Preparing for the Coming Workforce Skills Shortage

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Preparing for the Coming Workforce Skills
Shortage
A presentation to HR Collier and the Southwest
Florida Chapter of the American Society for
Training and Development Dr. Jeff S.
Allbritten, President Edison College Collier
Campus
August 24, 2005
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State of Florida Agency for Workforce
Innovation Labor Market Statistics Caldwell
Building MSC G-020 107 E. Madison
Street Tallahassee, Florida 32399-4111 Phone
[phone] FAX [phone]
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Trends Impacting Floridas Economy

• Urban areas are increasing their share of states
  population
• By 2011 the aging of the baby boomers, coupled
  with lifestyle and spending priority changes
  creates greater demands for
• Health care
• Elder care
• More upscale items (cars, homes, time-saving
  devices/services)
• Investments/retirement (IRAs, 401Ks, annuities,
  stocks)
• Leisure travel

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Trends Impacting Floridas Economy (continued)

• By 2011 the echo boomers will have greater
  spending power causing more demand for
• Starter homes
• Childcare/preschool
• Post-secondary education
• Spending habits driven by a redefinition of
  priorities
• Impacts from the Everglades Restoration Project
  to affect employment in South Florida.
• Increases in Construction and Engineering
  services
• Declines in Agriculture and Food Processing

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Trends Impacting Floridas Economy (continued)

• Both lower-skilled and high-tech jobs moving to
  other countries.
• Textile
• Apparel
• Furniture
• Information technology
• Recent passage of several constitutional
  amendments will impact employment growth.
• Education employment/teachers
• Preschool/child care services
• Rail construction/services/Local transportation
  services

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Employment Growth By Industry Florida, 2005-2011
Source Florida Agency for Workforce Innovation,
Labor Market Statistics
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Industry Employment Projections

• Employment in Florida is projected to gain
  1,291,000 new jobs by 2011.
• 1 out of every 2 new jobs will be in the services
  industry. (61 percent in information health
  services)
• Moderate growth in retail trade employment will
  come primarily from restaurants, food stores,
  etc. 
• Slow growth in manufacturing employment as nearly
  all gains in durable goods manufacturing will be
  offset by losses in the non-durable goods
  manufacturing sector.
• Rapid growth in construction employment as
  interest rates and changes in demographics create
  an increased demand for residential housing.

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Projected Employment Growth Rate by Major
Occupational Group
Florida 2003-2011
Source Florida Agency for Workforce
Innovation, Labor Market Statistics
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Industries Gaining The Most new Jobs
Source Florida Agency for Workforce Innovation,
Labor Market Statistics, Forecast to 2011.
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Fastest growing occupations requiring
post-secondary training below a 4 year degree
Source Florida Agency for Workforce Innovation,
Labor Market Statistics, 2003 Wage Data,
Forecast to 2011.
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Occupations gaining the most new jobs requiring
post-secondary training below a 4 year degree
Source Florida Agency for Workforce Innovation,
Labor Market Statistics, 2003 Wage Data,
Forecast to 2011.
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Critical Shortages - Nursing

• health-care professionals and support workers
  will be in great demand through 2012. The
  projected needplaces a great burden on the
  education system to produce new and the
  employment settings to retain current nurses.
• Source Florida Center for Nursing Issue Brief
  2002-2012 RN LPN Employment and Workforce
  Projections. November, 2004

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Critical Shortages - Nursing

• Florida, with the highest percentage of elderly
  residents, will face a care crisis unlike any
  other when the demand for RNs significantly
  outstrips the supply. The National Center for
  Healthcare Workforce Analysis projects that by
  2020, Florida will need 61,000 more nurses than
  are currently projected to be available.
• Source FHA Nurse Staffing issues in Florida
  Surveys, 2005

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Critical Shortages - Teaching

• Florida will face a 20 increase in teachers
  needed over the next five years.
• 2004-05 21,313 teachers needed
• 13,692 to replace terminations
• 3,297 to cover enrollment growth
• 4,324 for class size reduction