Maryland Workforce Development Initiatives
Since January 2015, Maryland's workforce has seen significant growth with over 101,500 new jobs created. The state's Labor Force Participation Rate remains consistently higher than the national average. Initiatives such as Registered Apprenticeship programs and EARN Maryland have contributed to skill development and job placement for Maryland residents. Various programs and partnerships have resulted in economic activity and boosted employment opportunities in the state.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Marylands Workforce Development Growth SECRETARY KELLY M. SCHULZ MARYLAND DEPARTMENT OF LABOR DECEMBER 11, 2018
Improving Marylands Workforce Since January 2015, total employment in Maryland has increased by 101,500 jobs. Active employer accounts registered with the Division of Unemployment Insurance reached the highest amount ever recorded in Maryland (149,658) and have grown almost 6% since 2015. Maryland s Labor Force Participation Rate is consistently higher than the national rate. In July 2018, Maryland had a rate of 67.5% compared to the national rate of 62.9%. 2
Registered Apprenticeship Since October 2016: 22 sponsors reactivated 266.7% increase from previous 45 months 3 grants totaling $4,016,649 awarded to DLLR 45 new sponsors registered 95.7% increase from previous months In January 2015, Maryland had 8,135 Registered Apprentices. As of October 2018, Maryland has 10,162 Registered Apprentices, an increase of 24.9% Currently, there are 143 active sponsors 3
EARN MARYLAND 74 Strategic Industry Partnerships comprised of over 1,000 employers and industry partners 5,600 incumbent workers have received additional training, leading to a new skill, certification, or credential 3,573 unemployed/underemployed Marylanders completed training programs, of which 2,971 (83%) obtained employment For every $1 invested, $18.50 in economic activity is created Under the Hogan administration, EARN Maryland budget has doubled that of past years, with an added $4 million investment in cyber and green jobs training 4
Maryland Business Works MBW Program Highlights: PY 2015 PY 2017 Awarded $1,059,966 for 1,228 trainees at $863.16 per participant 626 positions increased wages and 694 new positions were created 484 registered apprentices benefitted at an average cost of $966.38 Over 200 businesses participated with 70 businesses accessing multiple grant awards During FY 2018, the Department of Commerce s Partnership for Workforce Quality program provided $1,658,889 in training grants that are projected to support training of 1,210 employees 5
Thank You Questions? 6
