The bull market in U.S. stocks is now nine years old, one of the longest such streaks in history. The United States boasts many of the world’s most valuable companies, and investors have enjoyed high returns with low volatility.
The U.S. Chamber of Commerce Foundation announced today the next phase of the Talent Pipeline Management (TPM) initiative, the U.S. Chamber Foundation’s signature workforce development initiative. With a grant from the W.K. Kellogg Foundation, the U.S. Chamber Foundation is leading the efforts on statewide TPM Academies. Michigan, Tennessee, and Kentucky have been selected to host these programs. Over the past four years, the TPM Academy has grown into a community of over 300 employers across 21 states.
The U.S. Chamber of Commerce Foundation released the results of a comprehensive study conducted of the food truck industry in the United States. The 12-month study, Food Truck Nation, reveals the ease and hurdles of starting up and operating a food truck business in 20 of the most active food truck cities across the nation. The study reveals that the burdens placed on owners threaten to halt growth of an industry that for many entrepreneurs has become a gateway to owning a brick-and-mortar restaurant.
In Different Skills, Different Gaps: Measuring and Closing the Skills Gap, prepared for the U.S. Chamber of Commerce Foundation by Burning Glass Technologies, we examine the skills gap on an occupation-by occupation basis. This is the best way to both understand the gap, and to close it. An overall surplus of workers doesn’t offer much insight into the challenges of a specific industry looking to fill specific roles requiring specific skills.
Access to high-quality early education and child care is not simply a benefit to support working parents and families. It is an important mechanism for strengthening the workforce of today, the workforce of tomorrow, and the local economy. Join us on April 17 as we partner with the Association of Washington Business to spread this message at an event in Olympia, WA.
Access to high-quality early education and child care is not simply a benefit to support working parents and families. It is an important mechanism for strengthening the workforce of today, the workforce of tomorrow, and the local economy.
That work is going well and is spurring a more comprehensive transformation of the public schools and greater alignment between higher education programs and business needs. But the payoff is long term. Meanwhile, manufacturers have more immediate skill needs that are not being met. So, ConxusNEO is now focusing on those needs as well. The starting point for meeting those immediate skill needs is reliable and actionable information about which jobs are most difficult to fill and what skills those jobs require. But that information turns out to be in short supply, creating a missing link at a crucial point in the talent supply chain. Enter, the Talent Pipeline Management (TPM) Initiative.
Businesses can be important voice for positive social impact in their communities as well as a key economic driver.