2017 Manufacturing Regional Summits. Indiana Manufacturers Association

Transcription

1 2017 Manufacturing Regional Summits Indiana Manufacturers Association

2 Host Remarks Amatrol, Inc.

3 The State of Indiana Manufacturing Indiana Manufacturers Association

4 35% 30% Indiana - Most Manufacturing Dependent Economy in Nation 2016 Manufacturing as Percent of State GDP 29% 25% 20% 19% 19% 17% 18% 15% 13% 10% 5% 0%

5 Indiana 2016 GDP Share by Industry 30.00% 29% - $98.4 billion 25.00% 20.00% 15.00% 15% Publicly Funded 10.00% 5.00% 9% 9% 8% 6% 5% 4% 4% 3% 2% 2% 2% 1% - $4 billion 0% 0.00%

6 Indiana Compares Favorably to U.S. & Great Lakes Region Over Time Based on % of GDP Attributed to Manufacturing 35.0% 30.0% 25.0% 20.0% 15.0% Indiana Great Lakes United States 10.0% 5.0% 0.0%

7 Indiana is 2 nd in Nation in Manufacturing Job Growth State Manufacturing Jobs Added Since July 2009 * Michigan 157,000 1 Indiana 101,100 2 Ohio 73,800 3 Texas 52,100 4 Florida 49,400 5 Wisconsin 48,500 6 Kentucky 42,900 7 Tennessee 42,400 8 South Carolina 39,200 9 Rank Georgia 33, * July 2009 represents the low point of employment in Indiana. Job growth is as of July 2017, per Indiana Department of Workforce Development.

8 Indiana Manufacturing Compared to Other Sectors in Economic Output Over Time 2009 Chained Dollars (in billions) $100 $90 Manufacturing $80 Finance, insurance, real estate, rental, and leasing $70 Educational services, health care, and social assistance $60 Construction $50 Professional and business services $40 Retail trade $30 Wholesale trade $20 Arts, entertainment, recreation, accommodation, and food services $10 Transportation and warehousing $- Other services, except government

9 Indiana Employment by Private Sector Industry December , , , , , , ,000 0

10 Average Indiana Weekly Wage by Sector Q $1,200 $1,152 $1,000 $800 $600 $400 $200 $0

11 Indiana Manufacturing Establishments by Type Q Fabricated Metal Product ,772 Machinery Printing and Related Support Activities Miscellaneous 499 Transportation Equipment Other Food Wood Product Furniture and Related Product Plastics and Rubber Products Nonmetallic Mineral Product Chemical Computer and Electronic Product Primary Metal Beverage and Tobacco Product

12 Indiana Manufacturing Employment in Indiana by Type December ,109 9,265 Fabricated Metal Product 5,179 3,444 3, Transportation Equipment 13,788 Machinery 14,416 14,456 15,354 25,019 29, ,904 Primary Metal Plastics and Rubber Products Food Chemical Miscellaneous Furniture and Related Product Printing and Related Support Activities 30,583 58,769 Computer and Electronic Product Wood Product 39,211 42,410 Nonmetallic Mineral Product Paper 40,312 40,652 Electrical Equipment, Appliance, and Component

13 With Labor Productivity Rising, Real GDP Growth Will Outpace Employment Growth

14 Indiana s Real GSP Growth Also Outpaces Economic Growth, Indicating Higher Productivity & Wages

15 Key Economic Indicators for Indiana

16 Indiana s Job Market Remains Solid; Service Sector Growing More Slowly than National Average

17 Higher Productivity, Fewer Available Workers Will Translate Into Higher Wages

18 Revised Historic Data, Improved Outlook Make Manufacturing the Leading Job Provider

19 Peak in Vehicle Sales will Limit Further Gains in Auto Manufacturing Sector, a Major Indiana Employer

20 Home Building Increasing Steadily in Indiana, but Certainly Not Booming

21 Rocky Mountain & Pac Northwest Leading the Way in Job Growth

22 Indiana Population Growth Relatively Slow, but Outpacing Most Neighboring States

23 Bottom Line for Indiana Wage and salary income growth gets a boost from higher average wages Manufacturing still has some room to grow, even as auto sales level off Continued increase in labor force is key to attracting and retaining employers and sustaining economic growth Service sector can be supported by strong education system, attractive business environment Keep an eye on policy developments at the national level

