Transcript Slide 1

Economic Development
and
Education
Penn State Worthington Scranton
March 22, 2006
The Knowledge Based Economy
“Today, the knowledge required to run the
economy, which is far more complex than in
our past, is both deeper and broader than
ever before. We need to ensure that
education in the United States, formal or
otherwise, is supplying skills adequate for
the effective functioning of our economy.”
---Alan Greenspan, Chairman of the Board of Governors of
the US Federal Reserve System, the Greater Omaha
Chamber of Commerce 2004 Annual Meeting, Omaha,
February 20, 2004
General Skill Levels Required
100%
16%
80%
23%
10%
60%
40%
19%
40%
47%
73%
40%
20%
30%
0%
1950
1994
Source: U.S. Bureau of Census and Pennsylvania Department of Labor and Industry, Center for
Workforce Information and Analysis (Pennsylvania statewide)
2002
Professional
Skilled
Unskilled
Educational Attainment
Pennsylvania Labor Force (Light Blue) and NE PA (Dark Blue)
42.40%
45%
39%
40%
35%
30%
25%
19%
18.90%
15.90%
20%
14%
10.50%
10%
15%
10%
Source:
U.S.
Bureau
of
Census,
Current
Populati
on
Survey
(CPS),
Basic
9%
10%
6.40%
5.90%
5%
0%
Less than a
High School
diploma
High School Some College,
Diploma or
No Degree
GED
Associate's
Degree
Bachelor's
Degree
Post-Graduate
Degree
The Aging Workforce
3
1990
2010
2
1
0
25-29
30-39
40-49
Age Groups
Source: U.S. Bureau of Census, Current Population Survey, March Supplement; and PA
Department of Labor & Industry, Center for Workforce Information & Analysis
50-59
60+
Workforce Development
Employment
Education
Economic
Development
• Question: How can business and industry
minimize the amount of training being
conducted internally?
• Answer: Get involved in Business
Education Partnerships
Best Practice Example
• Tobyhanna Army Depot Initiative
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Tours for students and educators
Guest speakers in classrooms
Hands on activities onsite and in the classroom
Presentations to community groups
School Career Experience Program
Consortium Participation
College degrees offered onsite
And more……………
Susan Shaffer
NEPA Alliance
1151 Oak St.
Pittston, PA 18640
570-655-5581
[email protected]
www.nepa-alliance.org