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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.
Forward-thinking companies are adapting the way they operate to remain competitive in a fast-moving, tech-driven modern business environment. It follows that the smartest ones are also rethinking how they prioritize learning and development in this age of continuous reskilling. Far from being a “nice to have” perk, giving employees learning opportunities is a key differentiator that attracts high-value talent and enables their best work, which is something every company executive can get behind.
WASHINGTON, D.C.— The U.S. Chamber of Commerce Foundation and the National Association of Manufacturers’ Manufacturing Institute today released a new paper advancing a solution for increased employer leadership and investment in earn and learn pathways, including apprenticeships, internship programs, vocational education, and on-the-job training. The paper, entitled “Quality Pathways: Employer Leadership in Earn and Learn Opportunities,” highlights the importance of employer leadership in developing a growing workforce that meets the needs of a modernizing United States economy.
Closing the communications gap requires investments on both sides of the equation. Employers and education providers must work together to ensure the signals are accurate, clear, and verifiable. As the use of digital credentials expands, job seekers will gain unprecedented insight into the link between what they learn and the sort of employment opportunities that exist in their community -- or around the country. And for employers, the improved signal-to-noise ratio means a higher percentage of qualified applicants for each job opening, and improved ability of hiring managers to identify the best candidates for their position.
Breaking down STEM barriers starts in the classroom, providing science, technology, engineering, and math (STEM) learning in an inclusive digital environment. And this education shouldn’t be limited to high school students. Igniting STEM interest in middle school increases girls’ STEM interest later in their education.
Despite historically low unemployment and a growing economy, hiring skilled workers remains a challenge in many of our nation’s key industries, such as manufacturing, construction, information technology, and healthcare. We know America’s young people have talent. Now it’s time to embrace the tools necessary to more effectively discover and guide that emerging talent to high demand careers.
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.
America is in need of a new pathway to opportunity, one where employers, government, and learners share in the risk of talent development. Our current education and training systems are struggling to align to the changing workforce development needs of the economy, and there is a need for expanded leadership and investment from the business community. We need a new approach that will create shared value and more effective pathways to employment. Now is the time to act.