1. Department of Labor and Regulation
Want to share message with local office that I have been sharing with the public and relate it to where we are focusing our efforts.
Updated speaking numbers from Dawn. Approximately 37 presentations to 1500 people.
Department of Labor and Regulation
Marcia Hultman
Secretary

2. Sdjobs.org. this site is the bomb.
As future leaders, knowledge is power. Lots of data available regarding labor market information.
My department is very diverse. On the labor side – many workforce/labor related programs.
Regulation side – State chartered banks, insurance, securities, and licensing boards and commissions.

3. Workforce Landscape Unemployment Rate = 3.1%
Total Job Openings in SD = 16,404
# of Unemployed/Job Opening = 0.50
SD Labor Force Participation Rate = 67.9%
SD #1 for Multiple Job Holders = 8.5%
Biggest problem facing South Dakota and the nation. Workforce.
I want to set the stage data… Not to make judgements, not to paint a bleak picture for employers – but to simply provide the data supporting what I hear anecdotally from business across the state.
South Dakota, June 2018, seasonally adjusted unemployment rate = 3.2 percent. (Tied for 12th lowest in nation – this is an interesting relatively new trend as typically we have had the lowest)
16,404 current jobs available on August 19, (This is real time data that can be updated daily)
# of unemployed per job opening in June 2018 = 0.50
Unemployed = 14,825
Job Openings = 29,678
Labor force participation rate in South Dakota, Population 16 years and over, 2016 = 67.9% (9th highest)
National rate for same = 63.1%
SD consistently has a high multiple job holder rate data shows SD #1 at 8.5%, followed by Iowa at 8.1% and Nebraska at 7.9%.
National average = 4.9% (Reasons: 1. money, 2. job needs to be done, 3. fun/passion)

4. Youth Labor Force Participation Rate
16 to 19 year olds
1989 U.S. = 77.5%
2005 U.S. = 47.5% SD = 61.3%
2016 U.S. = 38.4% SD = 53.2%
Third highest in nation.
Important for us to focus on this rate. Key to helping prepare youth for their future and meeting workforce needs of our local employers.
How old were you when you had your first job?
What type of things did you learn at your first job?
Why aren’t kids working as much today?
How do we re-engage kids in the workforce?
New math. May take 3 kids to fill one position. 34,000 kids 16 to 24 not in workforce. If it takes three kids to fill one position, that’s an increase of 10,000 workers if everyone is working.
My focus is going to be on youth and those likely to remain in our communities. Youth involvement in the workforce is key to retention. (1st time I will say this – will be repeated throughout remaining slides.)

5. We got what we wanted. Kind of.
We got what we wanted. More of our kids are going to post secondary education. But the question is – are they going to the right training program for them? Are they in a training program that prepares them for a job? We need to match technical training with the skills needed.

6. 30% stay in local community.
*Estimate based on historical data
Think about the last slide. More kids are going to post secondary training, which is great. But how are they doing there? This deserves a hard look. Pirate/philosopher/bartender/business degree story.
30% stay in local community.
By the time you get to earn a college credential – lost 77 of the hundred? Where are they? What are they doing? Did they incur debt along the way?

7. CareerLaunchSD.com MICROSITE
The site went live May 2:
Marketing efforts will point audience here.
Call to action – Fill out short form.
Interested applicant
Potential business sponsor
Program Specialist will assign out.
URL
We have selected careerlaunchsd.com for simplicity.
The .com was intentionally selected so there was not a government association, which could make our audience less receptive.

8. Contact Information