Jay Banfield
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- Milken Institute49 min
Shaping the Workforce of the Future: Academia and Employer Partnerships
Kevin Klowden, Eloy Ortiz Oakley, Soraya M. Coley, Jay Banfield, Manoli Ratnatunga
The 2018 State Technology and Science Index reports California maintains a fourth-place overall ranking despite significant challenges in human capital investment, where high living costs are driving a net outflow of bachelor's degree holders while attracting only those with advanced degrees. To address this divergence between job creation and local workforce readiness, the Milken Institute and academic leaders recommend shifting educational models toward competency-based learning, dismantling unnecessary credential barriers, and investing in infrastructure to retain skilled talent. Panelists highlighted specific initiatives, such as Cal Poly Pomona's social mobility improvements and community college partnerships with major employers, that aim to align curricula with industry needs and provide continuous reskilling pathways for a rapidly evolving economy.
- Milken Institute1h 7m
Preparing California for the Future of Work
Jane Oates, Jay Banfield, Rob Bonta, Ellen Junn, Phil Mathews, Eloy Ortiz Oakley, Ardine Williams
Aerospace Corporation and industry leaders at a California panel discussed record hiring trends while highlighting critical shortages of cleared engineers and the widening "middle skills" gap. Participants emphasized a strategic shift from traditional partnerships to deep integration among government, education, and employers to co-design curricula and expand apprenticeship models. The discussion concluded with a call to eliminate degree inflation, address soft skill deficits, and remove systemic barriers to build a scalable, diverse workforce capable of meeting future automation demands.