24 Bottom Line for Indiana

25 U.S. Manufacturing Overview and Global Competitiveness

26 US Policy Assumptions A reduction in the statutory corporate income tax rate from 35% to 20%, partially offset by fewer tax credits, starting in 2018 Personal income tax reforms that lower the average effective federal tax rate from 20.7% to 19.7% in January 2018 An increase in public infrastructure investments totaling USD250 billion over 10 years Federal Reserve policy rate increases of 75 basis points in 2017, 2018, 2019, bringing the rate to a long-term equilibrium of 3%

27 Changes to Forecast Since December 2016 Higher manufacturing employment, production o State-level employment data revised for Indiana o National outlook has improved Demand for durables is improving, especially from fixed business investment Inventory over-hang has been mostly worked off, so more product needed to meet current demand U.S. corporate profits around 5% higher o Revenues about the same o Interest, wage expenses lower

28 US Economic Growth Will Strengthen in Short Term Consumer spending will increase at a moderate pace, sustained by robust gains in employment, real incomes, and household net worth Business fixed investment will benefit from an improving tax and regulatory environment, along with a recovery in energy prices With demand outpacing supply, homebuilding continues its slow recovery, even as interest rates rise

29 US Economic Growth Will Strengthen in Short Term The revival in industrial production will gain momentum as the inventory correction nears completion in mid-2017 Fiscal stimulus, accelerating wages, and strengthening loan demand will lead to higher interest rates In response to the dollar s appreciation, real import growth will outpace real export growth

30 US Economic Growth Rebounds in 2017 and 2018, as Investment Leads the Way

31 Job Growth Slows as US Approaches Full Employment, While Inflation Remains Steady

32 Industrial Production Will Rebound as Domestic Demand Strengthens & Inventory Correction Ends

33 Interest Rates Will Continue to Rise as Federal Reserve Normalizes Monetary Policy

34 Perceptions of the Industry: 2017 Survey 83% of Americans believe manufacturing is important to America s economic prosperity 8 in 10 Americans believe US manufacturing is important to maintain Americans standard of living 64% believe the US manufacturing industry is hightech 7 in 10 Americans believe the US should invest more in manufacturing

35 Perceptions of the Industry: 2017 Survey However o 1/3 of Americans would not encourage their children to pursue a manufacturing career because... 77% worried about security and stability 70% not a strong career path 64% believe manufacturing does not pay enough o Only half of Americans surveyed believe a career in manufacturing provides good pay relative to other industries Source: Deloitte 2017 Manufacturing Survey

36 2017 State of Manufacturing Survey Preview Katz Sapper & Miller

37 2017 Indiana Manufacturing Survey: Preliminary Findings

38 About the Study 11th Year Statewide Survey Spring Summer 2017 Manufacturers of all sizes All areas of state 1 in 8 Hoosier manufacturers have participated over the past decade Indiana Manufacturing Survey 38

39 Survey Respondents (2017) Other; 15% Aerospace and defense; 11% Sports / leisure; 2% Automotive; 21% Plant; 6% Other; 2% Division; 9% Industrial equipment; 18% Clothing / fashion; 1% Chemicals / petroleum; 3% Communications; 2% Food / beverage; 8% Company; 83% High-tech / technology; 6% Healthcare; 4% Furniture / home goods; 9% 2017 Indiana Manufacturing Survey 39

40 Business Environment 50% 45% 40% 35% 30% 25% 20% Challenged Stable Healthy 15% 10% 5% 0% Indiana Manufacturing Survey 40

41 Financial Performance 18% 16% 14% 16% 15% 12% 12% 12% 10% 10% 10% % Change in Revenue 8% 6% 9% 7% 6% 8% % Change in Net Profit Margin % Change in Capital Expenditure 4% 3% 2% 0% Indiana Manufacturing Survey 41

42 Manufacturing Performance Inventories growing Customer complaints (~5% of orders) and late deliveries (~9% of orders) increasing Process improvement gains harder to achieve Skilled worker shortages Regulatory burdens 2017 Indiana Manufacturing Survey 42

43 Today s Top Concerns: Facilities, Machinery, & IT 60% 55% 52% 50% 40% 45% 43% 44% 43% 45% 41% 39% 30% 27% 20% 18% 10% 12% 13% 14% 9% 0% 2013 Most Important 2014 Most Important 2015 Most Important 2016 Most Important 2017 Most Important Organizational measures (i.e., organizational structures and processes) Human resource development (i.e., trained workforce) Investment in facilities, machinery, and information technologies 2017 Indiana Manufacturing Survey 43

