The Need for Vocational Education

The Need for Vocational Education Growing demand for skills based credentials cleanedison America's Skilled Labor Demand American Workforce: 1960 80,000 8 Million The number of skilled jobs currently unfilled in the manufacturing industry ' The number of jobs in construction, manufacturing and renewable energy by 20182 The current ratio of jobs in the American 1:2:7 60% economy that require a master's degree, bachelor's degree or professional certificate or associate's degree3 ITechnical Skills 20% INo Training 14-year Degree American Workforce: 2018 20% 33% I Technical Skills I No Training 57% 1 4-year Degree 10% $130 Billion $12.5 Billion Federal Funds for Federal Funds for Higher Education Vocational training 1. Boston Consulting Group 2013 (https://www.bcgperspectives.com/content/articles/lean_manufacturing_us_skills_gap_could_threaten_manufacturing_renaissance/) 2. Harvard University 2011 (http://www.gse.harvard.edu/news_events/features/2011/Pathways_to_Prosperity_Feb2011.pdf) 3. College Board 2013 (https://trends.collegeboard.org/sites/default/files/student-aid-2013-full-report.pdf) %24 %24