11a. Presentation - Equitable Recovery Briefing
Item No. 11a_supp_1 Date of Meeting May 25, 2021 Equitable Recovery Briefing Equitable Recovery Updates on Recovery Plans and Initiatives Greater Seattle Partners, Workforce Development Council, Tourism Alliance Port recovery investments and listening sessions Panel presentation from government partners on how they are using their resources to support equitable recovery Pamela Banks, City of Seattle Director of Recovery and Equitable Investment and Interim Director of Office of Economic Development Ashton Allison, Director of Economic Development and Recovery, King County Executive's Office Kate Becker, Creative Economy Director, King County Executive's Office Chris Green, Assistant Director, WA Department of Commerce 2 HIGH STAKES The decisions made over the next year will determine whether regions merely enjoy a brief stimulus or seed a new trajectory of inclusive economic growth The stakes are high. The money needs to move fast and be deployed smartly and equitably In 10 years, we may look back at this time and ask: Which places merely spent their money, and which places invested it* *Joe Padilla, Brookings Institute 3 Greater Seattle Partners Have developed framework and compelling case for Equitable Recovery THE ECONOMIC CHALLENGE Not enough good jobs or Failure to realize potential of successful new businesses increasingly diverse talent pool Covid revealed a pre-existing crisis in Greater Seattle: 860,000 people out of work or in low-wage jobs Only 39% Over 30% had at least a 2-year degree of women of color with a college degree had a good job (vs. 65% of white men) 30% higher rate than Minneapolis-St. Paul Bottom third 13% decline in jobs in new businesses of large metros for representation of Black Denver and Austin: workers in management or technical jobs gains of 12% and 35% Huge gap in firm ownership people of color are 35% of workforce, own 8% of high-growth firms Covid revealed a pre-existin g crisis in Greater Seattle 4 Recovery Plan: Possible Initiatives and Next Steps Now forming "Partners for Prosperity" Possible Equitable Recovery Initiatives group to play backbone function guiding Minority Business Accelerator development of specific projects/initiatives. Equity Loan Fund Would include: Emerging Industry Business Attraction Research expertise Earn and Learn Job Training Initiatives Key industry organizations/leadership tables Project Managers of Initiatives Expansion of Youth and Preapprenticeships Community organizations Corporate Racial Equity Coalitions Core Partners include Urban League, Apprenticeship Consultants for Mid-Sized Firms Seattle Chamber, Industry associations, Evidence Based Hiring Cohort Ports, PSRC, WDC, etc. Job Hubs Group would track metrics, identify/align Childcare Expansion funding, identify gaps and opportunities, coordinate communications, etc. Initiatives Designed t o Address Job Creation, Talent, Bu siness Practices, Geographic Equity 5 Tourism Recovery Updates Destination Development: Grant programs Technical assistance Tourism workshops Regional partnerships Heritage area development Industry pandemic recovery POS Contribution $200,000 WTA Contribution $200,000 Tourism Recovery Updates Travel Publicity Program Stimulate earned media that bolsters travel from U.S./Canada air markets POS Contribution $200,000 WTA Contribution $200,000 Travel Trade Development Expansion of Sales and Development Initiatives POS Contribution $120,000 WTA Contribution $120,000 Regenerate North American Air Markets On hold until further improvement in enplanements POS Contribution $1,080,000 WTA Contribution $ 600,000 Workforce Development Council Update on regional plan for equitable economic recovery Disaster recovery placements support health care providers, community-based organizations, and food banks with wages and benefits reimbursements Immigrant & Refugee Workforce Summit, May 26, 2021: sharing of regional plan and framework for I&R workforce equity, and feedback and input on COVID relief and recovery efforts to advance I&R workforce strategies $1 million JP Morgan Chase grant to support implementation of regional plan Summit on "Taking Action: Realizing Racial Equity in Washington State's Technology Sector," Fall 2021: bringing together of IT corporations and BIPOC representatives to develop solutions in the IT sector to achieve racial equity 8 POS alignment with WDC and GSP Equitable Recovery Goals and Metrics Missing Out of Work Low Wage Underemployed Entrepreneurs # of people of color connected to # of people of color connected # of people of color in better # of new or larger businesses owned promising jobs to living wage jobs jobs by people of color or women WORKFORCE DEVELOPMENT 1,100 job placements Airport Employment Center 87% BIPOC 69% South King County residents Airport University 200 training completions 11 AMT training enrollments AMT Career Pathway 90% BIPOC 123 job placements Construction Worker Outreach, (apprenticeships and trades related jobs) Training, and Retention 71% BIPOC 58% Priority Hire ZIP Codes 30 internships Youth Maritime Internships 90% BIPOC POS DIVERSITY IN CONTRACTING 325 WMBE firms WMBE (2020 actual) 11% utilization rate (contract $) 9 POS alignment with WDC and GSP Equitable Recovery Goals and Metrics Missing Out of Work Low Wage Underemployed Entrepreneurs # of people of color connected to # of people of color connected # of people of color in better # of new or larger businesses owned promising jobs to living wage jobs jobs by people of color or women POS CONSTRUCTION 5,882 labor hours worked by priority workers/33% (3 projects) Priority Hire 9,768 labor hours worked by people of color/56% 3,387 labor hours worked by women/19% 376,898 labor hours worked by apprentices/23% (30 projects) Apprenticeship Utilization 143,035 apprentice hours worked by people of color/38% 35,471 apprentice hours worked by women/9% POS APPRENTICESHIPS AND INTERNSHIPS Apprenticeships 12 apprentices 58 high school interns Internships 17 college interns 196 youth interns Opportunity Youth Initiative 93% BIPOC 10 POS alignment with WDC and GSP Equitable Recovery Goals and Metrics Guiding questions How can the Port's How can the Port's What more can the Port existing workforce existing efforts be be doing to contribute to development efforts be improved upon or equitable economic expanded or increased to enhanced? recovery? make more of a (e.g., enhance apprenticeship and (e.g., collaborate with other contribution to regional internship opportunities, consistent regional partners to create a job with the focus of one possible GSP hub, another possible GSP initiative, equitable economic initiative on earn and learn targeting port impacted recovery? strategies) communities and port related (e.g., increase goals and targets for sectors) career pathways, apprenticeships, internships, WMBE contracts, etc.) 11
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