Lightcast

Our Christopher Laney, EdD, MBA, CWDP headed to Sarasota, FL to discuss how The Rising Storm of worker shortages will impact their local area. He delved into the age disparity of workforce entrants, and those primed to exit: With the average age of retirement in the U.S. at 61, there are 249,000 residents in Sarasota over the age of 55. At the same time, there are only 59,000 millennials living in Sarasota County, well below the national average. Read more in the Observer Media Group's thorough recap: https://lnkd.in/eWxgY_zj

Everyone's talking about AI. Here's a small tidbit from our comprehensive ( #AI in HR ) Guide. Read the full guide to using artificial intelligence in HR and planning for what's to come. Here >> https://lnkd.in/ePXpFcP9

??To all Workforce + Economic Development Professionals! Join us on Dec 5 at 2 PM EST to explore how Action Greensboro bold talent attraction strategy: ? Earned the 2024 Best Communications Strategy in Economic Development award ? Was recognized as a finalist for Best Use of Data with Lightcast at the City Nation Place Awards Designed with you in mind, this session dives into: ?Addressing demographic shifts, like an aging population, by recruiting "Boomerangs" (former Greensboro residents) ?The award-winning "You Grew Up, So Did Greensboro" campaign ? How they use Lightcast’s labor market data to attract top talent Don’t miss the live Q&A with Cecelia Thompson, Executive Director at Action Greensboro. Save your spot today! https://lnkd.in/evVzvZAe #greensboro #northcarolina #economicdevelopment #workforce #talentattraction

HEALTHCARE is in the eye of the labor shortage storm — a Category 5! https://lnkd.in/efJ5_XAy The aging US population puts healthcare in an especially challenging position for 2 reasons. First and foremost, older adults need more healthcare than younger populations. Second, five million healthcare workers are over the age of 55 (out of roughly 20 million total), so retirements in this industry will be particularly significant—and solutions all the more important. Learn more about how we prepare and mitigate the upcoming onslaught in our newest Lightcast research report, THE RISING STORM.

In his foreword to The Future of European Competitiveness, former President of the European Central Bank, Mario Draghi, wrote of the need for a skills revolution to keep pace with the AI revolution: “We must unlock our innovative potential. This will be key not only to lead in new technologies, but also to integrate AI into our existing industries so that they can stay at the front. A central part of this agenda will be giving Europeans the skills they need to benefit from new technologies, so that technology and social inclusion go together.” Lightcast and CEPS (Centre for European Policy Studies) recently held a roundtable discussion in Brussels to explore how AI can be optimised for people and place, looking at the role of transversal skills in the age of AI, and how cities and regions can adapt their strategies to prepare for future-ready workforce. Check out our blog, where you can download a free copy of the summary of the event. https://lnkd.in/eDtKhsYU #FutureOfEuropeanCompetitiveness #DraghiReport

Industry-recognized credentials are in high demand across the job market, but many of those high-demand credentials are in short supply. Learn how Lightcast and ExcelinEd are using credential analysis to reveal where demand is highest and to help students and jobseekers pursue credentials that align with good salaries and better job opportunities. https://lnkd.in/eZDuQ5bT

“If you don't get the body in the job, then you provide less service.?You are a restaurant that doesn't open all their tables.?You're a hospital that doesn't fill all of their beds.?You're a construction company that doesn't build all of the homes that you were hoping to build.” The Silver Tsunami has hit the shore. Millions of Boomers are retiring, putting pressure on key industries to adapt. Our Sr. Economist Ron Hetrick spoke to Scripps News correspondent Adi Guajardo about the impact on the labor market. Watch the clip here: https://bit.ly/3YeHR4R

Calling Ohio workforce, economic development, and education professionals! Don't miss this hands-on event on December 3 to drive the future of Ohio’s workforce. Get ready for a full day of insights, strategies, and connections with top voices and peers, including Lightcast’s Ron Hetrick, author of The Rising Storm, and workforce and higher ed journalist @PaulFain. With the City of Columbus Economic Development teams, @JobsOhio, @OneColumbus, and @CSCC, we’ll dive into labor shortage challenges and solutions to help Ohio stay ahead. Limited space—register for this free event! ??https://lnkd.in/euy2Dxzi ??Download 'The Rising Storm' report ahead of this event, and come with questions: https://lnkd.in/gdwa-Rrj #OhioWorkforce #Ohio #FutureReady #EconomicDevelopment #WorkforceSummit #FutureReadyWorkforce

No Construction Workers ON SITE... or IN SIGHT. As housing needs expand, the ability to build those homes is diminishing due to lack people working these jobs. https://lnkd.in/e96xtdJm We expound on the challenges and offer solutions in our new THE RISING STORM report. Download it now to get a jump on your competition who are competing for similar talent pools.

Incarceration are taking prime-age men out of the labor market in the US. 1.9 million people are in prison, jail, or a correctional facility. Men account for 93% of the total—77% of whom are in the prime working age of 25 to 54. In other words, the prison system holds the population equivalent of a large US city—just of prime-age men who are not working full-time jobs, not supporting themselves or their families, and not advancing in their careers. What can be done? The causal connections between low labor force participation and incarceration are complicated. We dig into it more here: https://lnkd.in/e7ZH6VpX cc: Hannah Grieser Ron Hetrick Christopher Laney, EdD, MBA, CWDP #prisonpopulation #missingworkers