Addressing Skills Gaps
Faced with rapidly evolving technology and global competition, businesses need workers with up-to-date skills to fill open positions and keep pace with changes in their industry. U.S. employers are struggling to find workers, particularly for technically skilled occupations, and they are unsure of whether local education and training providers are preparing enough people with the right skills to meet current and future industry needs.
Business leaders need more information about education pipelines, career pathways, and workers' varied credentials (e.g. certifications, certificates, and degrees) to assess whether the regional workforce can meet the skill needs of their company now and in the future.
With this data, industry can help identify where skills gaps exist or are likely to emerge, and provide input to colleges and training providers about the types of courses and competencies students will need in order to be hired. Setting up a process for industry validation of awarded credentials will help educators and policymakers assess whether education and training programs are aligning with labor market need. Business leaders in turn can be confident about which programs are awarding the credentials that signal an individual’s readiness for employment at their companies.