Regional Workforce Study
Regional employers will need to fill more than 30,000 job openings over the next five years in the five-county region of South Carolina and Georgia represented by the SRS Community Reuse Organization (SRSCRO).
That is a key finding of a new study released on April 22, 2015. TIP Strategies, an Austin, Texas-based economic consulting firm, performed the study for the SRSCRO by examining workforce trends in the five counties the SRSCRO represents – Aiken, Allendale and Barnwell in South Carolina and Richmond and Columbia in Georgia.
The detailed labor study delved into four of the region’s key economic drivers – nuclear, manufacturing, cybersecurity/IT, and healthcare. TIP Strategies conducted a comprehensive analysis of the region’s labor force and factors driving demand. They examined alignment between education output and industry requirements.
In addition to the new jobs that will come with growth of the region’s leading industry sectors, a large number of experienced workers are retiring, particularly in the region’s skilled trades and technical positions.
To address these challenges, industry leaders, educational institutions and economic development organizations will need to collaborate and ensure that the region’s talent pipeline is well-aligned with industry needs.