EWD Programs Support Business
As the U.S. economy continues to show improvement, recent figures from the Bureau of Labor Statistics indicate that California has led the nation in job creation, adding over 233,000 jobs year over year through November 2011. The businesses creating these new jobs, many of which are in the technology, entertainment, healthcare, international trade, and tourism sectors, seek trained workers who are prepared to meet job requirements. The California Community Colleges Economic and Workforce Development Program (EWD) supports businesses statewide through its comprehensive array of employment training and business assistance programs. EWD preserves jobs and creates new ones by training workers to meet business needs in days, not months. From 2002 to 2009, EWD programs annually assisted an average of 41,000 businesses, 107,000 students and trainees, and placed 4,300 individuals in jobs.
Time Structures, Inc., recently completed an independent analysis of the economic impact derived from EWD programs and found that of 2,244 businesses accessing EWD business assistance programs, each assisted business was able to create an average of 1.4 more jobs compared to similar businesses not receiving this type of help. A total of 3,152 jobs were created, many of which were at smaller businesses-those with fewer than 50 employees and who employ the majority of California workers.
In addition, the study showed that workers who accessed EWD training programs either acquired the skills needed to earn a promotion, or filled open jobs at businesses requiring more highly skilled workers. The training, at an average cost to the state of $589.00 per worker, generated additional tax revenue of $450.00 based on their increased earnings, nearly offsetting the entire cost of the programs.
In this edition of GROW California, we highlight the many ways in which EWD works with business and industry to create jobs in our state. EWD is committed to identifying business requirements and creating programs that help companies access resources and make investments in human capital, resulting in increased profits, expanded productivity, and the ability to compete globally.