Governor’s Task Force for the Recruitment & Retention of a

Young Work Forcefor New Hampshire

July 1, 2009

“ ”Human capital .... represents a strategic advantage in the increasingly competitive international economy in which we all participate.

-- Indiana Human Capital Retention Project

A baby boomer turns 60 every 7 seconds.

Who will take their place?

What have we found so far?

31NH Rank by Median Age

1990

5NH Rank by Median Age

2007(Congratulations. We beat Florida)

We’re lagging behind

% Change in Stock of College Graduates

(2000-2006)

8.7%

There is an explanation.

We’re not movingbackward.

We’re just falling behind.

meanwhile...

Percentage of NH four year degree graduates who plan to move out of state

66%

Percentage of NH Young Professionals who plan to move out of state within five years

32%

There is hope.

Percentage of NH college students in their last year who want to stay, or are

considering staying

59%

Percentage of NH college alumni who live out of state that want

to, or would consider, moving back to NH

64%

What’s Most Important to

Young Workers?

#1Employment opportunity is the

number one reason recent college graduates cite for moving from one

region to another.

Percentage increase of student debt levels in the last 10 years

58%Salary is VERY important.

New Hampshire alumni stayed because“quality of life” was important

to their decision.

94%

8The number of hispanic births born for every

one death

The number of white, non-hispanic births for every

death is 1.3

NH Population

Minority White Non-Hispanic

Minority White Non-Hispanic

National Growth

Recommendations

Formalize promotionof New Hampshire as a

Launching Padfor Life

http://www.flickr.com/photos/toptechwriter/2040923940/

EstablishCollege Leadership NH

Establish a Non-Governmental Entity to Continue Work in the Area of Young Worker Recruitment and Retention

Design and Promotea Life-Launch Portal at StayWorkPlay.org

Establish Stay Work Play

Business of the YearAward

Encourage Business Participation inStay Work PlayStudent Loan Repayment Assistance Program

Engage and Empower Young Workers as Authentic

Messengers

Support theIncreased Use ofInternship Programs by Small and Mid-Sized Businesses

Increase School-to-WorkInternship Opportunities

Encourage Use of Apprenticeship

Programs

Reintroduce Commuter Rail Along the Capitol Corridor

Recognize the Central Role of Post-Secondary Education in

Economic Development

Bridge the Digital Divide Without Compromising

Availability of Best in Class

Broadband Services

Continue Support for Increased Workforce Housing Opportunities

RecreateCollege Career

Placement Offices

Give Young Workers a "Retention Bonus Package" that highlights why New Hampshireis a great place to Launch a Career

Improve Child Care Options for Parents with Children Under

Five Years of Age

Encourage the State to Utilize a Workforce Planning Model

to Ensure it Can Recruit and Retain Young Workers

View the full report at http://stayworkplay.com