Worker Shortage of 80,000 by 2025 in Pittsburgh
from Pittsburgh Gazette May 2016
A retiring Baby Boomer population and lack of skilled workers could contribute to a worker shortage of 80,000 by 2025, according to a study from the Allegheny Conference on Community Development, released today.
“Clearly, we are at an inflection point in our community with respect to supply and demand and how the future of work is viewed in our region,” said Dmitri Shiry, managing partner at Deloitte, in a meeting with reporters.
The Allegheny Conference commissioned Burning Glass Technologies and the Council for Adult and Experiential Learning to conduct analysis on the regional job market demand over the next decade.
The findings outline a future in which local jobs, including some in technology, go unfilled. With an anticipated 29,000 older workers retiring per year, coupled with a job creation rate of 5,000, 340,000 jobs will need to be filled in the coming decade, according to the study. An information gap between area educators and employers will contribute to the labor supply to falling out of step with job demand.
One trend intensifying this potential problem, said Shiry, is that college graduates are leaving the region for distant job markets. “The key walkaway is that we are only retaining 50 percent of our talent that’s graduating from 61 higher education institutions in a 10-county region,” he said.
In fact, 25 percent of graduates who enter a field of study leave the area because there aren’t available jobs in their field, he said. For example, education majors, who may struggle to find teaching jobs in a population-losing region, head elsewhere.
One solution recommended by the Allegheny Conference is to encourage employers to hire new graduates immediately post-graduation, not after they’ve earned a few years of experience. “Employers need to step up and begin to hire entry-level graduates from these institutions,” said Shiry.
Representatives plan to share the study’s findings in face-to-face meetings with regional executives and educators over next 60 days, aiming to finish up by the end of June.
“Not that the rollout will ever stop, but we have a concerted plan to do a rollout over the next 60 days and go from there,” said Dennis Yablonsky, CEO of the Allegheny Conference. He added, “Eventually a more detailed plan will emerge."
Rev. James(민기) Lee