Policy Impact Analysis - 117/HR/8195

Bill Overview

Title: COTA Act

Description: This bill authorizes state workforce development agencies to provide guidance and raise public awareness about career options in high-skill, high-wage, or in-demand industry sectors or occupations in current or emerging professions.

Sponsors: Rep. Thompson, Glenn [R-PA-15]

Target Audience

Population: Individuals seeking career opportunities in high-skill, high-wage, or in-demand industries

Estimated Size: 165000000

Reasoning

Simulated Interviews

Software Developer (New York, NY)

Age: 28 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • I think the COTA Act will highlight more opportunities for women in tech, which is quite needed.
  • Access to more careers in AI could open up my chances for specialization.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 9 7
Year 3 9 6
Year 5 8 6
Year 10 7 6
Year 20 6 5

Manufacturing Worker (Tulsa, OK)

Age: 45 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 12/20

Statement of Opinion:

  • If the COTA Act drives more retraining opportunities, I might be able to find a more stable job.
  • Awareness programs could prevent people like me from becoming jobless.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 4
Year 5 8 4
Year 10 7 3
Year 20 7 2

Freelance Graphic Designer (San Francisco, CA)

Age: 37 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • The policy might help me identify new trends in UX design and improve my resilience in the gig economy.
  • Connecting with emerging professions is appealing to freelancers.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 8 5
Year 10 6 5
Year 20 5 4

Recent College Graduate (Houston, TX)

Age: 22 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 15/20

Statement of Opinion:

  • Guidance on high-demand sectors could be quite valuable as I'm exploring my career options.
  • I hope it will help new grads like me find more fitting career paths quickly.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 5
Year 2 8 5
Year 3 8 5
Year 5 7 4
Year 10 6 4
Year 20 5 3

Automobile Engineer (Detroit, MI)

Age: 60 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • I'm more interested in how this policy could benefit young engineers I mentor.
  • The focus on current and emerging professions will be critical for future generations, more so than for me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 5
Year 3 5 5
Year 5 5 5
Year 10 5 5
Year 20 4 4

Biotech Researcher (Seattle, WA)

Age: 30 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 3/20

Statement of Opinion:

  • This might provide more insight into leadership roles in biotechnology.
  • Opportunities to be at the frontier of in-demand industries are appealing.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 7
Year 5 7 7
Year 10 7 6
Year 20 6 6

Hotel Manager (Miami, FL)

Age: 33 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 7.0 years

Commonness: 8/20

Statement of Opinion:

  • The Act could guide me on transitioning my skills to tech-related industries.
  • Awareness of new career options might reduce my uncertainty.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 7 5
Year 10 6 5
Year 20 5 4

Nurse (Chicago, IL)

Age: 50 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • The Act could help explore administrative roles within healthcare tech.
  • I'm interested in knowledge about high-demand sectors within healthcare.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 5
Year 20 6 5

Construction Worker (Atlanta, GA)

Age: 40 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 15.0 years

Commonness: 11/20

Statement of Opinion:

  • The COTA Act might be what I need to find training for more stable jobs.
  • Programs that show career pathways could alleviate my job security concerns.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 4
Year 2 7 3
Year 3 7 3
Year 5 7 3
Year 10 6 2
Year 20 5 2

Data Analyst (Boston, MA)

Age: 29 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 8.0 years

Commonness: 6/20

Statement of Opinion:

  • Connecting with high-demand industries might fast-track my growth into data science.
  • Awareness is a key tool for anyone in tech looking to expand their career.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 9 7
Year 3 8 6
Year 5 8 6
Year 10 7 5
Year 20 6 5

Cost Estimates

Year 1: $400000000 (Low: $300000000, High: $500000000)

Year 2: $300000000 (Low: $250000000, High: $450000000)

Year 3: $300000000 (Low: $250000000, High: $450000000)

Year 5: $300000000 (Low: $250000000, High: $450000000)

Year 10: $300000000 (Low: $250000000, High: $450000000)

Year 100: $300000000 (Low: $250000000, High: $450000000)

Key Considerations