Virtual Career Center - C2ER · The Virtual Career Center •Apprenticeship and entrepreneur...

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Building Integrated Workforce Development Systems Virtual Career Center Leveraging LMI Data to Optimize Student Outcomes

Transcript of Virtual Career Center - C2ER · The Virtual Career Center •Apprenticeship and entrepreneur...

Page 1: Virtual Career Center - C2ER · The Virtual Career Center •Apprenticeship and entrepreneur resources To provide information and opportunity regarding post-secondary alternatives

Building Integrated Workforce Development Systems

Virtual Career Center

Leveraging LMI Data to Optimize Student Outcomes

Page 2: Virtual Career Center - C2ER · The Virtual Career Center •Apprenticeship and entrepreneur resources To provide information and opportunity regarding post-secondary alternatives

Geographic Solutions is the Nation’s Leading Provider of

Public Sector Employment Solutions

Your Complete Workforce Solution

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About Us

• Headquartered in Palm Harbor, FL

• West Coast Office in Salinas, CA

• Founded in 1992

• Over 300 Full-Time Employees

• Implemented Over 75 Workforce

Systems in 30 States and U.S. Territories

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To understand what Virtual Career Center is, ask yourself a few

questions…

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What is Virtual Career Center?

• When you were younger, did you know what you wanted to be when you grew

up?

• Are you doing now, what you wanted to do then?

• If not, what changed?

• Did you know where and what you wanted to study?

• Did you feel prepared to enter the workforce when you graduated from high

school or college?

• If not, why not?

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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A winning proposition

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Higher Education

• College graduates, on average, earned 56% more than high school graduates

The Economic Policy Institute, 2015

https://www.usatoday.com/story/money/2017/01/12/pay-gap-between-college-grads-and-everyone-else-record/96493348/

• This translates to as much as $1 million over the course of a lifetime

• The highest earning majors earn $3.4 million more than the lowest earning

majors

Georgetown University, 2015https://cew.georgetown.edu/wp-content/uploads/Exec-Summary-web-B.pdf

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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A winning proposition… with caveats

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Higher Education

• 44 million Americans have outstanding student loan debt

• This debt averages $34,144 or more, per borrower

Experian, 2017

https://www.experian.com/blogs/ask-experian/what-is-the-average-student-loan-debt/

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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A winning proposition… with caveats

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Higher Education

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

CNBC, 2018

https://www.cnbc.com/2018/02/15/heres-how-much-the-average-student-loan-borrower-owes-when-they-graduate.html

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A winning proposition… with caveats

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Higher Education

The Federal Reserve Bank of New York, 2019

https://www.newyorkfed.org/research/college-labor-market/college-labor-market_underemployment_rates.html

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

• Over 40% of recent

college graduates are

underemployed

• Over 34% of lifetime

college graduates are

underemployed

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A winning proposition… with caveats

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Higher Education

https://www.payscale.com/data-packages/job-skills

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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Addressing the symptoms

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Student Loans

• Nationwide student loan forgiveness

• A $1.49 trillion expense

The Federal Reserve Bank of New York, 2018https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/h

hdc_2018q4.pdf

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

• Annual Revenue: $3.645 trillion

• Annual Spending: $4.746 trillion

• Mandatory: $2.841 trillion

• Discretionary: $1.426 trillion

• Annual Deficit: $1.101 trillion

The Balance, 2019https://www.thebalance.com/u-s-federal-budget-breakdown-3305789

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Career clusters and pathways: Connecting career information

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The Skills Gap

Guiding program development in the creation of programs of study to bridge

secondary and postsecondary curriculum in order to prepare students for career

paths by creating individual plans of study

• 16 Career clusters

• 79+ Career pathways

• 1,800 Career specialties

Advance CTEhttps://careertech.org

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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A disconnected offering of solutions

