LOUISIANAS WORKFORCE POPULATION 4.6 Million 2.3 Louisiana - - PowerPoint PPT Presentation

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Mar 24, 2023 14 likes •156 views

LOUISIANAS WORKFORCE POPULATION 4.6 Million 2.3 Louisiana Population Million High School Diploma 670,000 Post-Secondary Credential High School Diploma No Post-Secondary Credential 530,000 2.3 Million 2.3 Million Some College

SLIDE 1

No High School Diploma No Post-Secondary Credential High School Diploma No Post-Secondary Credential

LOUISIANA’S WORKFORCE POPULATION

4.6 Million Louisiana Population

2.3 Million Non-Working Population 2.3 Million Working Adult Population Working Adult Population

2.3 Million 525,000 530,000 670,000

High School Diploma No Post-Secondary Credential Some College High School Diploma Post-Secondary Credential

SLIDE 2

EDUCATIONAL ALIGNMENT TO HIGH DEMAND JOB OPENINGS

Working Adult Population

2.3 Million

525,000 530,000 670,000

High School Diploma No Post-Secondary Credential Some College High School Diploma No Post-Secondary Credential No High School Diploma No Post-Secondary Credential High School Diploma Post-Secondary Credential

0.021 3687 55 0.139 7632 11 0.375 6858 22 0.463 1822 12 Annual Job Openings

100%

Source: LWC Long-term Occupational Forecast

SLIDE 3

Double graduates to 40,000 annually
Double earnings of an annual graduating class to $1.5 Billion
Quadruple student transfers 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

OUR GOALS

SLIDE 4

QUADRUPLING BUSINESS PARTNERSHIPS

244 582 816

AY 13:14 AY 14:15 AY 15:16 (Forecasted) 100 200 300 400 500 600 700 800 900

139% 40%

SLIDE 5

LCTCS SERVED OVER 144,000 STUDENTS IN AY 14:15

66721 100221 325000 28295 23058

66721 151574 325000

AY 08:09 AY 14:15 AY 19:20 (Forecasted) 50,000 100,000 150,000 200,000 250,000 300,000 350,000

Adult Education

Credit Non-Credit

117% 125%

Note AY 08:09 data from IPEDS, Adult Education students served are preliminary

SLIDE 6

DOUBLING GRADUATES, AGAIN

9757 19810 40000

AY 08:09 AY 13:14 AY 19:20 (Forecasted) 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000

103% 102%

Note AY 08:09 data from IPEDS and is a count of awards conferred. Number of unique graduates is likely lower.

SLIDE 7

LASER FOCUS ON DEMAND GAP

Tier One Tier Two Tier Three

4 & 5 Star Jobs 1, 2 & 3 Star Jobs

Critical Fields - Economic Driver Industries Critical Fields – Healthcare & Education Other Priorities

Primarily Low Wage and Low Demand

SLIDE 8

TIER ONE JOBS REQUIRING COMMUNITY OR TECHNICAL COLLEGE EDUCATION

Annual Completers

Computer Science 1,310 Construction Crafts 2,593 Electricians 262 Engineering Technology 272 Finance/Accounting 631 Industrial Production 2,262 Welding 1,682

SLIDE 9

SLIDE 10

SUCCESSFUL 2014-2015

21,292 graduates…largest in the system’s history
9 colleges ranked in the Top 100 Degree Producers
Awarded National Construction Users Roundtable Award
One of the fastest growing two-year college systems in the

nation for enrollment and graduates

SLIDE 11

LCTCS is reviewing programs based on multiple, non- traditional criteria:

Program alignment with high-demand, high-wage jobs
Graduate employment outcomes
Business partnerships
Advisory
Non-credit
Training and skills enhancement for incumbent

workers

Quality control/Quality assurance
Strong emphasis on industry based credentials

LOOKING AT PROGRAMS IN A NEW LIGHT

SLIDE 12

LOUISIANA’S COMMUNITY & TECHNICAL COLLEGES

SLIDE 13

LOUISIANA’S COMMUNITY & TECHNICAL COLLEGES W SATELLITE LOCATIONS

SLIDE 14

Dennis Epps

Sr. Vice-President, Workforce