44 What Was Your Best Decision in the Past Year? Purchasing equipment that increased productivity and accuracy The purchase of additional automated machinery, doubling the rate of growth and expansion To upgrade machinery New factory investment to facilitate debottlenecking of existing factories Collaborative robotics AGV 2017 Indiana Manufacturing Survey 44

45 Manufacturing Jobs How are the number of manufacturing jobs in your business changing? Reasons that manufacturing jobs will be decreasing? 60% 50% 40% 30% 35% 54% 30% 25% 20% 15% 25% 19% 19% 25% 13% 20% 10% 11% 10% 5% 0% Decreasing Staying Constant Increasing 0% Automation will displace / replace workers Current workforce (e.g., "Baby Boomers") will be retiring Fewer young people will be going into manufacturing Jobs will be relocated / transferred to other countries Other 2017 Indiana Manufacturing Survey 45

46 Manufacturing Jobs Reasons that manufacturing jobs will be increasing? 40% 37% 35% 30% 27% 25% 20% 19% 15% 10% 11% 5% 5% 0% Improvements in U.S. manufacturing regulations and taxation Market-share for our current products will continue to grow More jobs will be We will be adding relocated / new product lines transferred here from overseas Other 2017 Indiana Manufacturing Survey 46

47 Workforce Development Do You Provide Onthe-Job Training? No 3% 60% 50% How problematic is the use of illegal drugs/the inability to pass drug tests in your company? 49% 40% 30% 20% 32% 19% 10% Yes 97% 0% No Problem A Limited Problem A Major Problem 2017 Indiana Manufacturing Survey 47

48 Recruiting Young People into Manufacturing Does your business have any problems recruiting young people into manufacturing? What advice would you give young people interested in a career in manufacturing? Be proud to make something (besides a latte). No 13% Learn to work and learn to be on time. You will obtain a better quality of life and security than most liberal arts majors and all service workers. Take it seriously. There are many opportunities. Yes 87% It is not your grandfather s industry. This is becoming a high-tech industry with clean working environments Indiana Manufacturing Survey 48

49 Recruiting Young People into Manufacturing Do you have any other ideas you'd like to share on how to better promote careers in manufacturing to young people? Educate teachers and guidance counselors on the opportunity, wages and need. Eliminate the negative stereotype of manufacturing employees and jobs through PR and marketing campaigns. Let's explain the technology at work in our manufacturing process. Granted we aren't Google or Facebook but we have some amazing technology in use. Vocational Training at centers such as Ivy Tech, Vincennes University, Lincoln Tech, etc. We need a cohesive plan across the state. We simply have too many cooks in the kitchen all trying to do the same things Indiana Manufacturing Survey 49

50 How well is manufacturing supported by government? 90% 80% 81% 70% 60% 62% 50% 40% 38% 30% 20% 19% 10% 0% Do you think Indiana's state government is doing a good job of supporting Hoosier manufacturing? Yes Do you think that Washington DC is doing a good job of supporting American manufacturing? No 2017 Indiana Manufacturing Survey 50

51 Regulatory Obstacles (2017) 80% 70% 68% 60% 60% 50% 50% 51% 48% 40% 36% 30% 20% 14% 26% 24% 16% 20% 29% 25% 27% 10% 6% 0% Changes to corporate tax rates Changes to the health care law Changes to energyefficiency standards Changes to environmental laws / standards New regulations to control greenhouse emissions Not Important Somewhat Important Extremely Important 2017 Indiana Manufacturing Survey 51

52 Corporate Taxes (2017) 70% 60% 50% 40% Will reducing the U.S. corporate tax rate help your business improve its competitiveness? 60% What percentage do you think the U.S. corporate tax rate should be? 30% 20% 10% 25% 15% Average = 19% (Std Dev. 6%) 0% Yes No Unsure 2017 Indiana Manufacturing Survey 52

53 North American Free Trade Agreement (NAFTA) Do you think that the U.S. should terminate NAFTA? Do you think that the U.S. should renegotiate NAFTA? 70% 60% 62% 70% 60% 62% 50% 50% 40% 40% 30% 20% 16% 22% 30% 20% 16% 22% 10% 10% 0% Yes No Unsure 0% Yes No Unsure 2017 Indiana Manufacturing Survey 53

