it’s takes a village · manufacturing sector partnership goal: bring together leaders from across...
TRANSCRIPT
It’s takes a village . . .
• National economic development strategists
• Serving 100+ communities since 2005
• Headquartered in Austin, Texas
• 50+ years of combined experience
Services
o Economic development strategies
o Customized research
o Marketing and branding services
o Organizational assessments
o HeadlightTM data portals
3
Economic Development Corp
w w w . B a s t r o p E D C . o r g
We are strategists for the nation’s top performing economies.
REVIEW ASSETSAND ENGAGE COMMUNITY
✔ Information review
✔ Extensive stakeholder input
✔ Building understanding of the community
✔ Launch survey & project site
UNDERSTAND YOUR LABOR SHED
✔ Custom labor shed
✔Workforce & regional evaluation
✔ Target industry needs assessment
✔ SWOT assessment
ALIGN AND ACT!
✔ Strategic recommendations
✔ Best practices
✔ Presentation of findings
STAKEHOLDER ENGAGEMENT
1. KICK-OFF VISIT 2. LABOR MARKET ANALYSIS
3. WORKFORCE GAP ANALYSIS
FIND THE GAPS
✔Workforce supply analysis
✔Workforce demand analysis
✔ Shortage and over-supply findings
✔ Occupational profiles
4. STRATEGIC RECOMMENDATIONS
Troup Works Planning Process
5
What successful talent strategies have in common:
• An honest evaluation of strengths and challenges
• Strong partnerships between educators and employers
• A bold strategy and action plan
• Willingness to invest in themselves
• An authentic and compelling story
Models for Success
6
Population – 70,000 Employment – 38,900
Troup County - 2016
30% of local jobs are in Manufacturing –compared to 10% nationally
But Professional & Business Services is the fastest growing sector in recent years
2%
10%
7%
9%
17%
3%
1%17%
29%4%
0%
0% 5% 10% 15% 20% 25% 30% 35%
Other
Government
Leisure & Hospitality
Education & Health Services
Professional & Business Services
Financial Activities
Information
Trade & Transportation
Manufacturing
Construction
Natural Resources
EMPLOYMENT BY MAJOR INDUSTRY2016
SOURCE: EMSI / Avalanche Consulting
50%
-5%
22%
3%
67%
5%
-77%
8%
24%
29%
-13%
-120% -80% -40% 0% 40% 80%
Other
Government
Leisure & Hospitality
Education & Health Services
Professional & Business Services
Financial Activities
Information
Trade & Transportation
Manufacturing
Construction
Natural Resources
EMPLOYMENT GROWTH BY MAJOR INDUSTRY2011 – 2016
SOURCE: EMSI / Avalanche Consulting
US
Troup County
US
Troup County
Manufacturing
Economy
But Diversifying
8
TROUP COUNTY COMMUTING PATTERNS2014
20,600Workers living OUTSIDE
Troup County
12,800Living in Troup County
WORKING outside
16,200Living AND working in
Troup County
36,800Troup County Employment
29,000Workers Living in
Troup County
Regionally
Integrated
Economy
50% of Troup County workers live outside the county
44% of residents travel to jobs outside the county
Identifying the full labor shed requires
• Commute Patterns• Drive Times• Employer Surveys &
