Charleston region education alignment strategy 6.25.14

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CHARLESTON REGION EDUCATION ALIGNMENT STRATEGY Why this study?

The Future of Our Workforce

Strong job growth in the Charleston region is making it increasing difficult to fill open positions from either the existing workforce or new local graduates. As a result, the region is overly dependent on recruiting workers from out-of-state to fill jobs. This study: 1. Identifies industries driving employment growth. 2. D etermines if existing education programs meet the needs of growing industries. 3. I dentifies strategies to expand and upskill the available workforce.

In the next five years, our region will create more than 25,000 new jobs - nearly seven times the growth of the previous five years. Occupation clusters forecasted to have the highest growth rates are (in order): 1. Industrial Production 4. Sales & Marketing 2. Computer & Software 5. Medical 3. Science & Engineering 6. Business

EMPLOYMENT GROWTH `13 - `18 Industrial Production 21.4%

Computer & Software 19.9%

Did you know? Many of the technical and high-wage jobs that we create get filled by better-educated workers moving in from out-of-state.

13,300

39%

8,100

Science & Engineering 16.4%

7,200

31% Sales & Marketing 13.6%

23%

2,100

South Carolina

Metro Average

COLLEGE EDUCATIONAL ATTAINMENT BY PLACE OF BIRTH, `12

Out-of-State

Medical 13.4%

Business 10.2%

35,800 EMPLOYMENT SIZE `13

8,350


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