According to the U.S. Bureau of Labor Statistics, there were approximately 8.6 million STEM jobs in May 2015, with the highest jobs in software development, user support, and systems analysts. Despite the high number of jobs, the lack of skilled workers in the labor force allow these positions to go unfilled. To make matters worse, the existing STEM workforce lacks diversity among women and minorities, not representing the emerging workforce of women and underrepresented groups.
September 24, 2019
In this country, the early childhood education system is in market failure. In recent years we have seen the greatest federal funding increases for early childhood education in history, and yet those significant investments just barely make a dent to tackle the need. In 2018, NASEM studied “how to fund early care and education for children…that is accessible, affordable to families, and of high quality, including a well-qualified and adequately supported workforce.” The report concluded that a financial windfall of around $54 billion would be required.
September 19, 2019
The lack of access to affordable, high-quality childcare isn’t just a problem for families. A new report found that it’s costing Washington businesses more than $2 billion per year in employee turnover or missed work, and the total cost to the state economy tops more than $6.5 billion per year.
September 16, 2019
We are in an economy that competes on talent. The business community succeeds or fails based on its ability to find and develop a consistent and reliable pipeline of high-quality talent. Thus the business community is very interested in what is taught in our nation’s postsecondary institutions. Rather than an intrusion on postsecondary education’s mission, it is a realization that what postsecondary education does and does not do has a real impact on the success of the business community and the competitiveness of the United States.
September 5, 2019
On Tuesday, August 27, the Chamber Foundation partnered with Linda Smith of the BPC to host a Twitter chat discussing infrastructure challenges for early childhood education facilities. In a span of 45 minutes, the participants of this chat were able to provide more than one million Twitter accounts with data, research, and case studies arguing for early childhood education to gain a seat at the table where infrastructure conversations are happening.
August 29, 2019
Atlanta’s economy is growing rapidly. In 2018, employers created 58,400 new jobs, and the workforce increased by 2.8 percent. Demand for new employees also jumped, with more than half a million job openings in the metro area – nearly 10 percent more than 2017. But despite this tremendous opportunity, like other growing areas, the Atlanta region is competing for talent at home and abroad to ensure economic prosperity and competitiveness in the years ahead.
August 21, 2019
Employers would like to invest in their current employees, but they don't always know how to overcome hurdles such as cost and logistics. Luckily, the U.S. Chamber of Commerce Foundation's Center for Education and Workforce (CEW) is helping lead the charge on solutions.
July 24, 2019
Successful career pathways are created through deep and meaningful coalitions of organizations. These coalitions bring education, community members, and business leaders together with a shared dedication to meeting society's biggest challenges in a responsible, sustainable, and profitable way. They blur the lines between formal education, community service, workforce development, and economic development.
July 11, 2019
The future of work is now and the problem we are solving is not adapting to new technologies, but adapting to the dynamism of the economy, which will only accelerate. Dynamic economies require dynamic labor markets, and agile businesses require agile workers and workforce partnerships.
July 1, 2019
June 19, 2019
Though not widely known outside of the education community, the Department of Education recently released information about a new pilot for institutions willing to reimagine their Federal Work Study (FWS) programs. Given the pilot’s emphasis on increased industry engagement in FWS, it is imperative that the business community be informed about the pilot and reach out to their education partners to leverage this pioneering opportunity to benefit our nation’s students. Chances like this are few and far between…and will become completely obsolete if limited interest prevails innovative thinking.