54 Border Adjustment Tax (BAT) Do you think there should be a BAT on foreign products imported into the U.S.? What impact will a BAT on foreign products have on your business? 50% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% 43% 30% 27% Yes No Unsure 60% 50% 40% 30% 20% 10% 0% 56% Allow us to match the price of foreign-made products. 3% Allow us to undercut the price of foreign-made products. 21% 21% Unsure Other 2017 Indiana Manufacturing Survey 54

55 Cybersecurity 60% Is cybersecurity a problem in your manufacturing operations? 50% 50% 43% 40% 30% 20% 10% 7% 0% Yes No Unsure 2017 Indiana Manufacturing Survey 55

56 Summary Some performance problems Manufacturers most worried about facilities, machinery, and IT Workforce development remains vital Regulatory concerns also persist 2017 Indiana Manufacturing Survey 56

57 Questions or Comments? COMPILED THROUGH THE COMBINED EFFORTS OF 2017 Indiana Manufacturing Survey 57

58 2017 Legislative Recap Indiana Manufacturers Association

59 Infrastructure HB 1002 Transportation Infrastructure Funding o Fuel Tax Increases Gasoline, Special Fuels and Motor Carrier Surcharge all increased $0.10 on July 1--$540 million in new revenue for 2018 Tax increases each year based on income growth modified CPI capped at $0.01 per year and sunsets in 2024 o New $15 on all vehicles under 26,000 lbs--$85.1 million in new revenue o Registration fees increase 20% on vehicles over 26,000 lbs -- $22 million in new revenue o New $150 fee on electric vehicles, $50 fee on hybrid vehicles--$10.5 million in new revenue o Gradually transfers sales tax revenue on fuel sales from general fund to state highway fund by FY $292 million revenue to highway fund once fully implemented

60 Income Tax Issues SB 515 Various tax matters. o Technical changes to sales tax exemptions, income tax deductions, and the application of net operating losses -- should have no substantive tax impact o Language changing due date for state corporate income tax return removed from bill o LSA required to conduct study on the correlation of employment growth and the statutory relief for C-Corporations of all listed taxes (including state income, sales and excise taxes, and local property taxes) from the period of

61 Business Property Tax Issues SB 386 Property Taxation o Combines elements of five bills (386, 448, 350, 501, and 1198) o Establishes date certain for notices of assessment (Form 11) and appeal deadline starting in assessment year 2019 May 1 of the year of assessment with June 15 deadline when a Form 11 is used as the notice If notice is sent after May 1, then taxpayer has until June 15 of the following year. Tax bills sent in April will be final opportunity for counties to give notice of assessment o Rewrites correction of error language but reasons for correction and time frame remain unchanged

62 Environment o Override of Governor Pence s veto of HEA 1086 (2016) Environmental Rulemaking Requirement that IDEM rules or policies more stringent than federal requirements be delayed in implementation until after General Assembly has opportunity to review and preempt Effective July 1, 2017

63 Energy and Water Utilities SB 309 Distributed Generation o Limited the premium solar generators over 1MW receive (300% over wholesale to 25% over wholesale) when excess power is purchased by the utilities o Small expansion of cogeneration options for private generation over 80MW Eliminates limitation on new construction Facilities may be located contiguous to energy user User may work with 3 rd Party to develop facility o IURC to study back-up and maintenance rates

64 Energy and Water Utilities HB 1519 Infrastructure Development Zone Utility Service o Allows for investor-owned utilities to recover the cost of private lead service line replaced through the infrastructure improvement tracker (DSIC) o DSIC amended from a volumetric charge to a base rate charge, which should save manufacturers and other large water users utility costs. SB 478 Utility Easements o Allows attachment of broadband equipment to power lines without renegotiating easement (RECs only). o Manufacturers and railroads shielded from liability and allowed to recover from an injury to business operations

65 Employment SB 312 Ban the Box o Prohibits local units of government from enacting ordinances prohibiting employers in their jurisdiction from asking if an applicant has a criminal record o Protects employers for actions brought against them because they did not ask for criminal history

