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The following is a statement from the Future Ready New Jersey Coalition, a cross-sector, action-focused coalition formed by the New Jersey Council of County Colleges, dedicated to advancing broad-based economic mobility and prosperity in New Jersey:

Expanding Economic Mobility and Broad-Based Prosperity

BACKGROUND

In a time of rapid and complex technological, economic, and social change, building an equitable, prosperous, and future-ready New Jersey calls for a relentless focus on helping more New Jerseyans achieve postsecondary degrees and credentials that lead to genuine economic mobility and opportunity and that align with evolving employer skill needs. Postsecondary education is more critical than ever to accessing good jobs and career pathways with family-sustaining wages and, ultimately, to creating healthy, vibrant communities. New Jersey must prepare all residents for the technologies that are changing how we live, learn, and work. As data make clear, however, high quality academic and economic opportunities are not equally available to all New Jerseyans, with racial, ethnic, and geographic disparities persisting. Without concerted, collaborative, cross-sector action, the status quo will leave too many communities behind and make it impossible for our economy to remain competitive.

MISSION

Our mission is to unite across our sectors to build an equitable, prosperous, and future-ready New Jersey by helping more New Jerseyans achieve postsecondary degrees and credentials that lead to economic mobility and opportunity and by ensuring New Jersey employers have the educated, skilled workforce they need to thrive in the evolving economy.

VISION AND CORE BELIEF

Our vision is for a socially just and economically flourishing New Jersey, where equitable access to education and workforce training aligns with the needs of the labor market and prepares all New Jerseyans to achieve lasting economic security. Our core belief is that cross-sector collaboration of business, labor, social justice and community-based organizations, education, the workforce system, researchers, philanthropic and charitable organizations, and government, is necessary to create the environment for broad-based prosperity.

COMMITMENTS

The member organizations of the Future Ready Coalition commit to helping New Jersey adopt and pursue a new statewide educational attainment goal: for 75 percent of New Jersey adults in the labor market to have postsecondary degrees or credentials of value by 2040, defined as degrees and credentials that lead to jobs with pay that exceeds the national median earnings of a high school graduate by at least 15 percent. Through this commitment, the Coalition members will work together to contribute, as appropriate, to:

1) Developing shared strategic blueprints with actionable recommendations that help shape state policy and investments, including around the increase of short-term credentials.

2) Facilitating cross-sector partnerships that will:

• Increase attainment of postsecondary degrees and credentials for different high school student, adult, and working learner populations by expanding access to resources, information, and data that promote successful outcomes; and

• Align educational and workforce development credentials and fluid and flexible pathways with emerging employer needs to ensure all New Jerseyans have access to the essential skills and lifelong learning they need to navigate shifting labor markets and thrive in their communities.

The Future Ready New Jersey Coalition will develop and implement strategies in pursuit of a common 75 x 2040 educational attainment goal, creating an environment where all New Jerseyans have access to the postsecondary and workforce education they need to achieve economic mobility and secure family-sustaining wages, and where employers have access to the educated, skilled workforce they need. Together, we will help build vibrant communities and support broad-based prosperity for New Jersey.

FUTURE READY COALITION MEMBERS

African American Chamber of Commerce of New Jersey

BioNJ

Boys & Girls Clubs in New Jersey

Bricklayers and Allied Craftworkers Union of New Jersey

Commerce and Industry Association of New Jersey

Garden State Employment and Training Association (GSETA)

Gathering Ground

Healthcare Institute of New Jersey (HINJ)

Hunger Free New Jersey

Independent Colleges and Universities of New Jersey

Junior Achievement of New Jersey

Latino Action Network Foundation

Mental Health Association in New Jersey

New Jersey Association of State Colleges and Universities

New Jersey Business and Industry Association (NJBIA)

New Jersey Chamber of Commerce

New Jersey Council for the Humanities

New Jersey Council of County Colleges

New Jersey Council of Vocational Technical Schools

New Jersey Institute for Social Justice

New Jersey Library Association

New Jersey Principals and Supervisors Association

New Jersey School Boards Association

New Jersey Small Business Development Centers

New Jersey State Library

New Jersey YMCA State Alliance

Statewide Hispanic Chamber of Commerce of New Jersey

United Way of Northern New Jersey