1. The Importance of Manufacturing and Industrial Trades Careers Dr. Josh Bullock, President

2. Manufacturing’s impact Major Impact Largest share of exports R&D Intensive Manufacturing pays 19% higher than non-manufacturing.

3. The “NEW” Manufacturing Age The Rise of On-shoring Rebounding labor market Regional Manufacturing Skill intensive

4. Looming labor shortage is real Major challenges in recruiting skilled labor. Talent gap a major risk in achieving business strategy. Two-thirds of job openings require post- secondary education.

5. Future Labor Pool Looks Bleak Manufacturing is important to the economy

6. Future Labor Pool Looks Bleak Manufacturing is important to the economy Mfg. Classes are not related to my/my child’s future

7. THE FUTURE WORKFORCE SKILLED WORK WILL DOMINATE

8. Manufacturing is Evolving Skilled jobs will far outpace others

9. Skilled Work in Illinois

10. 2007

11. Manufacturing by the Numbers

12. Degree Attainment in Illinois ADDITIONAL ANNUAL INCREASE NEEDED 5.4% ADDITIONAL NUMBER OF DEGREES NEEDED TO MEET WORKFORCE IN 2025 1,273,954 40.8 percent of working adults (age 25-64) hold at least a 2- year college degree

13. Thank You