Report

The Workforce Narrative project, a two-year initiative funded by The Annie E. Casey Foundation, examined new ways of thinking about workforce development, and the challenges presented by lacking attention from policymakers to this critical system. As part of the project, this report provides historical and economic rationale for increased workforce development investment; as well as possible economic challenges and opportunities for future workforce development.

April 13, 2007

In This Report, You’ll Learn

  1. 1

    How global competition is transforming industries in every region.

  2. 2

    The economic impact of a shortage of skilled workers.

  3. 3

    The impact of workers bring required to learn new skills with increasing frequency.

  4. 4

    The tradeoffs of outsourcing to stay competitive.

  1. 5

    The need for regional and state-level strategic planning and funding for so-called ‘clusters of opportunity.’

Key Takeaway

A Region-By-Region Approach to Workforce Investment

The gap between demand for skilled workers by clusters and the available supply can be addressed on a region-by-region approach using a ‘cluster of opportunity’ framework.

Clusters of Opportunity

Findings & Stats

Statements & Quotations