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State Strategies for Stabilizing the Economy and Promoting Renewed Economic Growth

State Strategies for Stabilizing the Economy and Promoting Renewed Economic Growth. Andy Kopplin Assistant Chief of Staff Governor Mike Foster, Louisiana. Vision 2020 Education & Workforce Initiatives. K-12 School Accountability Program Pre-K Introduced

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State Strategies for Stabilizing the Economy and Promoting Renewed Economic Growth

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  1. State Strategies for Stabilizing the Economy and Promoting Renewed Economic Growth Andy Kopplin Assistant Chief of Staff Governor Mike Foster, Louisiana

  2. Vision 2020 Education & Workforce Initiatives • K-12 School Accountability Program • Pre-K Introduced • Dramatically increased PreK-12 funding • Community and Technical College System Created • Dramatically increased Postsecondary Education funding • Workforce Commission Created • $50 million Incumbent Worker Training Program Created • Unified State Plan Implemented for WIA

  3. IWTP Performance (as of 12/05/01) Workers Trained Employers Particpating 340 $17.7 M 43,368 $62.4 M Increase in Earnings New Job Creation 10,692 Positions 14% (avg.)

  4. Vision 2020 Efforts to Promote Diversification, Innovation • Reorganized Department of Economic Development around Industry Clusters • Targeted Research Dollars to Information Technology (2001) and Biotechnology, Biosciences (2002 proposed) • Major technology parks established in New Orleans (1996), Baton Rouge (2000), and Lafayette (2001)

  5. Times are tough, Particularly Where Manufacturing Dominates States in Recession, December 2001

  6. But now nearly every state is facing a budget shortfall State Budget Shortfalls 2002

  7. Addressing Immediate Human Capital Needs • Rapid Response—One Stop System on Center Stage with all hands (silos) on deck • Incumbent Worker Funds—Going to Address Retention Issues in Fragile Industry Clusters • TANF Funds—Workforce Commission and Technical Colleges develop Innovative Programming to Increase the Availability of Skilled Labor By Lifting Pre-Pell Eligibles Into Post-Secondary Education

  8. Addressing Long-Term Human Capital Needs • Maintain Vision 2020 investments in PreK-12 and Post-Secondary Education • Maintain Industry Cluster approach and build training and post-secondary education infrastructure for those industries • IBC’s • Incumbent Worker funds • Strategic focus on developing the workforce required of 21st century employers

  9. Sustaining Private Partnerships • Cluster Approach to addressing Industry Needs—Linking Economic and Workforce Development Efforts through IBC’s • Retaining Industry Focus with Incumbent Worker Programs (while shifting from expansions to retentions) • Increasing involvement of Private Sector leaders in State Commissions and local boards

  10. Maintaining Progress With System Reform • Galvanizing multi-agency cooperation in the One-Stop system to address the immediate needs of employers/employees (no time for turf/mou battles) • Utilizing increased workloads to better define mission/responsibilities and avoid duplication • Strengthening business partnerships by being responsive to current needs (no longer tight labor markets but the need for state training aid to help existing workforce transition to new market requirements—LA Pacific)

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