Our meeting on March 7, the first in a series led as a joint effort between the U.S. Chamber of Commerce Foundation and Lumina Foundation, kicked off an eight month sprint of work to improve the talent marketplace. All of the organizations involved are experts on today’s emerging technologies, such as semantic web standards (e.g., linked data), distributed ledger technologies (e.g., blockchain), artificial intelligence, and machine learning. We know that these technologies have the power, if leveraged properly, to transform the talent marketplace and drive future innovation.
A new survey released this month by the U.S. Chamber of Commerce Foundation and Morning Consult sheds new light on parent's attitudes to childcare and the role for employers in that conversation. According to the survey, 4 in 5 working parents say it’s important that the business community lead the way in providing access to quality and affordable childcare.
Closing the communications gap requires investments on both sides of the equation. Employers and education providers must work together to ensure the signals are accurate, clear, and verifiable. As the use of digital credentials expands, job seekers will gain unprecedented insight into the link between what they learn and the sort of employment opportunities that exist in their community -- or around the country. And for employers, the improved signal-to-noise ratio means a higher percentage of qualified applicants for each job opening, and improved ability of hiring managers to identify the best candidates for their position.
Until very recently, caring for young children was considered a family, actually a woman’s, responsibility. But things are changing. The workforce of today looks quite different. Leading employers have identified this shift and recognize that acknowledging it is a winning proposition, both for their business and for America’s future. The changing nature of the workforce and shifting employee expectations provide the business community with a unique opportunity to lead the way in implementing family friendly policies that support their employees and make economic sense for the business’ bottom line.