Financial wellness is one of the leading causes of stress in the United States, and not just for the unemployed.
Despite historically low unemployment and a growing economy, hiring skilled workers remains a challenge in many of our nation’s key industries, such as manufacturing, construction, information technology, and healthcare. We know America’s young people have talent. Now it’s time to embrace the tools necessary to more effectively discover and guide that emerging talent to high demand careers.
Financial Wellness is a real problem in the workplace that many companies are not tackling head on. Financial stress can cause a variety of issues for an employee that often accompanies them in their jobs.
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.
Technology has transformed a lot of the things we do at work, but learning and development (L&D) has mostly stuck with the status quo. To attract and retain necessary talent, employers would be wise to nurture a learning culture and revisit their L&D strategy to make learning a strategic asset.
It has been truly rewarding to see the paradigm shift that has occurred in the business innovation cycle. Recent technological advancements are primarily responsible for accelerating the adoption of digital technologies.
The entrepreneur is a 59-year-old widow in the city of Mbeya, Tanzania. She has a covered dark corner space in an open market (photo below) where she sells soft drinks during the day, adds beer in the evenings, and also sells prepared meals in an adjacent space.
As the U.S. economy struggles to break out of economic stagnation, these investments in the different phases of education are indeed crucial, however greater attention should be paid to the role adult education programs play in sustaining and growing American commerce. Only by making these success stories more public and well known can we better position adult education advocates to make their case and secure financial resources for these vital adult education programs.