When economists and editorialists speak in worried tones about America’s “skills gap,” they’re referring to the mounting number of jobs that require some degree of technical know-how and the relative dearth of qualified candidates to fill them.
December 12, 2018
The U.S. Bureau of Labor Statistics estimates that by 2020, there will be 1 million more computing jobs than workers to fill them. Demand for jobs in data science alone has grown 300 percent over the last four years. Tech skills like cloud computing and user interface design top the list of the most in-demand skills. It’s a challenge that stems, in part, from the well-documented divide between higher education and the world of work. And the challenge is only accelerating as the shelf life of skills shrinks.
December 4, 2018
Addressing our country’s workforce development challenges is no longer a big business problem. In fact, small businesses may yet deliver the most innovative and important solutions for creating real pathways to opportunity in today’s economy.
November 27, 2018
November 20, 2018
At the U.S. Chamber of Commerce Foundation, we are engaging a wide variety of business, education, and quality assurance partners on how to build the missing piece of a new triad, one that can provide better quality signals from employers for both traditional higher education programs and non-traditional programs, such as apprenticeships. The goal? To ensure learners have the information they need on which programs deliver the most aligned career pathways, and employers know which programs they can turn to for reliable talent.
November 13, 2018
Looking across the country, there are a range of current and future challenges influencing America’s ability to remain competitive in the race for talent. Companies everywhere are growing and the most crucial factor influencing corporate decisions on where to locate or expand operations is the ability to recruit the best workforce. Therefore, regions with the most skilled workers will not only grow more organically but also have other companies, both national and international, opening facilities there.
November 6, 2018
Despite the accessibility of digital technology, there remains a notable disconnect between the tech-savvy and those struggling to find a place in the digital nation. This isn’t a problem that can be overcome with any urgency, but it’s imperative that the educational system continues to pivot curriculums towards digital skills. Programming, AI development, machine learning, analytics, data-driven strategy: if business is to adapt at all levels, it will need a formidable baseline of understanding.
November 1, 2018
There’s a lot of work to do and not enough skilled people to do it. That was the message U.S. Chamber President and CEO delivered at the U.S. Chamber of Commerce Foundation’s Talent Forward event. “There’s no question that the American workforce is the finest in the world,” said Donohue. “But, if we are going to keep that advantage, if we are going to keep the promise of opportunity to future generations of Americans, we have some work to do.”
October 25, 2018
Many large organizations have this same challenge. And yet, there is a degree gap - “a discrepancy between the demand for a college degree in job postings and the employees who are currently in that job who have a college degree.” In an analysis of more than 26 million job postings, the degree gap was found to be significant, according to a study by Accenture, Harvard Business School, and Grads of Life. The study attributes degree inflation to two key factors: the fast-changing nature of many middle-skills jobs and employers’ misperceptions of the economics of investing in quality talent at the non-graduate level.
October 23, 2018
How do we address America’s skill gap? Employers, economic and workforce developers, and educators are all asking this challenging question. Everything from health issues to incarceration rates to poverty is impacted by individuals’ educational attainment levels. In fact, there may be no better ‘return on investment’ than that which is made in adult education, particularly when it comes to addressing America’s competitive skills crisis.
October 16, 2018
Over two years ago we set a goal of engaging 1,000 employers in the TPM strategy to help them build those partnerships and create sustainable pipelines of skilled talent for their industry. Since TPM’s launch, we have surpassed that goal. Today, more than 1,500 employers across 26 states are using TPM as their strategy to address their talent needs. And while we are excited about the energy within the TPM movement, exceeding our goal is not permission to slow down.