May 21, 2018 POLICY ACADEMY ON SCALING WORK-BASED LEARNING KNOWLEDGE STATE LEARNING LAB Beth Townsend, IWD Director

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1 May 21, 2018 POLICY ACADEMY ON SCALING WORK-BASED LEARNING KNOWLEDGE STATE LEARNING LAB Beth Townsend, IWD Director

2 Transforming Education AND THE WORKFORCE Closing Iowa s SKILLS GAP

3 Vision: A Future Ready Iowa that prepares individuals for dynamic careers and lifelong learning, meets employer needs, grows family incomes and strengthens communities. Future Ready Iowa helps more Iowans attain the new minimum of high-quality education and training beyond high school by aligning education, workforce, and economic development resources.

4 58.1% of Iowans years old have a postsecondary credential WHERE WE Started Source: Iowa Workforce Development, Laborshed Studies Program,

5 GOVERNOR REYNOLDS SIGNS THE FUTURE READY IOWA ACT WHERE WE Ended

6 Governor KIM REYNOLDS

7 Governor KIM REYNOLDS Future Ready Iowa is my No. 1 priority because it gives Iowans the opportunity to learn a high-demand skill and then not only get a job to pay the bills, but also a rewarding career.

8 FUTURE READY IOWA Summit

9 [There s] no better ecosystem in workforce and education than what you're doing in Iowa." Brandon Busteed Gallup, Executive Director, Education and Workforce Development

10 "Waukee Apex is an unbelievable example of innovation in education and pairing the skills being taught in a classroom environment with the jobs in demand in modern economics. Ivanka Trump

11 When you have a state with an unemployment rate just a little over three percent, and the job crisis is too many jobs, not enough people that is a great problem to have. ALEXANDER ACOSTA, SECRETARY U.S. Department of Labor Secretary Acosta VISIT TO DES MOINES

12 We tell young Americans that college will lead to marketable skills, and that failure to complete college is sometimes failure. Neither is entirely true, and both are somewhat misleading, and it s a message we need to stop telling young Americans. Secretary Acosta VISIT TO DES MOINES PUBIC SCHOOLS CENTRAL CAMPUS

13 70% of Iowa s workforce will have post-secondary education, training or a credential of value by 2025 To meet the goal, Iowa needs a net increase of 127,700 Residents need to earn postsecondary degrees and other credentials FUTURE READY IOWA Goal

14 IOWA Unemployment Rate CURRENT UNEMPLOYMENT RATE 2.8% March AVERAGE UNEMPLOYMENT RATE 3.9% 2015 AVERAGE UNEMPLOYMENT RATE 3.6% UNEMPLOYED PERSONS IN ,889 UNEMPLOYED PERSONS IN ,721 Source: Local Area Unemployment Statistics, BLS

15 PROJECTED Skills Gap Iowa s Jobs by Skill Level, % 34% 53% 53% ARE MIDDLE- SKILL JOBS High-Skill Middle-Skill Low-Skill Source: 2016 Occupational Employment Statistics, Labor Market Information Division, Iowa Workforce Development

16 Iowa s Jobs and Workers by Skill Level, 2015/2016 High-Skill Jobs High-Skill Workers 34% 31% Middle-Skill Jobs 53% Middle-Skill Workers 36% Low-Skill Jobs 13% Low-Skill Workers 33% IOWA IS EXPERIENCING A Middle-Skill Job Gap Sources: 2016 Occupational Employment Statistics, Labor Market Information Division, Iowa Workforce Development American Community Survey 1-Year Estimate, U.S. Census Bureau.

17 EDUCATIONAL ATTAINMENT Rates by Race The chart shows the percent of the Iowa population 25 and older that lack a high school diploma: Addressing inequality in 17.2 educational attainment is important because people with more education are: 39.1 more likely to be employed more likely to have lower poverty rates less likely to rely on government assistance programs like Medicaid. African-American Asian Hispanic White Non-Hispanic Two or More Races Source: 2016 Curent Population Survey

18 Educational Attainment (ASSOCIATE DEGREE OR HIGHER) BY COUNTY, AGE Source: American Community Survey, Year Estimates (Table B15001)

19 Task: Create a strategic plan to reach ambitious goal of 70% of Iowa s workforce having education or training beyond high school by 2025 FUTURE READY IOWA Alliance

20 FUTURE READY IOWA Alliance

21 FUTURE READY IOWA Listening Tours

22 Connecting the dots for learners of all ages to plug into rewarding careers in Iowa s businesses. DEB DURHAM, DIRECTOR Iowa Economic Development Authority

23 FUTURE READY IOWA Website Connects job seekers to tools for finding education, training and jobs Current local Labor Market Information Offers assessment tool for career recommendations Provides education and training opportunities and financial resources for paying for school Connects job seekers to open jobs in Iowa

24 UNLEASHING OPPORTUNITIES TO GET IOWA FUTURE READY.