talent & supply: the changing needs of our region, local perspective

Talent & Supply:

The Changing Needs of Our Region

Lisa HildrethSherpa

What Industries Are Represented?

• Financial Services• Energy• Health Care• Manufacturing• Real Estate/Construction• Retail/Distribution• Education/Non-Profit• Services• Other?

What Functional Areas Are Represented?

• Finance/Accounting• Technology• Engineering• Sales/Marketing• Operations• Human Resources• General Management• Other?

Unemployment Realities

Jan-07

Mar-07

May-07

Jul-07

Sep-07

Nov-07Jan

-08

Mar-08

May-08

Jul-08

Sep-08

Nov-08Jan

-09

Mar-09

May-09

Jul-09

Sep-09

Nov-09Jan

-10

Mar-10

May-10

Jul-10

Sep-10

Nov-10Jan

-11

Mar-11

May Jul0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

Unemployment Rates 2007 - July 2011

USUS, BSBA+NCCharlotte MSA

The US overall unemployment rate

consistently runs 90-150% higher than the US unemployment rate

for BS/BA+.

Workforce Paradox:

Short on Talent, Not Just Jobs

tammyerickson.com

Population 2010 vs. 2000 Per US Bureau of Labor Statistics

Age Group Growth

Under 18 2.6%18 to 44 0.6%45 to 64 31.5%

65+ 15.1%Total 9.7%

IT Hiring Hits 4 Yr High, June 11Per Wanted Analytics, July 11, 11

Hiring Demand For Recruiters – 4 YearsPer Wanted Analytics, April 11, 2011

Forbes names Charlotte as the #8 Next Big Boom Town in the U.S.

- Forbes.com, July 6, 2011

1. Austin2. Raleigh3. Nashville4. San Antonio5. Houston6. Washington, DC7. Dallas8. CHARLOTTE9. Phoenix10.Orlando

America’s Top States for Business, 2011

OVERALL RANKINGS

Top Five

  1. Virginia2. Texas

3. North Carolina4. Georgia5. Colorado

(a CNBC Special Report)

2011 Charlotte Chamber Economic Development Successes3,533 jobs

$311 million capital investment

Post Recession Turnover

• Stale• Pent Up Demand• Trust Lost• Generation Y

Are You Ready to Play Offense?

Your Ideas for Offense!

• Closing the talent gap• Aging workforce ideas• Be the employer of choice• Retention ideas