U.S. Chamber Foundation Announces New Funders, Pilot Projects for Job Data Exchange
WASHINGTON, D.C. – The U.S. Chamber of Commerce Foundation announced today additional support for the Job Data Exchange (JDX), an effort to help employers and their HR technology partners more clearly communicate hiring requirements in a rapidly changing talent marketplace. These new funding partners are Lumina Foundation, Schmidt Futures, and Walmart. Google.org and JPMorgan Chase & Co. previously announced their support for the project.
The JDX, formerly called the Job Registry Project, began with an idea that through clearer employer signaling the talent marketplace can better connect the skills and qualifications people have with the jobs that are available more quickly and accurately. To that end, we are building a set of open-data resources to improve how hiring requirements are defined, validated, and communicated.
Said another way, the JDX will align the competency and credential language used in employer’s job descriptions with the language job seekers and talent sourcing partners (educators, recruiters, training providers, etc.) use to reference skills and qualifications. The open-source framework will give HR applications, which connect job seekers to available jobs, access to this data in real time.
“We are excited to help support this project. The JDX is a promising resource to enhance career pathways for workers by identifying and recognizing critical skills more consistently,” said Julie Gehrki, vice president, Walmart. “As employers move toward competency-based hiring, the JDX can play an important role connecting employers with potential employees. Through funding the JDX with the U.S. Chamber Foundation, we hope to increase the transparency of skills needed for positions and help close the skills gap.”
The U.S. Chamber Foundation will begin working with selected pilot partner teams in the coming months to co-design and pilot-test a working prototype of the JDX, linking the data employers produce to credentialing data systems and learner record systems. Through this work, job seekers will be able to match their skills to available positions. Additionally, employers will be able to improve their searches for capable candidates.
“By helping employers clearly communicate their hiring requirements for critical jobs, we are enabling competency-based hiring, which makes it possible for job seekers to more easily match their own skills and qualifications to those needed for open jobs,” said Cheryl Oldham, senior vice president of the U.S. Chamber Foundation Center for Education and Workforce. “We are grateful for the support of our funding partners and look forward to creating an effective tool that furthers workforce development efforts.”
For more information on this project, read the Frequently Asked Questions.
The U.S. Chamber of Commerce Foundation is dedicated to strengthening America’s long-term competitiveness. We educate the public on the conditions necessary for business and communities to thrive, how business positively impacts communities, and emerging issues and creative solutions that will shape the future. Our workforce development portfolio is transforming employer engagement in education partnerships, connecting workers with real pathways to the jobs that employers are trying to fill.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.