a growing skills gap is hampering our progress cincinnati region is adding jobs but, 50% employers...

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Page 1: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

Page 2: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS

Cincinnati region is adding jobs

But, 50% employers struggle to fill jobs

30,000+ jobs open today, despite 130,000+ people looking for work

Page 3: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

PCW IS OUR REGION’S EFFORT TO CLOSE THE SKILLS GAPPartners for a Competitive Workforce is a tri-state partnership, managed by United WayWe are 150+ organizations joining efforts…> employers> workforce boards> chambers and economic development> education and training institutions> community organizations

… to go farther, faster.

Page 4: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

Sector partnerships are closing the skills gap in key industries

HEALTH CARE ADVANCED MANUFACTURING

CONSTRUCTION

> identify industry skill needs

> align curriculum with industry demand

> upgrade skills through boot camps or apprenticeships

> develop career pathways

> identify industry credentials

> improve pre-screening, retention, and advancement practices

INFORMATION TECHNOLOGY

Page 5: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

WE ARE DELIVERING RESULTS FOR WORKERS7,800+ trained

80% obtaining employment

73% retained for 12 months

Increased annual earnings by up to $7,500; $7.3M per year total

Page 6: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

WE ARE DELIVERING RESULTS FOR EMPLOYERS

750+ employers served

Positive ROI through reduced

turnover and recruitment costs

$40M public/private

funds leveraged

National model

Page 7: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

• Monetized benefits:– Increased retention provides up

to $69,000/year savings, 11.9% ROI

– Wage gains for employees: $18.95/hr vs. $16.15/hr

• Non-Monetized benefits:– Increased racial diversity: 8-12%

difference in team composition– Improved staff morale and

engagement

WE ARE DELIVERING RESULTS FOR EMPLOYERSHealth Careers Collaborative ROI

Studies

Page 8: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

TALENT PIPELINE VISION

Every Student

Every Semester

From 4th-12th Grades

Career-based Learning Experience

Engaged and Prepared for Post-SecondaryEducation and Career Success

Page 9: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

FOCUS AREA/STRATEGIC CHOICES• Data “deep dive” – identify local best practices and target

groups to be served to enable taking our work to scale – in order to meet Income Bold Goal

• Start the conversation about the impact of job quality on achieving economic self-sufficiency

• Expand the Talent Pipeline work

• Pilot the use of Design Thinking and 2-generation strategies to increase the number of women in manufacturing and the number of parents who encourage their children to pursue technical careers

Page 10: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

For more info, see these case studies…

http://www.livingcities.org/knowledge/media/?id=153

http://www.livingcities.org/knowledge/media/?id=147

http://www.fsg.org/FSGNews/NewsEventsDetails/ArticleId/985/New-Collective-Impact-Resources-8-Case-Studies-of-Successful-Initiatives.aspx

Page 11: A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers struggle to fill jobs 30,000+ jobs open today, despite

THANK YOU!

Janice UrbanikExecutive DirectorPartners for a Competitive [email protected]

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A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS

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