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Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

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Page 1: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

Redefining Southeastern Wisconsin

Terry LudemanDepartment of Workforce

Development

October 9, 2003

Page 2: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

2001 Average Annual Wages

7. Illinois $39,058

11. Michigan $37,387

14. Minnesota $36,585

28. Wisconsin $31,556

United States Average is $36,214

Page 3: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

Wisconsin’s Educational Attainment Ranks

•33rd in any form of post-secondary education

•9th in associate’s degrees

•29th in bachelors degrees

•36th in graduate or professional degrees

% Bachelors Degree or Higher

Minnesota 27.4%

Illinois 26.1%

U.S. 24.4%

Wisconsin 22.5%

Page 4: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003
Page 5: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

Dynamic Metropolitan Areas--Creative,Venturesome

Denver, CO

Atlanta, GA

Twin Cities, MN

Seattle, WA

Austin, TX

Madison, WI

San Diego, CA

Portland , OR

Page 6: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

Stoic Metropolitan Areas

Milwaukee, WI

Pittsburgh, PA

Cleveland, OH

St. Louis, MO

Philadelphia, PA

Hartford, CT

Providence, RI

Page 7: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

Dynamic Metropolitan Areas--Creative,Venturesome

Denver, CO

Atlanta, GA

Twin Cities, MN

Seattle, WA

Austin, TX

Madison, WI

San Diego, CA

Portland , OR

Page 8: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

Three Demand Items:

•Wisconsin has been experiencing a strong growth in the number of jobs

•There is an increasing demand being driven by the increase in the number of people in Wisconsin turning retirement age

•Older citizens are leading consumers as they are generally wealthy.

Page 9: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

Major Supply Side Issues:

•A decrease in numbers of young entry level workers tied to a dramatic decrease in births:

•A nearly full labor force participation by females

Other Supply Side Issues:

•Commuting net loss

•Loss of Talented Young People

•Low in-migration

Page 10: Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003

Redefining Southeastern Wisconsin

• Make the area an attractive place for creative talented young people.– Diverse– Tolerant– Open to new ideas