Oregon Talent Assessment Perspectives on Skill Gaps, Shortages, and - - PowerPoint PPT Presentation

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Oregon Talent Assessment Perspectives on Skill Gaps, Shortages, and - - PowerPoint PPT Presentation

Sep 07, 2023 576 likes •811 views

Oregon Talent Assessment Perspectives on Skill Gaps, Shortages, and Mismatches Talent has supported strong job growth Total nonfarm employment, indexed (June 2009 = 100), Oregon and U.S. 125 Oregon U.S. 120 Oregon 115 110 U.S. 105 100

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Perspectives on Skill Gaps, Shortages, and Mismatches

Oregon Talent Assessment

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Talent has supported strong job growth

Data source: American Community Survey PUMS

80 85 90 95 100 105 110 115 120 125 2 9

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Oregon U.S.

Total nonfarm employment, indexed (June 2009 = 100), Oregon and U.S. Oregon U.S.

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SLIDE 3

Skill Problems

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  • Skill Gaps: Widespread shortfalls in basic skills

usually associated with a failure of the education system

  • Skill Shortages: Shortfall of skills required by

specific occupations

  • Skill Mismatches: Supply and demand for skills

is out of sync in either direction–oversupply or undersupply Categories of Skill Problems

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Skill Gaps: Employers’ Perspectives

5 33% 57% 57% 71% 76% 77% 80% 83% 92% 100% 100% 77% 0% 20% 40% 60% 80% 100% Outdoor Gear and Apparel Bioscience C

  • nstruction

Food and Beverage T echnology and Software Development Healthcare Advanced Manufacturing Other W

  • od Products

Energy Maritime All Sectors

Percent of survey respondents, by industry, who agree that applicants have the basic skills required for vacant positions

Agree Disagree Don't Know/ Not Applicable

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Skill Gaps: What the Data Say

Data source: US Census; American Community Survey PUMS

Master's+ Bachelor's AA / some college No HS diploma HS diploma = 1

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Skill Shortages: Employers’ Perspectives

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13% 14% 24% 24% 32% 34% 63% 0% 20% 40% 60% 80% 100% Basic computer literacy General office software C

  • mputer software

Machine operation Basic communication/ writing Project management C ritical/ analy tical thinking

Percent of survey respondents who identified specific hard or occupation skills that are hard to find

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SLIDE 8

Skill Shortages: Employers’ Perspectives

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17% 36% 44% 57% 63% 65% 71% 0% 20% 40% 60% 80% 100% Honesty T eamwork Leadership T ime management Dependability Motivation C

  • mmunication skills

Percent of survey respondents who identified specific soft or interpersonal skills that are hard to find

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SLIDE 9

Skill Shortages: What the Data Say

Data source: US Bureau of Labor Statistics

Distribution of Oregon occupations by percentage point change in real median hourly wage, 2016 to 2017

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Skill Mismatches: What the Data Say

Data source: American Community Survey PUMS data and Oregon Employment Department

0% 10% 20% 30% 40% 50% 60% 70% W Y HI VT NV NH SC FL OR KS NM MT AK RI ME C O KY NC OK AR T N NY LA IL MO C A NJ IN PA DE MD GA MN MI W A VA C T SD W I U T OH T X AZ NE ID MA AL IA W V MS ND DC U.S.: 56%

Share of college-educated 23-29 year old workers in occupations requiring college degrees

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SLIDE 11

The Outlook

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SLIDE 12

Source: American Community Survey PUMS data; Ross & Holmes (2017), The Brookings Institution.

Sidelined Talent Late in the Economic Expansion

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Job Market Rewarding Humans for Being Human

Actual Predicted

Source: Deming, D.J. (2017). The Growing Importance of Social Skills in the Labor Market. Quarterly Journal of Economics, vol. 132 issue 4.

High Social, High Math High Social, Low Math Low Social, High Math Low Social, Low Math

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SLIDE 14

2017-2027 Job Projections by Skill Emphasis

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More emphasis on communication and critical thinking More emphasis

  • n clerical and

service work More emphasis on physical work More emphasis on

  • perating machines

and processes

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SLIDE 15

2017-2027 Job Projections by Skill Emphasis

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More emphasis on communication and critical thinking More emphasis

  • n clerical and

service work More emphasis on physical work More emphasis on

  • perating machines

and processes

Data sources: O*NET, Bureau of Labor Statistics, Oregon Employment Department, the Oregon Talent Plan

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2017-2027 Job Projections by Skill Emphasis

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More emphasis on communication and critical thinking More emphasis

  • n clerical and

service work More emphasis on physical work More emphasis on

  • perating machines

and processes

Data sources: O*NET, Bureau of Labor Statistics, Oregon Employment Department, the Oregon Talent Plan

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The Work Ahead

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  • 1. Humans have to get better at being human, which

has broad implications for education and training delivery.

The Work Ahead

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  • 2. “Known knowns” in the occupational and skill

forecasts are limited—but exist. They create the space for employer-educator collaboration (e.g., around project management, communication, and writing skills, plus occupations that serve an aging demography, hard-to-automate occupations, and occupations that will serve a growing state).

The Work Ahead

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  • 3. Oregonians who are unemployed or underemployed

late in this economic expansion deserve priority attention as the state takes action under a new adult attainment goal.

The Work Ahead

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