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The Skills Gap

There are many private industry offerings that address portions of the overall

challenge, but few, if any address the challenge in it’s entirety

• Career cluster, pathway, and specialization planning for K through 12

• Career and program research tools for post-secondary institutions

• Job search and networking tools for graduate students

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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Aligning everyone involved to create

an all-in-one solution to address the

root cause of the skills gap and

student loan crisis

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The Virtual Career Center

• Students

• Academic Institutions

• Employers

• Workforce Agencies

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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For the students

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The Virtual Career Center

• Career cluster, pathway, and specialization research

Customizable by implementation to highlight regional in-demand pathways

• Career exploration and assessments

Based on industry standards such as ONET assessments and BLS data to identify interests

• Current and historic labor market statistics

Provided by state and local workforce agencies to align academia with real- world regional

labor market data for curriculum development and student career research

• Post-secondary institution and program exploration

Research over 6,800 institutions to identify education pathways that align with career goals

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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For the students

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The Virtual Career Center

• Apprenticeship and entrepreneur resources

To provide information and opportunity regarding post-secondary alternatives

• Internship resources

Providing a platform for students to find internships that match their enrolled program

• Resume builder and interview practice

A comprehensive resume builder tool to create professional resumes immediately

discoverable by over 2 million currently active employers

• Job search and networking tools for graduate students

Find jobs related to a student’s program by searching up to 10 million job postings, posted

directly by employers and spidered by over 12,000 bots daily

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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For the academic institutions

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The Virtual Career Center

• Program and curriculum alignment with labor market demand

Adapt curriculum to meet trends identified directly by the regional Workforce Agency

leveraging data from WID, BLS, DOL, ONET, US Census, College ScoreCard, IPEDS, and

an industry leading collection of real-time job postings

• Counseling tools to guide students

Interact with students by reviewing worksheets, goal attainment, and interests

• Activity and progress tracking

Monitor student activity throughout their academic career to ensure they are completing the

tasks necessary to maximize their preparedness for whatever comes next

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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For the academic institutions

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The Virtual Career Center

• Job placement tools

Review student resumes and guide them towards jobs that match their skillset

• Graduate outcome tracking

VCC’s capability to be integrated directly with state and local Workforce Agency VOS systems

enables academic institutions the unprecedented capability to track job placement outcomes

by program without having to perform surveys

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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For the employers

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The Virtual Career Center

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

• Access to entry level talent and experienced talent in a single location

Find students that match desired skillsets for internship and entry-level positions in the same

regional Workforce Agency board where experienced professionals are already discovered

• Real-time labor market intelligence

Forecast supply and demand with the same comprehensive LMI data available to Workforce

Agency analysts

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For the Workforce Agencies

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The Virtual Career Center

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

• Seamlessly integrated student to job seeker transition

VCC integration to Workforce VOS sites provides students the ability to convert directly to job

seekers as soon as they begin their job search – all of their activity carries over

• Reporting on upcoming graduates

Forecast supply and demand by generating reports on current real-time academic enrollment

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Virtual Career Center Beginnings

2015 New Mexico Career Solutions

2017 Virtual Career Center

2018 New Mexico Career Solutions VCC Upgrade

2019 Florida International University

2019 Florida Memorial University

2019 Miami-Dade Community College

2019 St Thomas University

2020 More to come!

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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A Cradle to Career Solution

Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

Requires subject matter expertise

• Name: Hazel

• Joined: 03/19/19

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21Copyright 2019 Geographic Solutions, Inc. All rights reserved. The information contained in this presentation is to remain strictly confidential and should not be distributed.

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Questions and Contact Information

Corporate Headquarters:

1001 Omaha Circle - Palm Harbor, FL 34683

Ph: 727-786-7955 – Fax: 727-786-5871

West Coast Office:

234 Capitol Street, Suite A – Salinas, CA 93901

Ph: 831-757-4400 – Fax: 831-757-4401

www.GeographicSolutions.com

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Dan CobusBusiness Development Manager -

Education

[email protected]

Brent FredenrichLead Programmer/Analyst

[email protected]

Cynthia PortugalInside Sales Specialist

[email protected]