OUR LOUISIANA 2020:
BUILDING THE WORKFORCE
OF TOMORROW
COMMUNITY & TECHNICAL
COLLEGES
NATION’S FASTEST GROWING
COLLEGES- ENROLLMENT
Annual Unduplicated Enrollment
120,000
111,017
110,000
100,000
90,000
Numbers do not include:
• Over 35,000 Workforce
contract training
80,000
70,000
60,000
62,129
• Over 33,000 Adult Basic
Education students
50,000
2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14
But… The
Buzz is All
About The
Completion
Agenda.
Who is Getting
It Done?
NATION’S FASTEST GROWING
COLLEGES- CREDENTIALS
Total Awards
29,531
30,000
28,000
26,000
24,000
Since 2006-07,
Credentials
Have
Increased
102 %
22,000
20,000
18,000
16,000
14,000
14,598
12,000
10,000
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
COMMUNITY AND TECHNICAL COLLEGES
RETURN LOUISIANA’S INVESTMENT
State Funding
Per Completer
Annual Louisiana Salary Earnings
From New Completers
$20,000
Millions
$25,000
$21,120
$800
$723
$600
$15,000
$13,229
$400
$336
$10,000
$200
$5,000
$149
$4,655
$0
$0
2000
2007
2014
2000
2007
2014
WHAT DOES LOUISIANA NEED
FROM ITS COMMUNITY AND
TECHNICAL COLLEGES?
WORKFORCE POOL
4.6 Million
Louisiana Population
2.3 Million
Non-Working
Population
2.3 Million
Working Adult
Population
2.3
Million
670,000
High School Diploma
Post-Secondary Credential
530,000
High School Diploma
No Post-Secondary Credential
Some College
525,000
High School Diploma
No Post-Secondary Credential
600,000
No High School Diploma
No Post-Secondary Credential
Working Adult
Population
EDUCATIONAL ALIGNMENT TO
HIGH DEMAND JOB OPENINGS
2.3
Million
670,000
100%
High School Diploma
Post-Secondary Credential
530,000
High School Diploma
No Post-Secondary Credential
Some College
525,000
High School Diploma
No Post-Secondary Credential
600,000
No High School Diploma
No Post-Secondary Credential
Working Adult
Population
46%
38%
14%
Annual
Job Openings
2%
Source: LWC Long-term Occupational Forecast
DEFINING THE WORKFORCE GAP
Annual Job
Openings
Annual
Completions
Demand
Gap
Rationale: ensures that
funds are targeted to
areas of greatest
unmet need
LASER FOCUS ON DEMAND GAP
Tier
4&5
Star
Jobs
1, 2, &
3
Star
Jobs
One
Tier
Two
Critical Fields - Economic
Driver Industries
Critical Fields –
Healthcare & Education
Tier
Three
Other Priorities
LOUISIANA’S WORKFORCE NEED IS
GREAT
Louisiana’s workforce forecast projects an ADDITIONAL ANNUAL job demand
of over 14,000 “Tier One” jobs
4-Year
2,085 annual
completers
2-Year
12,152
annual
completers
Source: Louisiana Economic Development and Louisiana Workforce Commission Gap Analysis for the WISE Act. Note: each
represents 10 individuals.
85% of
additional
jobs will be
supplied by 2
year colleges
“TIER ONE” JOBS REQUIRING COMMUNITY OR TECHNICAL COLLEGE EDUCATION
- ANNUAL COMPLETERS COMPARED TO TARGETED STATE NEEDS “Tier One” Jobs Requiring 2-Year Level Education
10,000
9,360
9,000
8,000
7,000
6,000
4,955
4,712
5,000
4,810
4,000
3,000
2,120
2,000
1,770
1,573
1,202
1,970
1,327
769
1,000
-
1,695
2,602
2,342
+ 547
Computer
Science
+ 4,648
Construction
Crafts
+ 1,001
Electricians
+ 493
Engineering
Technology
2012 Annual Completers
Source: Louisiana Economic Development and Louisiana Workforce Commission Gap Analysis
+ 768
Finance and
Accounting
Annual Completers Needed
+ 2,613
Industrial
Production
+ 2,208
Welding
OUR LOUISIANA 2020
• Double graduates to 40,000 annually with a focus on increasing
graduates in high demand fields.
• Double earnings of an annual graduating class to $1.5 Billion
• Quadruple transfer students to universities to 10,000 annually
• Double students served to 325,000 annually
• Quadruple partnerships with businesses to 1,000 annually
• Double foundation assets to $50 million
DISCUSSION