Jobs in Florida, Today & Tomorrow Trends & Data Talk Time - - PowerPoint PPT Presentation

▶

Jan 27, 2023 610 likes •904 views

Jobs in Florida, Today & Tomorrow Trends & Data Talk Time with The Able Trust The views and opinions expressed here today are those of the thought-leaders and do not necessarily reflect the policy or position of any of the agencies or

SLIDE 1

The views and opinions expressed here today are those of the thought-leaders and do not necessarily reflect the policy or position of any of the agencies or The Able Trust.

Jobs in Florida, Today & Tomorrow Trends & Data

Talk Time with The Able Trust

SLIDE 2

Source: Federal Reserve Economic Data (FRED), St. Louis Federal Reserve Bank

Shift in Employment Trend – Short or Long Term?

SLIDE 3

Source: FDOH.maps.arcgis.com, google.com/finance as of 6.15.20

Two Pandemics

SLIDE 4

Source: lmsresources.labormarketinfo.com/covid19 as of 6.15.2020

As Usual, Florida Story Is the Global Story

SLIDE 5

Economic Shocks Melting Models Fungible After All

Source: lmsresources.labormarketinfo.com/covid19 as of 6.15.2020

SLIDE 6

Source: Florida Chamber Foundation, 5.2020

SLIDE 7

Source: Florida Chamber Foundation, 5.2020

SLIDE 8

Vulnerable Are the Most Vulnerable

Source: McKinsey, Lives & Livelihood: Assessing the Near-Term Impact of Covid 19 on US Workers & Charting the Path to Next Normal (2020)

SLIDE 9

“Future” Forces of Disruption Today

SLIDE 10

Source: McKinsey Quarterly, July 2016; The Florida 2030 Blueprint

Fundamentals For Work & Workers Are Changing

SLIDE 11

Source: lmsresources.labormarketinfo.com/hwol_stem/index.html as of 6.15.2020

SLIDE 12

Source: lmsresources.labormarketinfo.com/hwol_stem/index.html as of 6.15.2020

SLIDE 13

Nicole Washington Principal, Washington Education Strategies Florida Policy Consultant, Lumina Foundation @nicolewesgroup

SLIDE 14

Talent is an Economic Driver

“Florida’s economy will need a skilled labor force for

pportunities in health services, education,

transportation, trade utilities and computing as well as jobs that require an industry certification or license. Enhancing Florida’s workforce education will provide more economic opportunities for our graduates and support further diversification of Florida’s economy.”

Governor DeSantis, Executive Order 19-31

SLIDE 15

Focusing on Florida’s Talent

More than 90 percent of the

jobs recovered in the decade after the Great Recession went to college-educated individuals.

By 2022, there will be a

shortfall of 3.4 million skilled technical workers.

SLIDE 16

Talent Metric: Attainment

SLIDE 17

Addressing the Gaps

SLIDE 18

Human Capital Pipeline

The Opportunity: Align education, training, and learning to a diverse that is adaptable to industry demand.

SLIDE 19

Talent Development Council

Talent

High-quality Credentials Seamless alignment between demand and production Future-proof skills Equity and Access

SLIDE 20

So What Does the Future Hold?

Covid-19
Automation
Gig economy
Remote working

SLIDE 21

Future of Work

The future of work in the next

decade will have enormous disruption as a result of a series of factors.

The key to remaining competitive

is to have a strong talent pipeline.

Today K-12 and higher education

are the primary deliver modes of formal education

The future will see expanding

delivery models that included increased on the job training and

n demand training programs to

meet industry needs.

SLIDE 22

Businesses Invest in Talent

SLIDE 23

Connected Work and Learn Ecosystem

Just-in-time training
Based on competencies
Clear pathways to obtain

skills, credentials and jobs

Accessible to an

increasingly diverse population

SLIDE 24

Resources

SLIDE 25

Skills and Training: Why It Matters

SLIDE 26

Reaction & Adjustment C19, Economy, Job Shifts (6-24 mos) Next Normal "Post-Covid" & New World of Work (1-2 yrs) The Future Preparing for Next Paradigm Shift (2022 & Beyond) Explosion Erosion Entrenched Emerging