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1 Wellington Regional Economic and Employment Summit Linda Sissons CEO Wellington Institute of Technology WRLMS Steering Group 8 April, 2009 Slide 2 2 THE RECESSION WHATS DIFFERENT? -Coming off full employment -Work habits and expectations -Focus on: Productivity Innovation Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit Slide 3 3 THE RECESSION WHATS THE SAME? -Skillpoor getting even poorer -Marginalised wont be able to get a foot on the ladder -Skills gaps persist Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit Slide 4 4 WHAT SKILLS GAPS? -Lean Thinking -Productivity -Literacy and Numeracy -Management Skills Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit Slide 5 5 CRYSTAL BALL GAZING -57% dont intend to hire new apprentices -83% believed their industry would drop apprenticeships in next 1 2 years -58% see recession as an opportunity -74% think Government assistance would help to keep or grow skills Business NZ Survey Feb 2009 Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit Slide 6 6 CRYSTAL BALL GAZING Hudson Hiring Intentions for Quarter 2: 19% drop in employers intending to hire from Quarter 1 Hudson Survey March 2009 Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit Slide 7 7 A fresh look at in work / not in work Its not Black and White Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit Slide 8 8 HOW CAN WE HELP? When the start point is in work: 10 th day ideas: -Embedded LLN -Lean Thinking -Productivity and waste reduction Apprentice Finishing School Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit Slide 9 9 HOW CAN WE HELP? When the start point is not in work: Infrastructure training scheme Youth Guarantee Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit Slide 10 10 YOUR LOCAL ITP PART OF THE SOLUTION Plant/equipment Advice Recognition of Current Competency National Qualifications Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit Slide 11 11 RESOURCES Wellington Regional Labour Market Strategy Linda Sissons (linda.sissons@weltec.ac.nz)linda.sissons@weltec.ac.nz Wellington Institute of Technology (WelTec) Penny Robson (penny.robson@weltec.ac.nz) Wellington Regional Labour Market Summit Wellington Regional Economic and Employment Summit