained Employers Particpating 43,368 $62.4 M 340 $17.7 M Increase in Earnings New Job Creation 14% (avg.) 10,692 Positions

Vision 2020 Efforts to Promote Diversification, Innovation Reorganized Department of Economic Development around Industry Clusters Targeted Research Dollars to Information Technology (2001) and Biotechnology, Biosciences (2002 proposed) Major technology parks established in New Orleans (1996), Baton Rouge (2000), and Lafayette (2001)

Times are tough, Particularly Where Manufacturing Dominates States in Recession, December 2001

But now nearly every state is facing a budget shortfall State Budget Shortfalls 2002

Addressing Immediate Human Capital Needs Rapid Response—One Stop System on Center Stage with all hands (silos) on deck Incumbent Worker Funds—Going to Address Retention Issues in Fragile Industry Clusters TANF Funds—Workforce Commission and Technical Colleges develop Innovative Programming to Increase the Availability of Skilled Labor By Lifting Pre-Pell Eligibles Into Post-Secondary Education

Addressing Long-Term Human Capital Needs Maintain Vision 2020 investments in PreK-12 and Post-Secondary Education Maintain Industry Cluster approach and build training and post-secondary education infrastructure for those industries –IBC’s –Incumbent Worker funds –Strategic focus on developing the workforce required of 21 st century employers

Sustaining Private Partnerships Cluster Approach to addressing Industry Needs— Linking Economic and Workforce Development Efforts through IBC’s Retaining Industry Focus with Incumbent Worker Programs (while shifting from expansions to retentions) Increasing involvement of Private Sector leaders in State Commissions and local boards

Maintaining Progress With System Reform Galvanizing multi-agency cooperation in the One- Stop system to address the immediate needs of employers/employees (no time for turf/mou battles) Utilizing increased workloads to better define mission/responsibilities and avoid duplication Strengthening business partnerships by being responsive to current needs (no longer tight labor markets but the need for state training aid to help existing workforce transition to new market requirements—LA Pacific)