STATE OF THE WORKFORCE LAKE COUNTY FLORIDA. Relationship between education and economic development....
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Transcript of STATE OF THE WORKFORCE LAKE COUNTY FLORIDA. Relationship between education and economic development....
STATE OF THE WORKFORCE
LAKE COUNTY FLORIDA
• Relationship between education and economic development.
• Overview of statistics relating to the state of our current workforce.
• How do you use the information to make decisions.
State of the Workforce
Economic Development is a Process for Building Wealth
Within a Community.
What is Economic Development?
Total # of Companies (percentage)
Education 1.5%
Manufacturing 2.4%
Arts, Ent, and Rec 1.9%
Transp &Warehousing1.7%
Public Administration3.8%
Wholesale 4.2%
Finance and Ins 4.5%
Food Services 4.7%
Waste Management 5.6%
Pro ,Sci ,and Tech Svcs8.2%
Real Estate 6.0%
Information 1.4%
Agriculture 0.7% Misc 0.3%
Utilities 0.2%
Mining 0.1%
Management 0.1%
Retail 15.2%
Construction13.2%
Health Care 12.9%
Other Services11.7%
Total # of Employees (percentage)
Education 6.4%
Public Administration7.9%
Other Services 5.0%
Manufacturing 4.1%
Wholesale 4.1%
Professional , Sci &Tech Svcs3.9%
Real Estate 3.1%
Waste Management 2.8%
Arts, Ent, and Rec 2.6%
Finance and Insurance2.3%
Transp &Warehousing1.6%
Information 1.2% Agriculture 0.5% Miscellaneous 0.3%
Utilities 0.2%
Mining 0.1%
Management 0.0%
Health Care 19.8%
Retail 17.0%
Food Services8.7%
Construction 8.5%
20012002
20032004
20052006
2007
Information
Natural Resources & Mining
Manufacturing
Leisure & HospitalityOther Services
Education & Health ServicesFinancial Activities
Professional Business ServicesConstruction
Trade, Transportation, & Utilities
0
200
400
600
800
1,000
1,200
1,400
1,600
Companies by IndustryLake County
20012002
20032004
20052006
2007
Leisure & Hospitality
Other Services
Natural Resources & Mining
Trade, Transportation, & Utilities
ManufacturingProfessional Business Services
ConstructionEducation & Health Services
Financial ActivitiesInformation
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
Average Annual Wages by IndustryLake County
20012002
20032004
20052006
2007
Information
Natural Resources & Mining
Other Services
Financial ActivitiesManufacturing
Professional Business ServicesLeisure & Hospitality
ConstructionTrade, Transportation, & Utilities
Education & Health Services
0
5,000
10,000
15,000
20,000
25,000
Employment by IndustryLake County
20012002
20032004
20052006
2007
Information
Natural Resources & Mining
Other Services
Financial ActivitiesManufacturing
Professional Business ServicesLeisure & Hospitality
ConstructionTrade, Transportation, & Utilities
Education & Health Services
0
5,000
10,000
15,000
20,000
25,000
Employment by IndustryLake County
20012002
20032004
20052006
2007
Leisure & Hospitality
Other Services
Natural Resources & Mining
Trade, Transportation, & Utilities
ManufacturingProfessional Business Services
ConstructionEducation & Health Services
Financial ActivitiesInformation
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
Average Annual Wages by IndustryLake County
SITE SELECTION CRITERIASite Selection Factors
2009Ratings
Factors 2008 Ratings
1 Highway accessibility 2
2 Labor Costs 10
3 Occupancy or construction costs
6
4 Availability of skilled labor 3
5 State and local incentives 1
SITE SELECTION CRITERIAQuality of Life Factors
2009Ratings
Factors 2008 Ratings
1 Rating of public schools 1
2 Moving Costs 5
3 Colleges and universities in area
4
4 Low crime rate 2
5 Housing availability 6
State 22%National Average 23%
0.0%5.0%
10.0%15.0%20.0%25.0%30.0%35.0%
Educational Attainment% of Population Age 25+
Source: 2008 Estimates, Decision Data Resources
Lake County
Osceola County
Orange County
Seminole County
MSA
0.00%
50.00%
100.00%
2007 - 2008 Graduation RatesSource: 2008 BEBR
Series1 79.30% 69.60% 75.60% 91.10% 75.40%
Lake Osceola Orange Seminole State of
Graduation Rates
• 2008 Standardized Calculation Method
• North Carolina: 2008 71.7%• Georgia: Increased from 63.3% in
2003 to 75.4% in 2008• Texas: 2008 79.1%
LA
KE
OR
AN
GE
OS
CE
OL
A
SE
MIN
OL
E
SPECIALIST
MASTER'S0.0
10.020.030.040.050.0
60.070.0
80.0
% of Teachers at each Degree Level, 2007-08Source: Florida Department of Education
SPECIALISTDOCTORATEMASTER'SBACHELOR'S
260270280290300310320330340350
Reading Math Science
2008 Florida Comprehensive Assessment TestSource: 2008 BEBR
Lake
Osceola
Orange
Seminole
Educational Providers
• CAP – K-12 Career and Professional Academies
• Lake Technical School• LSCC - two-year to four-year• Strategic location between UCF
and U of F• Private providers• Industry Educational Programs
• Reduction of State funding.• Current economic challenges.• Creating programs for the jobs of the
future.• Identifying needs of our current
workforce.• Keeping up with learning behaviors and
changing technologies.• Duplication of services and providing
programs no longer needed in the workplace.
Challenges
Opportunities
• Making all levels of education a priority.
• Identify funding sources to implement programs of excellence. Workforce Funders’ Collaborative
•Creating collaborative partnerships.•Develop portfolio approach•Reduce duplication of services•Create programs for the jobs of
the future.