Interviews
Troup County Labor Shed
Pool of over 410,000 active workers
Georgia
Carroll CountyCoweta CountyHeard CountyHarris CountyMeriwether CountyMuscogee CountyTalbot CountyTroup County
Alabama
Chambers CountyLee CountyRandolph CountyRussell County
12-County
Labor Shed
6%
11%
9%
16%
14%
0% 2% 4% 6% 8% 10% 12% 14% 16% 18%
US
Georgia
Labor Shed
Troup County
LaGrange
EMPLOYMENT GROWTH2011 – 2016
SOURCE: EMSI / Avalanche Consulting
4%
5%
5%
3%
3%
0% 5% 10% 15% 20%
US
Georgia
Labor Shed
Troup County
LaGrange
POPULATION GROWTH2011 – 2016
SOURCE: US Census / Avalanche Consulting
Job growth in Troup County has been more than five times faster than population growth
Jobs &
People
11.0%
9.8%
8.6%
7.3%
6.1%
5.1%
8.9%
8.1%
7.4%
6.2%
5.3%
4.9%
4%
5%
6%
7%
8%
9%
10%
11%
12%
2011 2012 2013 2014 2015 2016
Troup County US
UNEMPLOYMENT RATE2011 – 2016
SOURCE: US BLS / Avalanche Consulting
New employers took advantage of a large unemployed workforce coming out of the recession
They also drew heavily from the surrounding region
Plummeting
Unemployment
Full Employment = 5%
64%
63%
61%
61%
61%
50% 52% 54% 56% 58% 60% 62% 64% 66%
US
Georgia
Labor Shed
Troup County
LaGrange
LABOR FORCE PARTICIPATION2015
SOURCE: US Census / Avalanche Consulting
3%
3%
4%
4%
7%
0% 5% 10%
US
Georgia
Labor Shed
Troup County
LaGrange
LABOR FORCE GROWTH2010 – 2015
SOURCE: US Census / Avalanche Consulting
Troup County unemployment fell to 4.5% in March 2017
Labor force participation also continues to fall –tightening labor markets locally, regionally, and nationally
Tight Labor
Market
LABOR FORCE GROWTH BY EDUCATION2010 - 2015
SOURCE: US Census / Avalanche Consulting
LABOR FORCE EDUCATIONAL ATTAINMENT2015
SOURCE: US Census / Avalanche Consulting
22%
34%
34%
10%
0% 10% 20% 30% 40%
Labor Shed
Troup County
Less than High School
High School
Some College / Associate
Bachelor’s Degree +
2%
17%
-4%
-14%
-20% -10% 0% 10% 20%
Labor Shed
Troup CountyLess than High School
High School
Some College / Associate
Bachelor’s Degree +
Less educated workers are falling out of the system
Troup County is growing its pool of educated workers –but bachelor’s degree holders are going elsewhere in the labor shed
Changing
Labor Force
In addition to the continued hiring at your major employers, Troup County has over 1,500 announced jobs on the horizon
Major Employers
& Exciting
New Projects
6%
8%
10%
18%
0% 5% 10% 15% 20%
US
Georgia
Labor Shed
Troup County
EMPLOYMENT FORECAST2016 – 2021
SOURCE: EMSI / Avalanche Consulting – Note: Forecast adjusted to include recently announced projects.
4%
6%
5%
5%
0% 5% 10% 15% 20%
US
Georgia
Labor Shed
Troup County
POPULATION FORECAST2016 – 2021
SOURCE: US Census / Avalanche Consulting
Including new announcements, Troup County is forecast to create even more jobs over the next five years
But population growth is still forecast to lag behind – locally and in the labor shed
So What Does
the Future
Hold?
