Workforce Impact Fund A proactive investment

Transcript:Workforce Impact Fund A proactive investment:
Workforce Impact Fund A proactive investment impacting lives, the economy and communities across Washington state Washington Workforce Toolkit 1 William Westmoreland Chief Executive Officer, Pacific Mountain WDC Washington Workforce Toolkit 2 WORKFORCE IMPACT FUND A $50 million annual state investment in a Workforce Impact Fund would give Local Boards adaptable funding to build on their success in employer engagement and job seeker training and placement that meets the workforce needs of today and tomorrow. The investment would: Grow the robust employer engagement efforts in each region. Serve job seekers, matching them to the many partner agencies to upskill and train them for the good-paying careers in their communities. Proactively engage more job seekers and employers to help them weather the economic ups and downs. IMPACTING OPPORTUNITY WORKFORCE IMPACT FUND Local Boards partner with organizations that work toward removing barriers and that work with… the local business community, the food industry, state agencies, schools, universities, and other various organizations to help job seekers find jobs and get training, help business fill positions and increase retentions, and help build a strong workforce. Workforce development requires participation from a variety of groups, including, but not limited to, business, economic development, education, labor, government, nonprofit and community organizations. IMPACTING PARTNERSHIPS WORKFORCE IMPACT FUND Local Workforce Development Boards serve employers and job seekers and are an integral part of a vibrant and resilient local economic ecosystem. IMPACTING LOCAL ECONOMIES WORKFORCE IMPACT FUND Miriam Halliday Chief Executive Officer Workforce Southwest Washington Washington Workforce Toolkit 6 On the heels of the pandemic and in a time of economic uncertainty, the need is growing. Local Boards impact lives, serving diverse clients into good-paying jobs with the goal of long-term economic security. IMPACTING LIVES In 2021, Local Boards served over 26,117 in the following priority populations (from PIRL report): 9,799 BIPOC 5,761 Low Income 5,018 Older Workers 2,200 Ex-Offenders 2,901 English Language Learners 1,175 Homeless 19,462 Unemployed By leveraging a local network of partners, Local Boards served: Adults, youth and dislocated workers’ support (cradle to career support) Special needs populations Equity focused populations Comprehensive services to help job seekers connect to a career pathway that leads to self-sufficiency WORKFORCE IMPACT FUND Career pathways and career exploration through a self-sufficiency calculator and financial coaching support to understand income needs and the current job market and skills needed to meet those needs. Career development plans customized to individual worker’s needs and