July 23, 2018
Last week the administration launched what it termed “the next step” in its economic agenda: a sweeping, administration-wide effort to equip the American workforce to succeed in the modern economy. To propel this initiative forward, it is seeking advice and cooperation from leaders in business and education. Our message at the U.S. Chamber of Commerce is simple: Count us in. We look forward to continuing our work with the administration on this issue of critical importance to the entire business community.
June 15, 2018
The co-owner of the Wyoming Machine sheet metal company in Stacy, Minnesota that makes armored Humvees, steel spokes and other manufactured parts, Tapani posted an ad to fill a production job at their plant. Two months later she didn’t get a single applicant. Hiring skilled welders and laser operators was already tough. And in the manufacturing space winning the heated competition for good workers could mean the difference between profitability and closing the door. The American Welding Society anticipates a shortage of about 400,000 operators by 2024. But Tapani and Wyoming didn’t take the bad news laying down.
August 9, 2018
In order to stay globally competitive, Houston’s industries needed to attract, train, and hire workers into technical careers that require more than a high school diploma but less than a four-year college degree. To address the skills gap, Greater Houston Partnership— a group of 1,200 companies in the 11 county Houston region—took on the responsibility of retraining workers and strengthening the talent pipeline.
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.
July 24, 2018
For hiring managers to attract top talent, they must view the aging workforce through a new lens. Today, we consider those 65+ to be “older” and less skilled or capable. But we must shift our perspective on age. The average life expectancy for a man is 80 years old, and for a woman the average is 85 years. A 50-year-old is no longer a “senior.”
July 12, 2018
Over the past five years or so, workforce data has been sending a strong message: there is a difference between the expectation that employers have of the skills and competencies that a new employee will have on day one and what the employee is actually capable of doing. The only way to ensure skills translate into successful career paths is to provide students and their families with exposure to and awareness of the jobs and career paths available across industries right in their own community.
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.
June 19, 2018
Companies, like those last night at the U.S. Chamber of Commerce Foundation reception on Building the Workforce of the Future, understand that within their walls lies a tremendous amount of institutional knowledge and human life experience. Last night we saw two companies, Honeywell and Toyota, who aren’t afraid to dip a toe in the water of the future of training. They are transforming the learning experience for their workforce by leveraging a combination of virtual reality (VR) and augmented reality (AR).
June 21, 2018
Underserved populations face barriers that limit their access to in-demand jobs. Nontraditional talent may not have four year degrees, for example. They also may not have access to professional networks that produce word of mouth job referrals or interviews. Some may have been involved in the justice system, leaving blemishes on their backgrounds that exclude them from the very corporate jobs that bring long-term stability. These barriers reinforce an uphill climb - without the first internship or professional work experience, others are more difficult.