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As Labor Shortage Looms, Metro Workforce Planning Ramps Up

The 7-county Minneapolis-Saint Paul region faces a worker shortage of over 62,000 by 2020. RealTime Talent and MSP Win are bringing new research to the table to help workforce planners mobilize around our current and future needs, an essential step if we are to maintain our region’s growth and competitiveness.

Workforce development professionals must be able to quickly support each jobseeker to identify and train for the career they aspire to; using data analytics on a regular basis creates stronger coordination between organizations and the best results for both jobseekers and employers.
In the last few years, a range of online analytical tools have enabled a clear view of our dynamic and constantly changing labor market. For the first time, this data is available to job counselors not just as information for reflection, but as a real-time action tool to direct jobseekers to the best opportunities.

We have developed a series of Sector Analysis Reports – a regional overview document and its one-page profiles of IT, manufacturing, construction, healthcare, business and financial services, and government – to provide an analytical methodology to know and react to demand, supply, and training program outcomes. In other words, these tools can help us more efficiently close the worker gap. We hope that you see value in this data and decide to replicate this kind of analysis in your own sectors and communities.

We believe workforce development must now be based on a real-time feedback loop. If you don’t know the analytics and if you can’t easily answer the top two jobseeker questions in an informed way, you can’t advise jobseekers well and you can’t help close the gap. So let’s start doing things differently.

Read, download, or print the full reports here, or take a look at the Information Technology sector overview report here.

Feature in Twin Cities Business Mag: MHTA Rolls Out New Skills-Focused Job Board

RealTime Talent’s newest platform, the Exchange, was featured in Twin Cities Business Magazine this week in a story highlighting the Minnesota High Tech Association’s new site. The story was picked up at MHTA’s Tech.2017 breakfast which was held at the Metropolitan Ballroom last week and drew around 200 leaders in high tech innovation.  Featured in the article are insights from Margaret Anderson Kelliher, President and CEO of MHTA, and WorkFountain’s Program Manager for Minnesota, Dave Kornecki.

The full article by Andrew Eggert can be read on the Twin Cities Business Magazine website at: http://tcbmag.com/News/Recent-News/2017/February/MHTA-Rolls-Out-New-Skills-Focused-Job-Board