66 2018 Legislative Preview Indiana Manufacturers Association

67 Tax o Continue pressing for reductions in Business personal property taxes Lowering floor on depreciation o Multiple studies in interim: Incentive Review Process in 2017 looking at: o Hoosier Business Investment (HBI) Credit o Economic Development for a Growing Economy (EDGE) Credit o Several other smaller business credits o Unemployment Insurance Tax Schedules Department of Workforce Development studying current schedule/solvency of trust fund

68 Energy and Environment o Any clean-up of changes from SB 309 o Addressing any issues that arise from pending environmental rules: Changes to heavy metal water quality standards. Changes to Construction Site Run-off General Permit

69 Workers Compensation Compared to other states Indiana: o Low workers comp. insurance rates. o High cost of medical services. In 2014 legislature place a cap on medical fees (for hospital care) at 200% of Medicare fee schedule. o In 2015, there was a 10% reduction in medical costs compared to a yearly 7% increase from o BUT non-hospital claims continue to increase in price and are a growing share of all claims 2018 expand cap to non-hospital claims.

70 Tax Reform Federal Issues o Lower Corporate Rate o Allow low or no tax overseas earnings repatriation o Border Adjustment Tax o Immediate capital expensing o Cap or eliminate credits and deductions Health Care o Stabilize health care exchanges Debt Ceiling hit on September 29

71 Workforce Indiana Manufacturers Association

72 Career & Technical Education SB 198 realigns $122 M in annual funding for high schools for career and technical education Predicated on DWD wage and demand data (which is not yet available or validated) Goes into effect in 2018 Also creation of new workforce-relevant graduation pathway in HB 1003

73 Career Counseling SB 198 created demonstration program for Indiana Career Explorer, an online career assessment tool and curriculum for 8 th grade students The assessment piece has been available for several years to interested schools Assessments to date have directed less than 1% of users to careers in manufacturing Goes into effect in 2018

74 Oversight & Realignment Governor s office to complete a workforce study by October 31, 2017, to recommend possible system realignment o Will coordinate with the state workforce agencies o Governor s office has been in contact with IMA staff and IMA Workforce Committee during this process

75 Employer Tax Credit The implementation of an employer training tax credit was an IMA priority in 2017 Support from the employer community, labor, local workforce boards, economic development experts, and advocates for working families with no public opposition Ultimately not a concept supported by Holcomb Administration and the General Assembly at that time.

76 Two Parts Next Level Jobs o Work Ready Grant Program (Student-based) o Employer Training Grant Program (Employerbased) To apply visit Launched on August 14 th

77 Work Ready Grants Created by the General Assembly in 2017 (also part of SB 198) Based on community college for all model-- last dollar grant program, that boosts the existing Adult Student Grant and WorkIndiana programs For high-value certificate programs through Ivy Tech and Vincennes University Information for students available at nextleveljobs.org

78 Employer Training Grant Reimbursable training cost of up to $2,500 per new employee that was trained, hired, and retained for 6 months Application limit of $25,000 per employer $10 M over two years Eligible businesses are in any of the following sectors: Advanced Manufacturing, IT/Business Services, Transportation and Logistics, Health Sciences, Building and Construction, and Agriculture Eligible training must be job skills training that ties to an in-demand occupation; HR training and job shadowing do not qualify

79 Employer Training Grant Eligible Occupations SOC Code SOC Title Wage & Demand Rating Machinists Inspectors, Testers, Sorters, Samplers, and Weighers Industrial Machinery Mechanics Welders, Cutters, Solderers, and Brazers First-Line Supervisors of Production and Operating Workers Computer-Controlled Machine Tool Operators, Metal and Plastic First-Line Supervisors of Mechanics, Installers, and Repairers Electrical Power-Line Installers and Repairers Welding, Soldering, and Brazing Machine Setters, Operators, and Tenders Electrical and Electronics Engineering Technicians Maintenance Workers, Machinery Crane and Tower Operators Industrial Engineering Technicians Mechanical Engineering Technicians Computer Numerically Controlled Machine Tool Programmers, Metal and Plastic Painters, Transportation Equipment Electrical and Electronics Repairers, Commercial and Industrial Equipment Tool and Die Makers Occupational Health and Safety Technicians

80 Employer Training Grant Process to apply o The employer applies at NextLevelJobs.org, outlining the number of employees they anticipate to train, the training, and the cost of training. o Employers may also just enter company information and ask for a call back to walk through the training pieces of the application. o Once the Department of Workforce Development verifies that the training ties to one of the eligible occupations, they will issue the employer a voucher. o The voucher will outline the grant guidelines, including how many employees are approved and at what amount (with the maximum being $2,500 per employee/$25,000 per employer). o The voucher will essentially hold that amount of funding for the employer to bill against once they hit the 6-month retention mark.

