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LVEDC Talent Supply Update: Steps Employers Must Take

By Colin McEvoy on December 4, 2017

LVEDC Director of Talent Supply Karianne Gelinas

LVEDC Director of Talent Supply Karianne Gelinas

Each week, Karianne Gelinas, Director of Talent Supply with the Lehigh Valley Economic Development Corporation (LVEDC), will provide an update and additional information about its ongoing initiative to identify talent supply and demand issues in the region and create a strategy that results in a broader, ongoing understanding of the Lehigh Valley workforce. (See past updates.)

The LVEDC talent supply study is currently underway, with the goal to increase knowledge about talent supply and demand in the Lehigh Valley among employers, educators, and regional workforce and economic development providers.

In that same vein, Guardian Life Insurance Company of America previously released a study entitled “The Next Generation of Work,” which looked at how American employers can prepare for how the “automation revolution” is transforming American jobs and future skill requirements.

That study included four steps employers must take to prepare for the workplace of tomorrow. Those steps can be found below:

Click here to read more about LVEDC’s ongoing talent supply initiative. Click here to see previous talent supply initiative updates.

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Lehigh ValleyQuick Facts

Industry Spotlight

9.1% of Labor Force
Employed in Professional, Technical, Financial & Business Services
Q2 2017

By the Numbers
$39.1 Billion

Gross Domestic Product
2016

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City Center Lehigh Valley
Industry Spotlight

10.5% of Labor Force
Employed in Manufacturing
Q2 2017

By the Numbers
$3.44 Billion

Exports
2015

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Air Products
By the Numbers
$59,989

Median Household Income

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PPL Electric Utilities
By the Numbers
24,246

New Jobs Created Over Past 5 Years

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National Penn
By the Numbers
659,312

Population

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Olympus
By the Numbers
344,623

Labor Force

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Lutron Electronics
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33% of Labor Force
Employed in Health Care, Social Assistance & Education

By the Numbers
4,399

Technology Patents from 2000-2015

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Mack Trucks
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10.7% of Labor Force
Employed in Accomodation, Food Services, Arts, Entertainment & Recreation

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UGI
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NFI
By the Numbers
$6.9 Billion

Manufactuing Contribution to GDP
2016

By the Numbers
$7.98 Billion

Finance, Insurance & Real Estate
Contribution to GDP
2016

By the Numbers
$5.3 Billion

Professional & Business Services
Contribution to GDP
2016

By the Numbers
21.7%

Population between ages 18 and 34