Are we making progress in closing the skills gap?

Are we making progress in closing the skills gap?

A Tight Labor Market

It's "Jobs Friday," so let's take a quick look at some numbers.

Last month was another month of unexpectedly strong job growth with 310,000 workers added to employer payrolls. February's strongest gains were in retail and leisure, government, retail, and health care. While the unemployment rate ticked up to 3.6% and the number of people out of work and looking for a job edged up to 5.9 million, the Bureau of Labor Statistics says these measures "have shown little net movement since early 2022."

The demand for workers still outweighs the supply. Data from January shows there are now 1.9 job openings for each of those 5.9 million people looking for work. But, finding workers with the right skills that match certain available jobs is still a challenge for employers, according to the latest Beige Book report for the Federal Reserve Bank.

This is why the skills mismatch continues to be an issue.

How Do We Prepare Workers for In-Demand Careers?

WorkingNation was at SXSW EDU all this week in Austin. It's the annual education conference which?–?more and more?–?looks at how education can prepare workers for careers and educators and employers can help established workers gain those in-demand stills employers want.

Are we making progress in closing the skills gap?

We put that question to leaders from education institutions, nonprofits, philanthropies, and businesses, including those from Opportunity@Work , 麦当劳 , Western Governors University , Lumina Foundation , Obama Foundation , and Transfr , to name just a few.

In fact, we spoke with more than two dozen leaders about how education and business are changing their policies and programs to make more opportunities for a good-paying career possible, accessible, and affordable.

More workers with the talent employers say they want, the easier it will be to close that gap.

No alt text provided for this image
WorkingNation Overheard at SXSW EDU 2023

You can watch these interviews on our YouTube channel here.

In addition to these interviews from the floor of SXSW EDU, Jane Oates and I appeared on a couple of panels on skills-based hiring, expanding career pathways for people with disabilities, and how government policies can open the doors to education even broader.

We'll take a deep-dive into what we collectively learned about those topics in the coming weeks and months.

Still Ahead This Month

On Monday, March 13, visit us at www.workingnation.org for the debut of our latest series, How to Make Money Doing What You Love.

The digital series highlights little-known jobs in the “big” industries that teens can’t get enough of, providing kids with a potential pathway into the career field of their dreams.

First up, we'll head to a sports manufacturing firm to learn about all the skills needed to be a vital part of the company.

Want a peek at the full series? Watch the video below! We think you'll love this new series from Melissa Panzer and her team.

Workers at the Intersection of Age, Race, and Gender

The COVID pandemic exposed the vulnerabilities of being older, Black or Hispanic, and female in our nation’s workforce. And, that vulnerability has proved persistent despite post-pandemic gains within our workforce. Although workers of all ages were let go during the Pandemic, older workers have had the most difficulty reentering the workforce.

On March 22, WorkingNation and CWI Labs is releasing a digital magazine, Overlooked and Sidelines: Workers at the Intersection of Age, Race, and Gender, examining the barriers for reentry to the workforce for older workers, particularly women of color.

No alt text provided for this image

At the heart of the magazine is a video conversation about solutions to these barriers between Angela Beddoe, board chair for CWI Labs, and Jane Oates , president of WorkingNation.

We're passionate about this subject and hope you stop by www.workingnation.org later this month as we share our insight in the subject.

Until Next Time

We just wrapped up our SXSW EDU coverage, so I'll be keeping the newsletter short this month!

But I would be remiss if I didn't give a shoutout to all the talented and hardworking people at WorkingNation that helped bring those important conversations from the conference directly to you this week via our website and social media. My deepest thanks to Laura Aka , Katie Schindelheim , Michael S. James , George Freund, Sharon Arteaga , Garett Jaeger , Brendan Anders, Max Ostrove , Ian Smith , and Azariah Bjorvig.

One more thing. I may or many not have fan-girled when Hank Green stopped by for a chat. Not only is he smart, funny, and dedicated to helping kids get on a career pathway at the pace that is right for them?–?check out Study Hall on YouTube –?he was sweet enough to scrunch down so the enormous height difference between us wasn't so glaring. Or, at least he tried. ??

No alt text provided for this image

I'll see you here again in April. But come see us before that at our website and on social!

No alt text provided for this image
Heather Combs

CEO │ Board Member & Advisor │ Business Accelerator │ Fueling Strategic Vision, Profitable Growth, Operational Excellence, and Culture Transformation in Tech-Enabled Companies I Mom Surviving 5 Teenage Girls

1 年

A blast to talk to you all. I came away so motivated by the many innovative organizations working to help students of all types succeed in their degree and career goals!

Zach Margis

Student | Entrepreneur

1 年

Could further deskilling be a viable (somewhat ethical) solution for the skill mismatch? Even if it does lower wages, could there be more job availability?

Ramona Schindelheim

Journalist, Podcast Host, & Moderator

2 年

Please share! And SUBSCRIBE!

要查看或添加评论,请登录

Ramona Schindelheim的更多文章

  • Access = Economic Mobility

    Access = Economic Mobility

    A few weeks ago, I interviewed someone about a new study of how Gen Z defines the "American Dream" for an upcoming Work…

    5 条评论
  • Yip-py AI Kiy-ay: It's the Wild West Out There

    Yip-py AI Kiy-ay: It's the Wild West Out There

    Someone recently likened the rapid adaptation of AI into our society to me as the “Wild West,” meaning everyone wants a…

    3 条评论
  • The Future of Work 2025

    The Future of Work 2025

    As we head into 2025, we at WorkingNation ask this important question: What is the future of work in America? From…

  • Giving Thanks for a Diverse Country

    Giving Thanks for a Diverse Country

    We are just a week away from Thanksgiving and, as expected, you will be seeing the word “thanks” showing up in stories…

    1 条评论
  • Celebrating America's Workers

    Celebrating America's Workers

    Labor Day is seen by many as the last celebration of summer, marked by BBQs and parades. It is also a celebration of…

    2 条评论
  • What We Heard in July

    What We Heard in July

    WorkingKnowledge August 1, 2024 The Sky’s the Limit WorkingNation has always embraced the idea that all jobs are local,…

  • The Power of Teamwork

    The Power of Teamwork

    One of the underlying themes in all our WorkingNation journalism and storytelling is the power of a team. We see it…

  • Mind the Gaps

    Mind the Gaps

    All jobs are local. The needs in one community differ from the next, depending on the employers based there.

  • Workforce Solutions Are Always On Our Radar

    Workforce Solutions Are Always On Our Radar

    One Size Doesn't Fit All The pathway to a good career is not the same for everyone, nor should it be. A four-year…

    1 条评论
  • It's All About Opportunity

    It's All About Opportunity

    WorkingNation Welcomes Our New Media Partner Let’s start with some exciting news. WorkingNation has just announced a…

    3 条评论

社区洞察

其他会员也浏览了