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Skilled Workforce Shortage

Why Companies Invest in "Grow Your Own” Talent Development Modelsst Century

In this report, Corporate Voices for Working Families investigates why some companies invest significantly in workforce readiness for their lower-skilled and entry-level workers. Extensive research in the field demonstrates that when companies support education and training, they generally invest more heavily in management programs and industry-specific training than in shoring up the basic skills of their newest employees. Similarly, business leaders typically think society at large — and the public education system in particular — is mainly responsible for ensuring that job seekers are ready for work. Nonetheless, some leading companies have made significant and sustained investments in the basic workforce readiness skills of their employees — choosing to grow their own talent from within.

Also, a companion "Return on Investment” tool, which was developed with employer input to help other employers determine the benefit of participating in these types of workforce development initiatives, may be found at the following link which requires a sign-in:

Corporate Voices for Working Families (2011)

Pathways to Prosperity: Meeting the Challenge of
Preparing Young Americans for the 21st Century

Pathways to Prosperity opens the door to new strategies that can help a broader range of Americans, gain the meaningful work and educational experiences they need to earn degrees and higher salaries, helping to create better jobs and a stronger workforce. Making a strong case for the development of multiple pathways leading from high school to post-secondary education or career training, this report reminds us that in order to close achievement gaps, we must develop a more effective and holistic strategy to develop human capital.

Harvard Graduate School of Education (2010)

People and Profitability: A Time for Change

This new report indicates an ongoing talent challenge facing manufacturing organizations and a continued need for them to embrace new and progressive talent strategies.

Deloitte, Oracle, and The Manufacturing Institute

Help Wanted: Projections of Jobs and
Education Requirements Through 2018

This report lays out the case for why postsecondary education and training is critical to helping our nation's workers navigate this transformation transformed from an industrial to a services economy, with all of the pain and upheaval that accompanies such change. Educational and career planning need to catch up and adjust to this new reality.

Georgetown University Center on Education and the Workforce (2010)
A.P. Carnevale, N. Smith, and J. Strohl

A Sharper Focus on Technical Workers

A new report released by the National Governors Association Center for Best Practices (NGA Center), A Sharper Focus on Technical Workers: How to Educate and Train for a Global Economy, provides a model for how states can work collaboratively with industry, community colleges and each other to provide opportunities for workers to build their skills and ensure America's future economic security and prosperity.

National Governors Association Center for Best Practices

America's Forgotten Middle Skills Jobs

This paper reviews evidence on how the demand for workers with different levels of education and training will evolve over the next decade and beyond. Data is analyzed from the Bureau of Labor Statistics (BLS) on recent and projected future demand for jobs in the middle of the labor market. Projected trends in the supply of workers at different levels of education is presented.

The National Skills Coalition (2009)
Harry J. Holtzer and Robert I. Lerman

The Bridge to a new Economy: Worker Training Fills the Gaps

As the economy recovers and begins generating jobs again, it is vital that workers have the skills they need to maximize opportunities. Many newly created jobs will be "middle skill” jobs such as nurses, welders, and database managers. These occupations require significant education and training beyond the high school level but not a four-year degree. Educating people to plug the gap and fill these middle-skill jobs is critical, especially for low-skill workers to take advantage of emerging job opportunities, and for businesses to grow with the skilled workforce they need.

The National Skills Coalition and Institute for America's Future
Armand Biroonak and Kermit Kaleba

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