There are two major factors we need to address to close this gap and bring students and young professionals closer together with employers.
The first factor is empowering students to make informed decisions about their degree and courses they take. It takes 120 credits to graduate with a Bachelor’s Degree, yet the national average is 137 credits. Community college students are taking 80 credits for Associates Degrees that require an average of 60 credits. Students are wasting time and money. Yet they are still saying, “I wish I knew that when I was in school,” when confronted with the skills and experiences necessary to qualify for a job.
College students need more data, and thanks to Federal dollars, a few states — including Virginia, Florida, Tennessee, and Texas — have begun to marry earnings data with college transcripts. It’s a great start, but we will need to go beyond asking students to access tables of data on a government portal. What will truly impact the employment gap is when employers get more involved in academic planning. They need to educate one-, two- and four-year students on the soft and hard skills they need for getting a job before it is too late.
The second major improvement for closing the skills match gap is enabling students to tell their story in meaningful ways. The obvious conclusion is that won’t happen by using a word processor, filling out a form or creating a resume. It requires rich-media technology that allows a generation of employees — who are light on work experience but heavy on life experience and academic achievements — to distinguish their talents.
In a nutshell, someone recently asked me what are the three most important characteristics that determine an employee’s success in my organizations. My response was attitude, tenacity and talent. Their follow-up: show me where you find those on a resume….
Choosen excerpts by JMM from
“Many employers still feel that graduates are missing key skills when they leave university. We take a look at some of the ways MathWorks is collaborating with universities to bridge the skills gap between education and industry.” writes Keri Allan in Bridging the skills gap on eandt.theiet.org. “Mathworks works closely with both universities and industry as its computational tools, which include MATLAB and Simulink, are … Continue reading »
In a well documented paper, David Raffe, from University of Edinburgh, tells us that : The processes and outcomes of education-work transitions vary across countries and these differences tend to persist over time Institutional differences which create different national ‘logics’ largely explain these differences System reactions to pressure and theirs impacts vary. His General findings Where … Continue reading »
Youth Unemployment | More severe in countries in which vocational preparation takes place in full-time schools
“Young graduates and early school leavers entering the labour market are a population at risk. They are exposed to above-average turnover rates between different jobs and face an increased risk of unemployment. “ write Marc Piopiunik and Paul Ryan in Improving the transition between education/training and the labour market: What can we learn from various … Continue reading »
US – 13 million are looking for work and almost half of U.S. employers have difficulty filling positions ?
There is a skills gap in the U.S., and it is expected to widen over the next decade. Addressing it will take the concerted efforts of both government and — especially given strained federal and state budgets — private industry. A paper issued last week by the National Bureau of Economic Research attributes roughly one-third … Continue reading »
‘Many countries face significant skills gaps across a range of industries, particularly in technical and specialized fields’ says Boston Consulting Group . These gaps persist despite distressingly high unemployment rates even in developed economies. Jobs remain unfilled even as potential workers, lacking the skills and training that industries require, sit idle. Technical and vocational education … Continue reading »
After suffering the largest share of job losses in the recession, Americans with no more than a high school education have continued to lose jobs during the sputtering recovery while better-educated people have gained millions of jobs, according to a Georgetown University study Over nearly five years of financial turmoil, Americans across a broad … Continue reading »
- Canada | Some 40 pc of Canadian university graduates aged 25 to 29 are employed in low-skill jobs (jobmarketmonitor.com)
- Jobs for America / A Rooseveltian Second Term Agenda (jobmarketmonitor.com)
- The American Job Gap (jobmarketmonitor.com)
- Vocational educational / Not an option for losers (jobmarketmonitor.com)