California's economy needs far more workers with advanced
vocational and career training than its colleges and universities
can provide, and this skills gap will cost Californians billions in
foregone income, a new report has found.
Over the next decade, 2.45 million Californians will be crowded
out of college programs that lead to career-oriented degrees,
diplomas and professional certificates, the report found. The
resulting lack of professional skills will deny California workers
entry into many high-paying jobs and cost them more than $50
billion in lost personal income.
The report, "Left Out, Left Behind: California's Widening
Workforce Training Gap," indicates that the state's economy is
creating good jobs in fields such as health care and education, but
its higher education system cannot produce nearly enough graduates
with the skills to fill them.
Statewide, the demand for a community college education in
California already exceeds capacity by 591,000 full-time
students. In half of California's 58 counties, the gap between
demand and supply exceeds 40%. In seven other counties the gap is
between 25-40%, and in six more, the gap is between 10-25%.
"This research shows that the skills gap poses a serious threat
to the California economy and that the state needs a serious,
comprehensive response," said Steven Lindauer, National Director,
Education & Workforce Development, Corinthian Colleges,
Inc. "Private career colleges can help close this gap by
reaching students who would otherwise be left out and left behind
in the new economy. Corinthian plans to be part of the
solution."
The report was based on research from Encina Advisors, LLC, a
Sacramento-based economic consultancy, and was released today at
the annual conference of the California Workforce Association,
which is composed of the state's local Workforce Investment Boards.
The report was commissioned by Corinthian Colleges, Inc., which is
based in Santa Ana, CA and is one of the largest higher education
organizations in North America. Corinthian's three schools –
Everest, Heald, and WyoTech – enroll more than 88,000 students,
including about 25,000 in California.
According to the report, programs that lead to associate
degrees, certificates, or diplomas, and can be completed in two
years or less, are in particularly short supply.
The study notes that private career colleges, which offer
vocational training and education to non-traditional students, can
help close the skills gap in California.
"Workforce development is a critical policy issue for California
and the nation," said John D. Baker, Interim Director of the
California Workforce Association. "Whereas other nations are
choosing to make substantial investments to skill up their workers,
the U.S. appears to be timid in committing resources, leaving our
talent development infrastructure vulnerable. This report
demonstrates the need for policies that provide opportunities for
workers to develop the necessary skills needed to prosper in a
changing economy while supporting the economic competitiveness of
businesses."
"Left Out, Left Behind" not only documents the magnitude of
California's workforce education skills gap, but also quantifies
how much money that gap will cost individuals, employers, and the
state economy. The report found that people who attend or graduate
from college are much more likely to be employed and earn
substantially more than those who did not pursue educational
opportunities beyond high school.
According to the U.S. Department of Labor, last year's
unemployment rate among those with less than a high school diploma
was about 12%; among high school graduates was 8.8%, and among
those with associate degree or some college, was
6.6%. Researchers also found that the typical 25- to 34-
year-old increases his or her annual income by $2,272 for each year
of college attendance. Those with an associate degree earn $6,432
more annually.
The "Left Out, Left Behind" report also warned that ignoring the
skills gap will cost California billions of dollars in lost income.
According to the report, "insufficient access to career education
translates into foregone income of thousands of dollars annually
for each Californian denied access. Statewide, over the next
decade, the gap will result in a projected loss of foregone
personal income of $52.2 billion. Counties with the largest
demand-supply gap will face potential cumulative personal income
losses ranging from $1.4 billion to $17.1 billion."
"The statistics clearly show that postsecondary education leads
to higher employment and higher take-home pay," states study author
Dr. Justin L. Adams, President and Chief Economist of Encina
Advisors, LLC. "So increasing the opportunities to obtain
career-oriented education would benefit not only the typical
Californian, but the state as a whole."
The entire report, "Left Out, Left Behind: California's Widening
Workforce Training Gap" is available at no charge at
www.mycareercounts.org.
About Corinthian Colleges
Corinthian is one of the largest post-secondary education
companies in North America. Our mission is to change students'
lives. We offer diploma and degree programs that prepare students
for careers in demand or for advancement in their chosen fields.
Our program areas include health care, business, criminal justice,
transportation technology and maintenance, construction trades and
information technology. We have 113 Everest, Heald and WyoTech
campuses, and also offer degrees online. For more information, go
to http://www.cci.edu.
CONTACT: Kent Jenkins
Vice President, Public Affairs Communications,
Corinthian Colleges, Inc.
(714) 825-7556
kentjenkins@cci.edu
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