Executive Summary

The FutureMakers Coalition aims to transform Southwest Florida’s workforce by increasing the proportion of skilled working age adults with college degrees, workforce certificates, industry certifications and other highquality credentials to 55 percent. This report is one of a series created by the FutureMakers Coalition with a view towards identifying opportunities and fostering outcomes to achieve the goal of 55 percent skilled working age adults in support of a diversified and resilient economy, and an improved quality of life for Southwest Florida. Much of the information in this report was developed with the most recent available data from publicly available federal and state databases, which may take into account a lag time from the writing of this report (which was delayed due to the COVID-19 crisis). The available outcomes data indicate that Southwest Florida is making positive progress towards achieving the goal with an increase from 39.0 percent in 2013 report (the baseline year) to 41.2 percent skilled workers among working age adults in 2018. (NOTE: The method behind estimating the number of high-quality credential holders has been changed in the current edition of the report. Please see the Notes About the Report section.) Demographics show that Southwest Florida population is growing and at a faster rate than the State of Florida with primary growth occurring in the coastal counties of Southwest Florida. In 2018 there were 605,015 working age (25-64) adults (an increase of 6.8 percent since 2014) and 249,486 in the skilled workforce (an increase of 6.9 percent since 2014). Meeting the 55 percent goal would have required 332,758 working age adults in the skilled workforce, or approximately 83,000 more skilled working age adults in 2018. This observation suggests that the FutureMakers Coalition and its network partners must not only maintain, but expand, their efforts to identify opportunities and to foster outcomes to achieve the goal of 55 percent in skilled working age adults in support of a diversified and resilient economy. Educational Outcomes indicate general positive progress in Aspiration and Preparation, Access and Entry, Persistence and Completion measures. Third Grade Reading, High School Graduation Rates, Post-Secondary Fall Enrollment, and Technical Education Fall Enrollment have trended upward in Southwest Florida. Kindergarten Readiness, FAFSA Completion Rate, Retention, and On-Time Completion have trended downward. Selected outcomes are presented by race and ethnicity and by gender. In general, the races and ethnicities represented by Southwest Florida’s minority residents achieved worse educational outcomes, possibly suggesting that 1.) the discrepancies in attaining better outcomes may be the result of long-standing systemic barriers that still exist for the populations with lower attainment; and 2.) further efforts are needed to support our priority populations – adults with some college, but no degree; adults with no education post-high school, and traditional-age students who are at risk of not pursuing and completing education beyond high school. Businesses and education institutions must design and implement policy and procedural changes to begin to address that untapped Southwest Florida workforce – the nearly 60 percent working age adults who do not currently hold a high-quality credential beyond high school. It is anticipated that the information in this report will lay the groundwork for additional research and further evaluation to be developed by Futuremakers Coalition and its network partners regarding systemic race, ethnicity, and gender inequities. Rigorous definitions and more accurate means of measurement of inequities in education and in the workforce must be identified and developed. Data in this report indicate that inequity acts as a barrier to meeting the 55 percent goal for Southwest Florida.

The Workforce Now report indicates that of the 414,151 average monthly workers, the Retail Trade, Accommodation and Food Services, Health Care and Social Assistance, and Construction Industries comprise the majority (approximately 61 percent) of total employment in Southwest Florida. Those four industries also have the highest projected average annual growth comprising approximately 53 percent of additional jobs between 2019 and 2027. The average annual wage for all industries is approximately $45,000. The report also includes projected occupation growth, level of education, and their median hourly wages. A study from the Georgetown Center on Education and the Workforce states that high school graduates receive a 20 percent wage premium from possessing a certificate. The workforce now data provides a valuable tool for college and career readiness professionals and mentors to help students identify the best education to employment pathways.