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EMSI LEADERSHIP CONFERENCE EMSI LEADERSHIP CONFERENCE

EMSI LEADERSHIP CONFERENCE - PowerPoint Presentation

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EMSI LEADERSHIP CONFERENCE - PPT Presentation

October 2014 NEW SKILLS AT WORK ABOUT JFF Our Mission JFF works to ensure that all lower income young people and workers have the skills and credentials needed to succeed in our economy ID: 655308

middle skills healthcare skill skills middle skill healthcare jobs occupations high computer career technology demand overview sector nyc economy jff workforce gap

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Slide1

EMSI LEADERSHIP CONFERENCEOctober 2014

NEW SKILLS AT WORK Slide2

ABOUT JFF

Our Mission:

JFF works to ensure that all lower-income young people and workers have

the skills and credentials needed to succeed in our

economy.

Our Vision: The promise of education and economic mobility in America is achieved for everyone.Our Approach: JFF designs and drives the adoption of innovative, scalable approaches and models—solutions that catalyze change in our education and workforce delivery systems.Slide3

NEW SKILLS AT WORK OVERVIEW

JPMC’s landmark five year, $250M global effort to address the mismatch between skills employers need and skills workers possess.

Supported by five national partners (Aspen Institute, Jobs for the Future, National Academies Foundation, National Fund for Workforce Solutions, Year Up and Youth Build).

The initiative will:

Utilize new and existing data sources to identify identify skills most in need for select regions.

Collaborate with local businesses, elected officials, academics and community leaders to create an economic opportunity pipeline.Develop and target training programs to fill identified regional skills gaps.Focus on nine JPMC markets: Chicago, Columbus, Dallas, Detroit, Houston, Los Angeles, Miami, New York, and the San Francisco Bay Area.Slide4

NEW SKILLS AT WORK OVERVIEW: STRATEGIES AND SOLUTIONS

Phase 1: Networking and Orientation

Phase II: Cutting Edge LMI Analysis

a

nd Skills Gap Reports

Phase III: Strategic Assessment and Action Planning

Phase IV: Pathway Design and ImplementationSlide5

NEW SKILLS AT WORK OVERVIEW: ABOUT THE SKILLS GAP REPORTS

Provide

information about how the skills gap impact certain discrete sectors of the economy (e.g. IT, health care) in each market. Adopts the definition of the skills gap as a mismatch between skills jobseekers possess and the skills an employer needs.

Targets

the growing skills gap for middle skill occupations – those that require more than a high school degree but less than a four-year degree.

Serve as regional blueprints to mobilize action and leverage synergies among the following actors to close the skills gap:EmployersCommunity Based OrganizationsEconomic developersEducation system (high school educators, leaders, and community college leaders)FundersPolitical and community leadersWorkforce system (WIB, training providers) Slide6

METHODOLOGY TO IDENTIFY MIDDLE SKILL JOBS

EMSI criteria for “middle skill” occupations:

Percentage of its workforce that possesses a high school diploma and less than a four year degree.

25% or more of the workforce

must

surpass the living wage for families with two adults and one child.Must surpass a minimum growth rate over the past three years. Occupations with limited annual openings are filtered out.6Slide7

CURRENT EDUCATIONAL ATTAINMENTSlide8

EDUCATIONAL ATTAINMENT:

REGISTERED NURSESSlide9

FUTURE EDUCATIONAL ATTAINMENTSlide10

EDUCATIONAL ATTAINMENT:DENTAL ASSISTANTSSlide11

LIVING WAGE (HOURLY)Slide12

MINIMUM GROWTH RATESlide13

ANNUAL OPENINGS

< 10 JobsSlide14

DID WE MISS ANY JOBS?

Did we miss any jobs in the Computer and Information Technology fields?Slide15

CASE STUDY: NEW YORK CITYSlide16



As of 2013, there were 4.27 million people working in New York

City.

Of the 4.27 million, 3.39 million people were employed by the private sector.566,000

were employed by the government.316,000 were self-employed.

