Donna Reihl, Ph.D. Donna Reihl, Ph.D. C.T.R.S., C.T.R.S., C.P.R.PC.P.R.P

Director of ExtensionsDirector of ExtensionsThe Community College of The Community College of

Baltimore CountyBaltimore CountyHunt Valley/Owings MillsHunt Valley/Owings Mills

Economic TrendsEconomic Trends

• The gap between wealthy, middle, and the The gap between wealthy, middle, and the poor has grown nationally poor has grown nationally

• Past & future employment growth in Past & future employment growth in Maryland & Baltimore remains Maryland & Baltimore remains concentrated in health, business, concentrated in health, business, professional, and high techprofessional, and high tech

• Construction & trades are projecting labor Construction & trades are projecting labor shortagesshortages

Economic cont’dEconomic cont’d

• There will be less of a national There will be less of a national competitive economy & increased competitive economy & increased global economy with regions feeding global economy with regions feeding into the global economyinto the global economy

• Increased CompetitionIncreased CompetitionIncrease in Increase in products and servicesproducts and services

Economic cont’d.Economic cont’d.

• Energy costs will continue to riseEnergy costs will continue to rise

• By 2010 fastest growing economies:By 2010 fastest growing economies:• Former Soviet blocFormer Soviet bloc

• IndiaIndia

• ChinaChina

National Labor ForceNational Labor Force

• US labor force will be guided by:US labor force will be guided by:•Pace of technological changePace of technological change

•Shifting demographic patternsShifting demographic patterns

•Quickening rate of economic globalizationQuickening rate of economic globalization

• Boomers may be delaying retirement Boomers may be delaying retirement

• Technology will require a highly skilled Technology will require a highly skilled workforceworkforce

National Labor Force cont’dNational Labor Force cont’d

• Workforce – Workforce – • small core of permanent, benefited workerssmall core of permanent, benefited workers•Growing contractualGrowing contractual• Increasing part timeIncreasing part time

• Top 10 occupations to 2012Top 10 occupations to 2012•RN’s, teachers, retail, customer service, food RN’s, teachers, retail, customer service, food

prep/service, janitors, cashiers, general prep/service, janitors, cashiers, general operations managers, wait staff, nursing operations managers, wait staff, nursing aides/orderlies/attendantsaides/orderlies/attendants

•Of the 30 fastest growing occupations- 15 are in Of the 30 fastest growing occupations- 15 are in health carehealth care

Political TrendsPolitical Trends

• Protecting the environmentProtecting the environment

• EnergyEnergy

• Demands for tax cutsDemands for tax cuts

• Transparent Operations & increase in accountability Transparent Operations & increase in accountability of organizationsof organizations

• Political party identificationPolitical party identification

• Local institutions will focus on Local institutions will focus on – CrimesCrimes– SchoolsSchools– InfrastructureInfrastructure

CompetitionCompetition

• Standards of Quality becoming clearer, more Standards of Quality becoming clearer, more defined, and more retrievabledefined, and more retrievable

• Encouraging competition among competitorsEncouraging competition among competitors• The customer will define more of the who, The customer will define more of the who,

what, when, where & how of organizationswhat, when, where & how of organizations• Rising value of skill/professional Rising value of skill/professional

certifications certifications • We are no longer constrained by what we We are no longer constrained by what we

sell, but by what people buysell, but by what people buy• Innovation will be the next “BIG” thingInnovation will be the next “BIG” thing

TechnologyTechnology

• Omnipresent computingOmnipresent computing

• Powerful computing devicesPowerful computing devices

• Hacking, e-terrorism will continue to Hacking, e-terrorism will continue to plagueplague

• On line learning is expandingOn line learning is expanding

• Digital Divide will narrowDigital Divide will narrow

Societal ValuesSocietal Values

• America has one of the world’s most America has one of the world’s most traditional value systemstraditional value systems

• Success evolved from working hard, Success evolved from working hard, education, integrity, and honestyeducation, integrity, and honesty

• Growing inequality between affluent and Growing inequality between affluent and working poorworking poor

• Non-native borns will be a prominent Non-native borns will be a prominent segment of gateway cities such as Miami, segment of gateway cities such as Miami, N.Y, L.AN.Y, L.A

Societal Values cont.Societal Values cont.

• Hispanics/Latinos – fastest growing Hispanics/Latinos – fastest growing minority populationminority population– Projected to be 50% of workforce by Projected to be 50% of workforce by

20202020

• Hyper tasking will continueHyper tasking will continue

• Americans will continue to re-invent Americans will continue to re-invent themselves periodicallythemselves periodically

Education TrendsEducation Trends

Education Trends (locally):Education Trends (locally):• Baltimore Co. school enrollment will decrease Baltimore Co. school enrollment will decrease

from 2000’s to 2014 as the country agesfrom 2000’s to 2014 as the country ages• 13.7% of students receive special education 13.7% of students receive special education

servicesservices• The state average tuition rate increase from The state average tuition rate increase from

2003-05 was 7% for Community Colleges 2003-05 was 7% for Community Colleges • 4 yr. college or university average tuition 4 yr. college or university average tuition

raise was 16% for state schools, 20% for raise was 16% for state schools, 20% for private institutionsprivate institutions

Education Trends cont’d.Education Trends cont’d.

Education Trends (USA):Education Trends (USA):• Skills such as conflict resolution, problem Skills such as conflict resolution, problem

solving, reasoning, communication, solving, reasoning, communication, writing continues to be valuedwriting continues to be valued

• The demand for K-12 teachers will The demand for K-12 teachers will increaseincrease

• Life time learning will predominateLife time learning will predominate• Increasing market value of skills of Increasing market value of skills of

certificationcertification