EDSR INFORMATION #5 08-13-2012 - Laserfiche WebLink

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► 1 1 ' • UNDERSTANDING THE WORKER NEEDS OF MANUFACTURERS: ,,•- ti = he201MnnesotaSkllsa =Survey MANUFACTURING MATTERS more than ever. Percent of Respondents Indicating Moderate or The sector accounts for 13 percent of Minnesota's Serious Current Workforce Shortage, by Region private sector jobs and almost 15 percent of the private sector's output. With productivity (output a ?o P P P Y P Northwest) 410 per hour) in manufacturing growing at 36 percent over the past decade (which exceeded overall i L Northeast productivity growth), manufacturing remains one of the key sources of economic growth. In an environment of rapidly changing technology and 44®/ operations, a skilled workforce is critical to the state's future economic growth. 54–% r A HIGH-PERFORMANCE WORKFORCE was the top factor for future business success, according to a nationwide survey of manufacturing businesses { 0 Central by Deloitte and the Manufacturing Institute in 2011. 44% Twin Surveys of Minnesota manufacturers (using some 3°/®Cities similar questions as the national survey) by the Minnesota Department of Employment and Economic —1,49°7451.' j` Development(DEED) in 2007 and 2011 agree. A 1- ;rj0/p high-performance workforce was rated as the =)� � number one factor for firm success, according to Southwest Southeast 67 percent of respondents. Source"Understanding the Worker Needs of Manufacturers,"survey results, Minnesota Department of Employment and Economic Development 2011. WORKFORCE SHORTAGES BUSINESS RESPONSES • Almost half of respondents had positions unfilled • The most frequent methods used to recruit due to a lack of qualified applicants and indicated and retain employees were increasing wages moderate or serious shortages of workers. and providing health care benefits. Businesses in Northeast had a stronger reliance on flexible work • The severity of current and future workforce schedules. shortages was highest in skilled production (58 percent had some degree of shortage) and scientist • Close to half of respondents had used public and engineering (40 percent) occupations, and and private placement services. This suggests lowest in low-skilled production, management and opportunities for placement services to market administration, and customer service.These were themselves to reach more businesses, particularly similar to results in 2007 using the Internet since the third most used placement service is Internet-based job boards. • Rates of current and future workforce shortages • Slightly more than half of respondents had in Southwest and Northwest regions exceeded assessed the impact of the aging workforce on statewide rates, indicating areas with potentially more projected retirements and succession plans. demand for workforce services. (See map for details.) • Although current workforce shortages appear TRAINING AND EDUCATION to be slightly less than those reported in the 2007 • About three-quarters of respondents budgeted less survey, respondents expect the shortages to become than 3 percent of payroll for training. Slightly more more significant three years from now, and intensify than half provided company-paid training to less particularly in skilled production and scientist and than one quarter of employees,while 15 percent of engineering occupations. respondents did not provide training.