38%16%
10%16%
8%13%
0% 10% 20% 30% 40%
65 +
45 to 54
20 to 24
AGE DISTRIBUTION – 2015
2%
2%
1%
34%
62%
0% 10% 20% 30% 40% 50% 60% 70%
Hispanic
Asian
White Alone
ETHNICITY – 2015
12%
26%
41%
22%
0% 10% 20% 30% 40% 50%
Bachelor's +
Some College or…
High School or GED
Less than High School
EDUCATIONAL ATTAINMENT – 2015
SOURCE: US Census / Avalanche Consulting
41%
59%
0% 20% 40% 60% 80%
Male
Female
GENDER – 2015
Residents not in the labor force are another close and immediate source of new workers
Residents
Not in the
Labor Force
20%
55%
25%
0% 20% 40% 60%
Workers Aged 55 or older
Workers Aged 30 to 54
Workers Aged 29 or younger
AGE DISTRIBUTION – 2014
30%
40%
30%
0% 20% 40% 60%
Earning More than $40,000
Earning Between $15,000 and $40,000
Earning less than $15,000
INCOME LEVELS – 2014
SOURCE: US Census / Avalanche Consulting
57%
28%
15%
0% 20% 40% 60% 80%
All Other Services
Trade, Transportation, & Utilities (Primarily…
Goods Producing
INDUSTRY – 2014
Nearly 13,000 residents commute to jobs outside Troup County and could work locally
Data is limited, but many of these appear to be professionals and others
Residents
Commuting
Out
18
LaGrange-Troup County needs to:
1. Attract more residents to the county and labor shed to support employer growth – at all skill levels but especially lower-skill
2. Train local students, underemployed residents, and disconnected adults to fill jobs today and in the future
3. Retain younger, skilled residents raised, trained, and recruited in the county
What Does It All Mean?
This is where the hard work begins.
Partnerships
Implementation
Communication
Engagement
Regionalism
Next Steps
Three Rivers
Manufacturing Sector
Partnership Plan
avalanche
Project Partners
• National economic development strategists
• Serving 100+ communities since 2005
• Headquartered in Austin, Texas
• 80+ years of combined experience
Role:
Sector analysis and technology tool
development
• Leading business advocate in west Central
Georgia
Role:
Employer and community engagement
Access to talent is today’s
top factor in corporate expansion and relocation decisions.
Manufacturing Snapshot
Manufacturing is one of the largest and fastest
growing sectors in the Three Rivers region.
• Employs 31,000 (’16)
• 14% Growth (‘11-’16)
• $64,000 Average Earnings (‘16)
Workforce Snapshot
The current talent pipeline is not enough to support
the growing manufacturing industry
• 5.7% Unemployment (’16)
• 2.8% Growth in labor force (‘11-’16)
Our Goal:
Attract talent to
community;
connect talent to
employers!
Talent Development is a Team Sport!
Engaged employers, educators, workforce
development partners, economic
developers, and community leaders are
key to success.
About the Project Three Phases:
Manufacturing Sector
Partnership
Talent Portal
Manufacturing Sector
Analysis & Survey
MANUFACTURING SECTOR ANALYSIS
One-time report providing baseline information
on:
• Current conditions of the Manufacturing sector
• Manufacturing occupational analysis
• Target occupation profiles
• Inventory of knowledge, skills, and education
• Manufacturing workforce analysis
TALENT PORTAL
Interactive online portal containing:
• Live+Learn+Earn information to recruit and
retain talent
• Extensive workforce and industry data from
region
• Internship and apprenticeship portal and job
board
• Career planning tool
MANUFACTURING SECTOR PARTNERSHIP
Ongoing partnership focused on key priorities:
• Closing the manufacturing sector skills gap
• Pathways for manufacturing careers
• Entry points to enhance skills
• Skilled employment opportunities
Manufacturing Sector Partnership
Goal: Bring together leaders from across the region to gain insight and inform the workforce educational supply chain
Partners: Chambers, K-12 education systems, postsecondary institutions, manufacturing firms, government and key stakeholders
Key Priorities:
• Address skill and competency gaps
• Create new educational programs
• Create pathways to work-based learning
• Form a sustainable, employer-driven partnership
About the Project
Project Milestones
Project Kick-Off
September October November December January February March
Individual
County
Meetings
• Focus Groups
• Interviews
Headlight Data
Dashboard
Launch
Employer Survey
November - December
Regional Meeting
to review findings
& discuss strategy
with Avalanche
Career Headlight
Launch
Manufacturing
Sector Analysis
Released
Sub-Regional Meeting
to launch strategies
Talent Portal
Launch
Sub-regional meetings to
Review findings
“Well, if you want to Make America Great Again, you have to make work cool again. You have to change the image of opportunity.”
~ Mike Rowe, former host of “Dirty Jobs”