81 Employer Training Grant There is some more detailed information available at Questions should be directed to

82 2018 Session Continue the conversation about placing trained career counselors in all Indiana high schools Put Next Level Employer Training Grant in statute and broaden its scope Make necessary adjustments to Indiana Career Explorer Pilot Program Introduce relocation tax credit incentive

83 WORKFORCE, WHAT WORKFORCE???? Projected Workforce Change (2010 to 2040) 20% 18% % 16% 14% 12% 10% 8% 6% Source: STATS Indiana (2013) 4% 2% 0% 1% IN US

84 New Initiative - Relocation There is not only a skills gap, but a worker shortage. Indiana is at full employment. o o Business attraction is important, but will become increasingly difficult while Indiana has a labor shortage. Rural areas are being hit particularly hard communities need to be able to grow and retain local talent. The IMA Workforce Committee will ask the IMA Board of Directors to approve inclusion of a worker relocation incentive program that will act in concert with an employer-directed training program. If approved, we will ask for that in legislation in 2018.

85 Conclusion Indiana Manufacturers Association

86 Mission of the IMA Since 1901, the IMA has advocated for a business climate that creates, protects, and promotes quality manufacturing jobs in Indiana. Our decades of work on behalf of our members has resulted in an extremely positive business climate in Indiana. In order to maintain our competitiveness within a global economy, the IMA pledges to continue to work tirelessly to maintain our positive gains, as well as to advance Indiana manufacturing. In order for us to do this, we need members who are committed to our shared mission. If the IMA is successful, manufacturing in Indiana will be successful. We need your support!

87 The Indiana Manufacturers Association The IMA is the only trade association in Indiana that exclusively focuses on manufacturing The IMA focuses its advocacy efforts on bread and butter business issues: taxes, workforce, environmental regulations, unemployment insurance, workers compensation, and labor issues. The IMA has 1,400 members, the majority of which are small- and medium-sized suppliers. The issues we concentrate on make a huge impact on these members, and directly affect our larger manufacturer members, who do business with them. Membership in the IMA is a commitment to our shared goal of maintaining the strength of industry in Indiana.

88 IMA Events Annual Legislative Reception Annual Member Hall of Fame Induction Luncheon Regional Manufacturing Summit Series IMPAC Golf Outing and Clay Target Shooting NEW Innovations in Manufacturing Conference OSHA 10- and 30-Hour General Industry Outreach Training Other Member Education Opportunities Including: o o o o How to Host your own Manufacturing Day Event Creating Recruiting Strategies for the 21 st Century Collective Bargaining Strategies And more

89 INSTANT ACCESS TO AMERICA S MANUFACTURING MIGHT

90 Welcome to the Most Advanced Manufacturers Marketplace. Period. The Indiana Manufacturers Association (IMA) has partnered with the National Association of Manufacturers (NAM) and other leading state manufacturing associations to create the Manufacturers Marketplace. Tap into a world of hundreds of thousands of manufacturers, and within seconds find ones perfectly suited to fill your needs. Have your business discovered in unique, precise ways by potential business partners across the street or across the country. The Manufacturers Marketplace s comprehensive search capabilities can pair your business with the right American manufacturing partner, whether you need to find or be found. Quickly. Accurately. Every time.

91 A Marketplace by Manufacturers, for Manufacturers ONLY manufacturers are eligible to participate in the Marketplace Must have operations in the United States (and/or Puerto Rico) Service providers for manufacturers are NOT eligible Terms of service prohibit solicitations among users For more information, contact Lori Martin at

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93 Your IMA Governmental Affairs Team Brian Burton, President & CEO General business issues Andrew Berger, Senior Vice President, Governmental Affairs Taxes, budget, energy, environment, state & federal legislation Ed Roberts, Governmental Affairs Consultant Worker s comp, unemployment insurance, torts eroberts@imaweb.com Stephanie Wells, Vice President, Workforce Development Policy & Administration Education & workforce development issues swells@imaweb.com