Unlock stock picks and a broker-level newsfeed that powers Wall Street.
Equipping the labor force for tomorrow

Jul. 30—CLYDE — Leaders across North Carolina are striving to ensure the workforce of tomorrow will be equipped to meet the ever-changing needs of society.

In turn, that should lead to communities where workers can earn a family sustaining wage.

During a western regional meeting conducted jointly by MyFutureNC and N.C. State University's Institute for Emerging Issues, the challenges — and opportunities — to enhancing a competitive environment across all sectors was discussed at length.

Educators, business leaders and economic development officials met in Clyde to discuss the shrinking talent pool in the state that's necessary to maintain its competitive edge, one that tops the nation in many sectors now.

Titled "Promoting Educational Attainment at the Local Level," the purpose of the gatherings that will be held across the state is not to "write long papers, but do what we're doing today. Bring people together and ask about what we can do together to figure out a path forward," explained Pat Cronin, assistant director for policy and programs at the Institute of Emerging Issues.

The workplace is becoming increasingly automated, and the current labor shortage is speeding up the process.

"The lack of labor is pushing employers to turn to automation. It's not clear how it will play out, but every expert agrees there will be a very large disruption taking place," Cronin said. "Employees may hold on to their job but they will have to become more comfortable using machines."

Other factors that are disrupting the workforce of today, Cronin said, are the nation's aging society and the shift in demographics.

"We are becoming browner and grayer," he said, noting the age 65 and older population was 12% in 1990, but projected to be 20% by 2030.

Additionally, studies show North Carolina population will soon shift toward a majority of minority races — groups where many have traditionally struggled with education.

"We need every learner to become a worker because we will be having to support a larger percentage of population that's not contributing," he said.

A third workforce disrupter has been the pandemic, he said, and has been particularly harmful when it comes to education achievement.

Aligning skills, needs

Both MyFutureNC and the Institute for Emerging Issues have been pushing to match employees of tomorrow with the needs of the industries of the future.

"Currently fewer than half of North Carolinians ages 25-44 hold a high-quality credential or postsecondary degree," according to a handout at the gathering. "The result? Our education system and our economy are out o sync. Job seekers struggle to find jobs and employers struggle to find the talent they need."