Although U.S. high school graduation rates are at an all-time high, many employees enter the workforce without the skills that are truly needed to succeed. Recent studies show that essential soft skills such as punctuality, organization, and interpersonal communication are just as important as the hard skills, which now are seen as a basic minimum necessary in order to operate in a particular workplace.
From Baton Rouge to Grand Rapids, Austin to Atlanta, and finishing up in Frankfort last month, our 2017 five-city childcare roadshow is complete. We brought together business leaders, policy makers, advocates, and practitioners to discuss the critical role of high-quality early education and care in advancing the workforce of today, and the workforce of tomorrow. The events were a great success and in each state, an energized business community is eager and ready to take the lead in advancing this conversation in their own community.
The world is changing in profound ways. This change has brought with it growth, opportunity, and job creation, as well as new risks for workers and communities. For many of these risks, we are ill equipped to manage them. These are the risks that have fueled economic anxiety and job insecurity.
The UpSkill Houston initiative has used talent pipeline management strategies to address the skills gap in many industries.
On June 21, the Chamber Foundation will explore the role of high-quality child care in strengthening America's workforce.
Opportunity is at the heart of the American Dream, and at the heart of opportunity is a job. When the right person fills the right job, we all benefit—families, neighborhoods, businesses. We all grow and prosper. Yet, there’s a disconnect in our country.
With every advance in automation and artificial intelligence, the American workplace changes. While changing employment demands are obvious in information technology, they are no less pronounced in energy, health care, manufacturing, and other sectors that have long relied on manual labor.
For most U.S. businesses, employee churn creates a costly challenge. Employers can spend 16-20% of an individual’s yearly salary to hire and train entry-level employees, and as much as 50% or more in specialized sectors.