How Companies and Colleges Can Get the U.S. Back to Work
Learning on the job, for credit.
Photographer: Daniel AckerLast Friday, the Labor Department announced that the U.S. economy had enjoyed a record 76 consecutive months with job gains. Yet at the same time, the U.S. Chamber of Commerce reports that 5.6 million jobs remain unfilled because of a pernicious “skills gap” -- or mismatch between employers’ needs and workers’ abilities. In a Business Roundtable survey, 45 percent of C-suite executives say hiring is particularly difficult in so-called STEM fields, those requiring expertise in science, technology, engineering and math.
College graduates themselves are no less concerned: A national survey commissioned by Northeastern University found that just 14 percent of recent college graduates believe their education prepared them to work with artificial intelligence and robotics -- innovations poised to transform the American workplace.