On Friday, August 16th, Dr. Christopher Laney, Vice President of Government Affairs and Partnerships at Lightcast, a global leader in labor market analytics, joined MAX to discuss the rapidly changing demographic landscape of today’s workforce. Laney outlined ever-evolving challenges impacting the labor market – and provided a detailed overview of challenges relating to population trends, labor force participation, and immigration trends. Explains Laney, the rate of change and disruption we’re seeing in our economies is only going to increase.
Laney outlined 5 steps to building a future-ready workforce.
- Track emerging trends in skills and identify skill-adjacent careers for your workers.
- Collaborate and communicate with your partners around key labor trends and insights for your region.
- Identify businesses that are poised for growth—and are a good match for your community.
- Align education and workforce leaders around the skills and credentials that businesses need most.
- Help businesses find, recruit, and retain your region’s talent.
“With increased retirements and slowing workforce growth, competition for talent attraction and retention will be fiercer than ever before,” says Laney. A future ready workforce for our communities, he says, means the following:
- Having a pulse on emerging sectors (think Tech Hubs and beyond) and the growing/declining industries in your region.
- Looking ahead to the occupations and skills being disruptedby technological change and market forces.
- Knowing how your talent pipelinewill be impacted by demographic and market trends.
Laney advises for all of us to “stay informed about today’s labor market trends so [we} can anticipate and adapt to the needs of tomorrow.”
Click here for the presentation slides.
Click here for the recording.
ABOUT MAX MINUTES
Launched in 2014, the mission of MAX is to advance economic competitiveness in the Atlanta region by strengthening connections, collaborations, and practices among workforce developers and organizations engaged in workforce development.
Through our webinar series, MAX Minutes, MAX seeks to bring timely insights to providers, intermediaries, and other partners in workforce. MAX Minutes features talks by key experts in the Atlanta region and beyond on important workforce matters.