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.
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.
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.
September 26, 2018
As the respective employers of 850,000 restaurant employees in thousands of communities across the U.S., McDonald’s and its franchisees know that a significant number of restaurant employees are among those 38 million without high school diplomas. Through our comprehensive education program, Archways to Opportunity, we are preparing the employees of today for the business of tomorrow.
September 21, 2018
When we think about local sourcing, we tend to think about farm-to-table cuisine at a restaurant or local supply chains feeding a manufacturing company. Indeed, sourcing inputs and ingredients from your own backyard provides benefits to companies across many industries. But what about the talent supply chain? That’s where Novelis has mastered the art of local sourcing.
August 2, 2018
The need for quality talent is so great that those who excel at unlearning, learning, and reinventing themselves have a higher probability of success for overcoming common biases including race, gender, age, and academic background. Finding employees and candidates who have the ability and initiative to constantly reinvent themselves is the goal of every company today, though it isn’t easy.
July 31, 2018
Congress last week passed and the president today signed legislation reauthorizing the Carl D. Perkins Career and Technical Education Act, which provides important funding for programs focused on the academic, career, and technical skills development for high school and higher education students. Highlights of the reauthorization include new opportunities for partnerships between employers and educators to improve student preparation for in-demand jobs, measures that improve alignment with other workforce development programs, and increased program accountability.