Nevada’s workforce not meeting the needs of in-demand occupations

Updated November 13, 2017 - 7:29 pm

Nevada’s graduates are not adequately prepared to enter the workforce, according to a new report commissioned by the Las Vegas Global Economic Alliance.

The top five in-demand occupations in Southern Nevada — managers, general and operations managers, software developers, business operations specialists and registered nurses — could collectively support 1,733 additional workers to meet current demand, according to the report.

Recent graduates or soon-to-be graduates should leverage whatever skills and training they have and “repurpose” it in a way that can help meet demand, said John Snow, principal at Baton Rouge, Louisiana-based consulting firm Emergent Method, which produced the report.

Snow said a skills gap is “a function of economic success.” In most successful economies, and especially in economies, like Nevada’s, that have shifted focus in recent years, there is a workforce pipeline lag, Snow said.

But success is not sustainable without the workforce needed to actualize the economy’s potential.


‘Dynamic industries’

Earlier this year, the Las Vegas Global Economic Alliance identified seven target industries as key areas for growth in the next five years: business headquarters and services; emerging technology; logistics, manufacturing and supply chain management; autonomous systems; finance, banking and insurance services; health care services and medical education; and gaming, tourism and conventions.

“When you look at some of these industries and sectors that organizations like the LVGEA have targeted, they are very dynamic industries with dynamic workforce needs,” Snow said.

Jonas Peterson, CEO of the alliance, said this is the first time Southern Nevada has a detailed road map for the local workforce.

“We have a detailed look at occupations and skill sets that we need to support our economy today,” he said. “Southern Nevada is going to have massive needs for managers, software developers, nurses, computer systems analysts. We’re going to have a lot of opportunity for workers.”

One of the most encouraging things for Southern Nevada, Snow said, is that there is a “strong level of cooperation” among different stakeholders in the state to address workforce demands.

The Governor’s Office of Workforce Innovation is working to improve apprenticeship programs and help align workforce needs with offerings at educational institutions; corporations are partnering with universities; private sector leaders are partnering with Clark County School District leaders; and many training programs are underway or in the pipeline to help provide the skills needed to fill workforce demands.

“Southern Nevada is really poised to address these challenges,” Snow said.

Opportunity or burden

And these challenges are very real for employers.

The report identified a current shortage of 103 computer systems analysts in Southern Nevada.

Debbie Banko, CEO of Las Vegas-based Link Technologies, an information technology consulting firm, said hiring has been “very, very difficult.”

“Schools and universities are not giving students the real-world knowledge they need,” Banko said. “Students are coming out of universities not knowing enough to get the certifications that they need.”

The report also identified a shortage of 164 financial managers.

John Fobes, managing director of Northwestern Mutual in Las Vegas, said he sees the shortage as a great opportunity. The financial services company has an internship program, which Fobes said helps the company mold new grads into its preferred workers.

“There’s a large amount of millennials and graduating students that I think are pretty well-prepared through the various business schools, and we’re just giving them more specific training in financial management,” Fobes said.

Contact Nicole Raz at nraz@reviewjournal.com or 702-380-4512. Follow @JournalistNikki on Twitter.

