BRIEFING PAPER:WORKFORCE INNOVATION
OVERVIEW
Promoting the prospect of economic recovery creates theopportunity to address some longer term challenges facing the U.S.economy. This opportunity will be lost, however, if politics-as-usualpush the federal government toward old style programs.The federal government’s traditional approaches to education,economic development and workforce development promotestand-alone programs that do not support regional solutions. As aconsequence, leaders in communities and regions are left to sortthrough a wide range of disconnected programs.
To build the next generation of prosperity, we need workforce innovation: theintegration of education, workforce development and economicdevelopment.
KEY POINT #1
Improving educational attainment from GED to PhD is the surestpath to economic development and recovery. Despite the currentrecession, the U.S. risks running out of the skills needed to power our high income economy.Education and training represents the safest bet in economicdevelopment. The connection between education and earnings isstrong and getting stronger. Yet, the U.S. economy’s educationperformance is lagging. (One simple metric: Over 30% of all highschool freshmen starting in September 2009 will drop out of school.)As the Baby Boom generation begins to retire, skill shortages willbecome acute. Looking beyond the current recession, we need totransform the Nation’s education, economic development andworkforce development systems.
KEY POINT #2
Creating innovative, flexible education and training options requirescollaboration across many organizations within regions, yet thefederal government is not organized to support these promisingregional collaborations.The integration of education, workforce development andeconomic development is taking shape, as regions around thecountry learn the power of collaboration. With “link and leverage”
KEY POINT #1
: Improvingeducational attainment fromGED to PhD is the surest pathto economic developmentand recovery. Despite thecurrent recession, the U.S. risksrunning out of the skills neededto power our high incomeeconomy.
KEY POINT #2
: Improvingeducational attainmentrequires collaboration withinregions, yet the federalgovernment is not organizedto support promising regionalcollaborations.
KEY POINT #3
: With investmentsover a period of 4 years, theU.S. Department of Labor created a network of 39innovating regions across thecountry. These regions providea valuable laboratory toteach other regions in the U.S.“what works”.
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