a growing skills gap is hampering our progress cincinnati region is adding jobs but, 50% employers...
TRANSCRIPT
![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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/1.jpg)
![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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/2.jpg)
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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/3.jpg)
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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/4.jpg)
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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/5.jpg)
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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/6.jpg)
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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/7.jpg)
• 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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/8.jpg)
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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/9.jpg)
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](https://reader030.vdocuments.mx/reader030/viewer/2022032803/56649e1b5503460f94b09700/html5/thumbnails/10.jpg)
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