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March 19, 2015 Wisconsin’s Labor Force Dennis Winters Chief, Office of Economic Advisors Department of Workforce Development March 19, 2015 WISCONSIN’S LABOR FORCE
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March 19, 2015 Wisconsin’s Labor Force 2 FIRST OF ALL, YOU NEED TO UNDERSTAND WISCONSIN’S ECONOMY
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March 19, 2015 Wisconsin’s Labor Force 3 THE ECONOMY HAS CHANGED AND SO MUST WE
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March 19, 2015 Wisconsin’s Labor Force 4 ECONOMIC RECOVERY HOW IS THIS ONE NOT LIKE THE OTHER ONES
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March 19, 2015 Wisconsin’s Labor Force 5 JOBS RECOVERY HOW IS THIS ONE NOT LIKE THE OTHER ONES
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March 19, 2015 Wisconsin’s Labor Force 6 So, what will be the biggest socio-economic policy challenge in the next 20 years?
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March 19, 2015 Wisconsin’s Labor Force 7 ELDERLY NUMBERS WILL SWELL WIDEN THE SIDEWALKS WILL YA !?
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March 19, 2015 Wisconsin’s Labor Force 8 OR PERHAPS THE MORE INTERGENERATIONAL VERSION
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March 19, 2015 Wisconsin’s Labor Force 9 WISCONSIN’S WORKFORCE GROWTH BECOMES FLAT Source: WI Population Center, DOA; OEA
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March 19, 2015 Wisconsin’s Labor Force 10 MILWAUKEE METRO’S WORKFORCE GROWTH BECOMES LESS THAN FLAT Source: Bureau of Labor Statistics, OEA, US Census Bureau American Community Survey, WI DOA
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March 19, 2015 Wisconsin’s Labor Force POPULATION DYNAMICS IN ACTION BOOMERS TO MILLENIALS Source: OCS, OEA
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March 19, 2015 Wisconsin’s Labor Force 12 NURSING WORKFORCE IN WISCONSIN, 2012 DEMOGRAPHICS AT WORK Source: Office of Economic Advisors
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March 19, 2015 Wisconsin’s Labor Force 13 Latest Beige Book noted that firms had difficulties filling positions in: IT, building trades, engineering, legal, health-care services, management, skilled manufacturing, and transportation and warehousing. HAVING TROUBLE FINDING WORKERS? GET IN LINE
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March 19, 2015 Wisconsin’s Labor Force QUANTITY CHALLENGES AT ALL SKILL LEVELS
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March 19, 2015 Wisconsin’s Labor Force 15 SOME INNOVATIVE EFFORTS
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www.WisconsinFastForward.com Employer-led Align worker skills with employer needs Partner with local organizations Develop sustained pipelines $15 million to align training with job needs
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www.WisconsinFastForward.com BLUEPRINT FOR PROSPERITY $35 million to expand Wisconsin Fast Fowrard Reduce wait lists at technical colleges Encourage collaborative projects Training Workers with Disabilities Grant Project SEARCH Expansion
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Short to Medium Term: 1.Less than 1-year in duration to complete courses 2.Can consist of multiple training modules 3.2-year maximum duration for overall project Does not replace existing, routine operational training Not addressed through an existing training program Is repeatable, portable, and scalable Enhances sustainability/growth of the business and workforce Provides opportunities for trainee income and career growth Training Requirements www.WisconsinFastForward.com
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Eligible Training Costs A list of eligible training costs follow: Curriculum development Instruction Instructional Materials Instructional Supplies /Operating Expenses Facility Rental Consultant/Contractual Travel, Meals, Lodging Administrative Costs (up to 5% of total project budget) www.WisconsinFastForward.com
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$8M in Round 3 Grants DeadlineIndustry/SectorAward RangeMatch September 23Manufacturing Occupations$5,000 to $400,000$1 : $1 September 30Construction Trades & Related Occupations Transportation, Logistics & Distribution Occupations $5,000 to $400,000$1 : $1 October 7Financial Services Occupations Information Technology Occupations $5,000 to $400,000$1 : $1 October 14Customer Service Occupations$5,000 to $400,000$1 : $1 October 21Agriculture & Related Occupations Health Care and Related Occupations Small Businesses (50 or fewer full-time employees) $5,000 to $400,000 $5,000 to $50,000 $1 : $1 $.50 : $1 www.WisconsinFastForward.com
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BLUEPRINT FOR PROSPERITY $28 million in Wisconsin Fast Forward grants to reduce technical college wait lists Highlights include: Sixteen technical colleges awarded grants $28,021,052 awarded 100 programs funded 4,908 student slots
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Skilled Worker Investments Program SummaryContracted Students Wisconsin Fast Forward Round 11,920 Round 24,691 Round 3 Round 4 Blueprint for Prosperity Technical College Wait List4,890 High School Pupil949 Persons with Disabilities TOTAL12,450 Technical College/AgencyTotal Funding Contracted Total Programs Contracted Contracted # of Students to be Trained Blackhawk Technical College$419,524238 Chippewa Valley Technical College$1,223,5409196 Fox Valley Technical College$3,602,39219856 Gateway Technical College$1,894,53114756 Lakeshore Technical College$1,384,5308352 Madison Area Technical College$5,009,7109934 Mid-State Technical College$348,743368 Milwaukee Area Technical College$2,590,5184546 Moraine Park Technical College$1,217,9974126 Nicolet Area Technical College$1,921,5446303 Northcentral Technical College$2,264,8124163 Northeast Wisconsin Technical College$1,082,653472 Southwest Wisconsin Technical College$910,622478 Waukesha County Technical College$1,393,6084150 Western Technical College$1,564,2293192 Wisconsin Indianhead Technical College$884,362260 TOTALS$27,713,315994,890 www.WisconsinFastForward.com
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Investments to Date Program Act 9 AllocationGPAs Applicant Requested OSD Intent to Award Applicant ContractedDisbursed Act 9 Funds Remaining Round 1$2,700,000$4,071,699$2,604,943$2,599,158$353,606 Round 2$7,500,000$6,041,039$3,429,005$3,374,041$0 Round 3$8,000,000$0 Technical College Wait List$31,000,000$38,696,551$28,021,052$27,713,315$0 High School Pupil$1,500,000$3,209,750$2,126,239$2,125,939$0 Persons with Disabilities$1,850,000$850,000 $0 Administration (2.97%)$1,050,000 $0 TOTALS $50,400,000$53,600,000$53,919,039$38,081,239$36,862,453$353,606$13,537,547 www.WisconsinFastForward.com
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March 19, 2015 Wisconsin’s Labor Force 24 THIS IS NOT YOUR FATHER’S ECONOMY DON’T BE THE AFT ‘ER THOUGHT
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March 19, 2015 Wisconsin’s Labor Force 25 Questions ?
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March 19, 2015 Wisconsin’s Labor Force 26 Dennis Winters Phone: 608-267-3262 Email: dennis.winters@dwd.wisconsin.gov Website: www.dwd.wisconsin.govwww.dwd.wisconsin.gov OEA website: www.dwd.wisconsin.gov/oeawww.dwd.wisconsin.gov CONTACT INFORMATION
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