New study takes pulse of workforce development in Oklahoma

Monday, 01 April 2024 14:21

New study takes pulse of workforce development in Oklahoma Featured

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OSU study highlights trends, strengths and areas of opportunity 

Oklahoma WorkTrends — a new report published April 1 by the Oklahoma State University Center for the Future of Work — provides a comprehensive overview of workforce development and trends in Oklahoma.

The report covers many direct and indirect factors that impact workforce development efforts in the state including changes in population, education, child care, poverty and incarceration rates, among others.

The report includes data collected through the 2023 Voice of the Workforce study conducted by the Center for the Future of Work as well as other workforce data collected through various state and federal entities. The report then identifies areas of strength as well as areas of progress, continued focus and improvement as they pertain to workforce development in the state of Oklahoma.

 

Data highlights:

  • With a continued focus on re-engaging individuals back into the workforce, Oklahoma’s labor force participation rate (62.5% in Q3 of 2023) is now higher than pre-pandemic levels and nearly meets the national rate (62.7%).
  • Many respondents indicated that their company offers flexible work schedules (21.7%) and an additional 30.6% of respondents said flexibility is offered based on position.
  • 30.2% of respondents stated they are extremely unlikely to leave their current position in the next six months, while only 12.1% stated they were extremely likely which may indicate that "the great resignation" has slowed in Oklahoma.
  • 54% of respondents agreed that they often feel stressed at work, while 44% of respondents agreed that stress has, at times, impacted their ability to do their job well.

  

Oklahoma State University is a premier land-grant university that prepares students for success. Through teaching, research and Extension, OSU engages communities and empowers servant-leaders to meet society’s most pressing challenges. OSU is the largest university system in Oklahoma and has more than 34,000 students across its five-campus system and more than 25,000 on its combined Stillwater and Tulsa campuses, with students from all 50 states and more than 125 nations. Established in 1890, OSU has graduated more than 280,000 students to serve the state of Oklahoma, the nation and the world.

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