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Our meeting on March 7, the first in a series led as a joint effort between the U.S. Chamber of Commerce Foundation and Lumina Foundation, kicked off an eight month sprint of work to improve the talent marketplace. All of the organizations involved are experts on today’s emerging technologies, such as semantic web standards (e.g., linked data), distributed ledger technologies (e.g., blockchain), artificial intelligence, and machine learning. We know that these technologies have the power, if leveraged properly, to transform the talent marketplace and drive future innovation.
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.
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.
Economic mobility rests on the opportunities that individuals are granted or seek out. Education plays a big part of that, which is why many professionals are now looking for continuous ways to improve their skillsets. But how do you validate that people have earned what they say they've earned? The reality is that people lie about their credentials. The solution? Use advanced technology to make credentials trackable and unfakeable.
In our special edition report, released in hard copy at the 2017 USCCF hosted America Working Forward event, through research, data, and case studies we discuss the complexity of the skills gap and those who are paving the way forward.
The world is changing in profound ways. This change has brought with it growth, opportunity, and job creation, as well as new risks for workers and communities. For many of these risks, we are ill equipped to manage them. These are the risks that have fueled economic anxiety and job insecurity.