NYC ECONOMY OVERVIEW

Source: NYC Tech Ecosystem Slide17

NYC ECONOMY OVERVIEW

While hard hit by the 2008 recession, New York City’s jobs are now growing. Slide18

NYC ECONOMY OVERVIEW

Despite economic growth, some New Yorkers continue to face high unemployment.

Source: Bureau of Labor Statistics

Source: Fiscal Policy InstituteSlide19

NYC ECONOMY OVERVIEW

A significant number of New Yorkers are at a disadvantage. Slide20

HIGH DEMAND INDUSTRIES

Research identifies six target industry sectors that are primary economic drivers for NYC.

Source: EMSI QCEW, Non-QCEW & Self Employed, 2014.2

Category

2013 Jobs

2013-2018 % Change

% Middle-Skill Target Occupations

Healthcare

423,321

14%

37%

Financial and Insurance Services

321,670

1%

33%

Education

273,019

8%

22%

Multimedia Entertainment

109,197

8%

51%

Computer and Information Services

65,993

15%

52%

Corporate Headquarters

64,385

8%

42%

20Slide21

HIGH DEMAND OCCUPATIONS IN HEALTHCARE

Healthcare sector has a wide range of middle skill occupationsSlide22

HIGH DEMAND OCCUPATIONS IN HEALTHCARE

Many middle skill occupations in health care are in high demand and pay family sustaining wagesSlide23

HIGH DEMAND OCCUPATIONS IN THE “TECH” SECTOR

The Tech industry is projected to grow and pay family sustaining wages.

Description

2013 Jobs

Median Hourly Earnings

2013-'18 Average Annual Openings

Computer Systems Analysts

35,708

$43.45

1,307

Information Security Analysts

5,294

$56.84

241

Computer Programmers

25,400

$40.43

905

Software Developers, Systems Software

19,964

$50.55

725

Web Developers

10,378

$34.93

398

Database Administrators

8,465

$43.54

273

Network and Computer Systems Administrators

23,630

$41.84

633

Computer Network Architects

8,689

$53.17

256

Computer User Support Specialists

38,502

$26.31

1,284

Computer Network Support Specialists

10,357

$34.37

253Slide24

HIGH DEMAND OCCUPATINS IN THE “TECH” SECTOR

Jobseekers can find Tech Occupation opportunities across multiple industry sectors.Slide25

EDUCATIONAL GAPS FOR SELECT HEALTHCARE & IT OCCUPATIONS

25Slide26

KEY FINDINGS

Both Healthcare and technology offer significant middle skill

opportunitiesThese sectors have explicit career ladders to middle skill jobs that pay a family-sustaining wage

Jobseekers

can find

technology occupation opportunities across multiple industry sectorsSkill requirements for various healthcare occupation groupings are changingConflicting research findings about required credentials for middle skill tech occupationSlide27

BUILDING A CAREER PATHWAY APPROACH TO EDUCATION AND TRAINING PROGRAMSSlide28

SAMPLE HEALTH DESK PATHWAY

Technology and healthcare offer clear career pathways to middle skill jobs.Slide29

SAMPLE HEALTH INFORMATION PATHWAY

Technology and healthcare offer clear career pathways to middle skill jobs.Slide30

RECOMMENDATIONS

Expand a sector-focused workforce development system.Create additional career pathways aligned with labor

demand in healthcare and technology.Develop funding strategies that can sustain and scale a system of career pathways and expand the sector-focused

approach

to workforce development.

Implement policies that incentivize a systemic approach to sector-focused career pathway development. Ensure New Yorkers are aware of the middle-skill job opportunities in healthcare and technology. Slide31

TEL 617.728.4446 FAX 617.728.4857 info@jff.org

88 Broad Street, 8

th

Floor, Boston, MA 02110

122 C Street, NW, Suite 650, Washington, DC 20001

WWW.JFF.ORG

Myriam Sullivan, Senior Project Manager

msullivan@jff.org

TEL 208-883-3500 FAX 208-882-3317

409 South Jackson Street

Moscow, ID 83843

http://www.economicmodeling.com/