ad-high_impact_4
Business
Bellagio, MGM Resorts International’s luxury hotel turns 20
The more than 3,000-room Bellagio hotel is situated on the site of the former Dunes Hotel. The Dunes was imploded in 1993, and construction of the Bellagio started in 1996. It cost $1.6 billion to build, making it the most expensive hotel in the world at the time. The Bellagio was former Wynn Resorts Ltd. Chairman and CEO Steve Wynn’s second major casino on the Strip after The Mirage. MGM Resorts International acquired the property from Steve Wynn in 2000. (Tara Mack/Las Vegas Review-Journal)
Facial recognition software at G2E – Todd Prince
Shing Tao, CEO of Las Vegas-based Remark Holdings, talks about his facial recognition product. (Todd Prince/Las Vegas Review-Journal)
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Bobby Baldwin to leave MGM
MGM Resorts International executive and professional poker player Bobby Baldwin is set to leave MGM.
Caesars has new armed emergency response teams
Caesars Entertainment Corp. has created armed emergency response teams. They are composed of former military and law enforcement officials. "These teams provide valuable additional security capabilities,” Caesars spokeswoman Jennifer Forkish said. Caesars is hiring Security Saturation Team supervisors, managers and officers, according to LinkedIn. The company did not say how many people it plans to hire for the units. (Las Vegas Review-Journal)
Las Vegas, airlines prepare for CES
CES in January is expected to attract more than 180,000 attendees. (Las Vegas Review-Journal)
AGS partners with Vegas Golden Knights
AGS is the nation’s second-largest manufacturer of Class II slot machines used primarily in tribal jurisdictions. It announced a marketing partnership with the Vegas Golden Knights NHL team. (Las Vegas Review-Journal)
Lehman Brothers bet big on Las Vegas
Lehman Brothers collapsed 10 years ago, helping send the country into the Great Recession.
Fremont9 opens downtown
Fremont9 apartment complex has opened in downtown Las Vegas. (Marcus Villagran/Las Vegas Review-Journal) @marcusvillagran
Ross & Snow launches in Las Vegas
Luxury shoe brand Ross & Snow has opened in Las Vegas, featuring "functional luxury" with premium shearling footwear. (Bailey Schulz/Las Vegas Review-Journal)
Remote Identification and Drones
DJI vice president of policy and public affairs discusses using remote identification on drones. (Bailey Schulz/Las Vegas Review-Journal)
Drones and public safety in Nevada
Two representatives in the drone industry discuss UAV's impact on public safety. (Bailey Schulz/Las Vegas Review-Journal)
Frontier Airlines to launch flights from Las Vegas to Mexico
Frontier, a Denver-based ultra-low-cost carrier, will become the first airline in more than a decade to offer international service to Canada and Mexico from Las Vegas when flights to Cancun and Los Cabos begin Dec. 15. (Rick Velotta/Las Vegas Review-Journal)
MGM Resorts International CEO Jim Murren addresses Oct. 1 lawsuits
MGM Resorts International Chairman and CEO Jim Murren addresses criticism his company has received for filing a lawsuit against the survivors of the Oct. 1 shooting. (K.M. Cannon/Las Vegas Review-Journal)
MGM Resorts International opens the doors on MGM Springfield
Massachusetts’ first hotel-casino opens in downtown Springfield. The $960 million MGM Springfield has 252 rooms and 125,000-square-feet of casino. (K.M. Cannon/Las Vegas Review-Journal)
MGM Resorts International prepares to open MGM Springfield
Las Vegas-based MGM Resorts International gave news media and invited guests a preview of the $960 million MGM Springfield casino in Massachusetts. The commonwealth's first resort casino will open Friday, Aug. 24. (K.M. Cannon/Las Vegas Review-Journal)
A Walk Through Circus Circus
It only takes a short walk through Circus Circus to realize it attracts a demographic like no other casino on the Strip: families with young children. (Todd Prince/Las Vegas Review-Journal)
Morphy Auctions, a vintage slot machines seller, wants gaming license
Vice president Don Grimmer talks about Morphy Auctions at the company's warehouse located at 4520 Arville Street in Las Vegas on Thursday, Aug. 16, 2018. (Rick Velotta/Las Vegas Review-Journal)
Nevada's venture capital money doesn't stay in state
Zach Miles, associate vice president for economic development for UNLV, said there’s venture money in Southern Nevada, “but trying to find the right groups to tap into for that money is different.” According to a 2017 report from the Kauffman Foundation, Las Vegas ranked number 34 out of 40 metropolitan areas for growth entrepreneurship, a metric of how much startups grow. With a lack of growing startups in Las Vegas, investment money is being sent outside of state borders. The southwest region of the U.S. received $386 million in funding in the second quarter, with about $25.2 million in Nevada. The San Francisco area alone received about $5.6 billion. (source: CB Insights)
Neon wraps can light up the night for advertising
Vinyl wrap company 5150 Wraps talks about neon wraps, a new technology that the company believes can boost advertising at night. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Nevada on the forefront of drone safety
Dr. Chris Walach, senior director of Nevada Institute for Autonomous Systems, talks to a reporter at NIAS's new Nevada Drone Center for Excellence of Public Safety, located inside the Switch Innevation Center in Las Vegas. K.M. Cannon Las Vegas Review-Journal @KMCannonPhoto
Motel 8 on south Strip will become site of hotel-casino
Israeli hoteliers Asher Gabay and Benny Zerah bought Motel 8 on the south Strip for $7.4 million, records show. They plan to bulldoze the property and build a hotel-casino. Motel 8 was built in the 1960s and used to be one of several roadside inns on what's now the south Strip. But it looks out of place today, dwarfed by the towering Mandalay Bay right across the street.
TOP NEWS
News Headlines
Add Event
Home Front Page Footer Listing
Circular
You May Like

You May Like