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.
January 3, 2019
Now more than ever, the success of American business and the effectiveness of our education systems are inextricably linked. Business leaders must be even more engaged in ensuring that our education and workforce systems are preparing learners beginning at an early age for the increasing demands of the globally competitive 21st century knowledge economy.
December 27, 2018
With unemployment at a historic low, companies are coming up with creative ways to hire fast and at scale. But, as Udemy’s 2018 Skills Gap Report found, companies will see diminishing returns if they don’t invest in their workforce’s ongoing learning and development.
December 18, 2018
Ask a group of students when they first used their school’s career services office, and you may hear that they stopped in sometime during their final semester. They may even say they made use of those services only during their last month. Even worse, many -- perhaps nearly half -- would say they never visited the office at all. It’s a worrying response that’s having an impact on students’ lives after graduation.
December 12, 2018
The U.S. Bureau of Labor Statistics estimates that by 2020, there will be 1 million more computing jobs than workers to fill them. Demand for jobs in data science alone has grown 300 percent over the last four years. Tech skills like cloud computing and user interface design top the list of the most in-demand skills. It’s a challenge that stems, in part, from the well-documented divide between higher education and the world of work. And the challenge is only accelerating as the shelf life of skills shrinks.
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.
November 1, 2018
There’s a lot of work to do and not enough skilled people to do it. That was the message U.S. Chamber President and CEO delivered at the U.S. Chamber of Commerce Foundation’s Talent Forward event. “There’s no question that the American workforce is the finest in the world,” said Donohue. “But, if we are going to keep that advantage, if we are going to keep the promise of opportunity to future generations of Americans, we have some work to do.”
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.