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.
October 23, 2018
How do we address America’s skill gap? Employers, economic and workforce developers, and educators are all asking this challenging question. Everything from health issues to incarceration rates to poverty is impacted by individuals’ educational attainment levels. In fact, there may be no better ‘return on investment’ than that which is made in adult education, particularly when it comes to addressing America’s competitive skills crisis.
September 21, 2018
When we think about local sourcing, we tend to think about farm-to-table cuisine at a restaurant or local supply chains feeding a manufacturing company. Indeed, sourcing inputs and ingredients from your own backyard provides benefits to companies across many industries. But what about the talent supply chain? That’s where Novelis has mastered the art of local sourcing.
September 19, 2018
Responding to the needs of state and local chambers, the U.S. Chamber of Commerce Foundation today launched a new premier business leadership program to help address their most pressing education and workforce issues. The Business Leads Fellowship Program will train and equip fellows with resources, access to experts, and a network of peers to build their capacity to address these challenges.
July 31, 2018
Congress last week passed and the president today signed legislation reauthorizing the Carl D. Perkins Career and Technical Education Act, which provides important funding for programs focused on the academic, career, and technical skills development for high school and higher education students. Highlights of the reauthorization include new opportunities for partnerships between employers and educators to improve student preparation for in-demand jobs, measures that improve alignment with other workforce development programs, and increased program accountability.
September 26, 2018
As the respective employers of 850,000 restaurant employees in thousands of communities across the U.S., McDonald’s and its franchisees know that a significant number of restaurant employees are among those 38 million without high school diplomas. Through our comprehensive education program, Archways to Opportunity, we are preparing the employees of today for the business of tomorrow.
August 28, 2018
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.
July 20, 2018
Throughout the day’s conversations, several major issues were acknowledged and summit participants and attendees discussed their current and future plans to work together to tackle these challenges. Where the morning portion of the summit centered on the challenges experienced and identified by government and military officials, the afternoon session addressed how all sectors share similar challenges in the talent marketplace and how many corporate solutions could be applied to inspire real change for the military and our veterans.
August 2, 2018
The need for quality talent is so great that those who excel at unlearning, learning, and reinventing themselves have a higher probability of success for overcoming common biases including race, gender, age, and academic background. Finding employees and candidates who have the ability and initiative to constantly reinvent themselves is the goal of every company today, though it isn’t easy.
June 15, 2018
Due to workplace projections, it is critical that employers partner with educators in order to grow talent, bridge the gap between our current and future STEM workforce, and support students in choosing STEM as a career.