State Strategies for Stabilizing the Economy and Promoting Renewed Economic Growth

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State Strategies for Stabilizing the Economy and
Promoting Renewed Economic Growth

• Andy Kopplin
• Assistant Chief of Staff
• Governor Mike Foster, Louisiana

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Vision 2020 Education Workforce Initiatives

• K-12 School Accountability Program
• Pre-K Introduced
• Dramatically increased PreK-12 funding
• Community and Technical College System Created
• Dramatically increased Postsecondary Education
  funding
• Workforce Commission Created
• 50 million Incumbent Worker Training Program
  Created
• Unified State Plan Implemented for WIA

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IWTP Performance (as of 12/05/01)
Workers Trained Employers
Particpating
340 17.7 M
43,368 62.4 M
Increase in Earnings New
Job Creation
10,692 Positions
14 (avg.)
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Vision 2020 Efforts to Promote Diversification,
Innovation

• Reorganized Department of Economic Development
  around Industry Clusters
• Targeted Research Dollars to Information
  Technology (2001) and Biotechnology, Biosciences
  (2002 proposed)
• Major technology parks established in New Orleans
  (1996), Baton Rouge (2000), and Lafayette (2001)

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Times are tough, Particularly Where Manufacturing
Dominates States in Recession, December 2001
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But now nearly every state is facing a budget
shortfall State Budget Shortfalls 2002
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Addressing Immediate Human Capital Needs

• Rapid ResponseOne Stop System on Center Stage
  with all hands (silos) on deck
• Incumbent Worker FundsGoing to Address Retention
  Issues in Fragile Industry Clusters
• TANF FundsWorkforce Commission and Technical
  Colleges develop Innovative Programming to
  Increase the Availability of Skilled Labor By
  Lifting Pre-Pell Eligibles Into Post-Secondary
  Education

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Addressing Long-Term Human Capital Needs

• Maintain Vision 2020 investments in PreK-12 and
  Post-Secondary Education
• Maintain Industry Cluster approach and build
  training and post-secondary education
  infrastructure for those industries
• IBCs
• Incumbent Worker funds
• Strategic focus on developing the workforce
  required of 21st century employers

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Sustaining Private Partnerships

• Cluster Approach to addressing Industry
  NeedsLinking Economic and Workforce Development
  Efforts through IBCs
• Retaining Industry Focus with Incumbent Worker
  Programs (while shifting from expansions to
  retentions)
• Increasing involvement of Private Sector leaders
  in State Commissions and local boards

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Maintaining Progress With System Reform

• Galvanizing multi-agency cooperation in the
  One-Stop system to address the immediate needs of
  employers/employees (no time for turf/mou
  battles)
• Utilizing increased workloads to better define
  mission/responsibilities and avoid duplication
• Strengthening business partnerships by being
  responsive to current needs (no longer tight
  labor markets but the need for state training aid
  to help existing workforce transition to new
  market requirementsLA Pacific)