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Displaying 226 - 250 of 369
Authored on

Oregon Legislature Approves "Pay It Forward" Pilot Program to Help Students Pay for College

Wednesday, July 10, 2013

Oregon lawmakers unanimously approved a bill (HB 3472) that instructs the state's Higher Education Coordinating Commission to design a pilot program to evaluate a new college funding system known as "Pay It Forward." Under the proposed model, students would commit a percentage of their future incomes to repay the state, instead of paying tuition or taking out traditional loans to attend community colleges and universities. The bill currently awaits the signature of Gov. John Kitzhaber.

  • Read more about Oregon Legislature Approves "Pay It Forward" Pilot Program to Help Students Pay for College

MN, ND, NE, RI Sponsor Internship Programs to Build Relationships Between Employers, Students

Wednesday, July 17, 2013

During this year’s legislative sessions, several states looked toward creating, providing support for or redesigning programs that help incentivize businesses to hire and mentor student interns. In an effort to spur rural internships, Minnesota lawmakers approved a new tax credit program to support internships for students in greater Minnesota. In North Dakota, lawmakers committed $1.5 million to their Operation Intern program, while Nebraska lawmakers updated their Intern Nebraska grant program to provide students with a high-quality internship experience. Rhode Island Gov.

  • Read more about MN, ND, NE, RI Sponsor Internship Programs to Build Relationships Between Employers, Students

Governors' Higher Ed Reforms Win Approval in MA, NJ

Wednesday, July 11, 2012

Two bold proposals seeking to make big changes to community colleges in Massachusetts and New Jersey research universities recently were approved by lawmakers. In Massachusetts, more funding for the state's 15 community colleges is tied to increased oversight, performance measures and integration of workforce development initiatives. Meanwhile, New Jersey lawmakers passed a bill merging a medical and dentistry school with Rutgers University in hopes of strengthening partnerships for research projects and drawing more federal funding.

  • Read more about Governors' Higher Ed Reforms Win Approval in MA, NJ

Supertemps, Boot Camps Reshaping High-Tech Workforce

Wednesday, July 25, 2012

In a fast-paced global economy, the workforce has to be nimble and easily adaptable to changing needs. The new workforce is being shaped by improvements in technology, cuts to higher education, and a new generation of workers who think differently about the labor market. Two emerging trends reshaping the high-tech workforce are the rise of highly-skilled independent contractors or "supertemps," and industry-sponsored boot-camp style training to quickly fill the specialized needs of employers.

  • Read more about Supertemps, Boot Camps Reshaping High-Tech Workforce

MA Lawmakers Pass Jobs Bill with $50M R&D Matching Grant Fund

Wednesday, August 1, 2012

A bill introduced less than three months ago to spur economic activity through high-impact university-industry R&D projects and provide tools for tech-based startup companies was passed with overwhelming support in the legislature. In addition to the matching fund, the bill includes funding to provide paid internships to startup technology companies and establishes an entrepreneur and startup venture capital mentoring program. Measures to address the state's skills gap and promote manufacturing competitiveness also are included.

  • Read more about MA Lawmakers Pass Jobs Bill with $50M R&D Matching Grant Fund

Tech Talkin’ Govs: Part I

Thursday, January 9, 2014

Now in its 14th year, SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene the 2014 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses. The first edition includes excerpts from speeches delivered in Idaho, Kentucky, New York, Virginia, and West Virginia.

  • Read more about Tech Talkin’ Govs: Part I

JPMorgan Chase Launches $250M Initiative to Bridge Global Skills Gap

Thursday, January 9, 2014

JPMorgan Chase & Co recently announced details of a new five-year, $250 million global initiative to address the global skills gap in high-tech industries. The New Skills at Work initiative will help generate accurate data on employer demand at the regional level, and assist workforce training groups in developing effective programs to meet those demands. Operations will focus on major U.S. and European cities, staring with Chicago, Columbus, Dallas, Detroit, Houston, Los Angeles, Miami, New York, the San Francisco Bay area and London.

  • Read more about JPMorgan Chase Launches $250M Initiative to Bridge Global Skills Gap

Tech Talkin’ Govs: Part II

Thursday, January 16, 2014

The second installment of SSTI’s Tech Talkin’ Govs series includes excerpts from speeches delivered in Alabama, Arizona, Georgia, Iowa, Kansas, Rhode Island, South Dakota, Vermont and Virginia.

  • Read more about Tech Talkin’ Govs: Part II

Higher Education in the New Economy

Wednesday, August 17, 2011

As state and federal funding for higher education dwindles and the workforce needs of the new economy continue to shift, state and university officials are reevaluating how higher education is funded, its return on investment for the state, and how universities can better drive economic growth. Recent examples in New York, Ohio and Texas demonstrate how states are implementing new policies to adapt to the changing times.

  • Read more about Higher Education in the New Economy

Women Still Make Up Small Portion of STEM Workforce A Decade Later

Thursday, August 11, 2011

Women are still vastly underrepresented in science, technology, engineering and mathematics (STEM) jobs and have been for the past decade, even as their share of the college-educated workforce has increased, finds a new report from the Commerce Department's Economic and Statistics Administration. Women occupy only 24 percent of STEM jobs today, compared to 48 percent of all jobs, and although the gender wage gap is smaller (14 percent in STEM fields compared to 21 percent in non-STEM occupations), a clear gender disparity exists nonetheless.

  • Read more about Women Still Make Up Small Portion of STEM Workforce A Decade Later

Budget Round Up: States Address Higher Ed Affordability, Research Capacity, Workforce

Thursday, January 23, 2014

Several common themes surrounding higher education have emerged as governors across the country unveil investment priorities for the upcoming fiscal year or biennium. In many states, governors have proposed more funding to increase affordability by freezing tuition or creating new scholarship funds. Support for expanding research capacity, technology-related infrastructure and job training in high-demand industries are some of the proposed measures aimed at competitiveness.

  • Read more about Budget Round Up: States Address Higher Ed Affordability, Research Capacity, Workforce

MI University Research Corridor Leads in Talent Production, According to Report

Thursday, January 23, 2014

Michigan’s University Research Corridor (URC), an alliance between the state’s three largest higher education institutions, leads its peer clusters in generating high-tech talent and ranks second overall in innovation activity, according to a report commissioned by URC.

  • Read more about MI University Research Corridor Leads in Talent Production, According to Report

Tech Talkin’ Govs: Part III

Thursday, January 23, 2014

The third installment of SSTI’s Tech Talkin’ Govs series includes excerpts from speeches delivered in Delaware, Michigan, Missouri and New Mexico.

  • Read more about Tech Talkin’ Govs: Part III

NY Budget Proposes New Genomic Medicine Network, STEM Scholarship

Tuesday, January 28, 2014

The FY15 budget proposal outlined last week by Gov. Andrew Cuomo would provide funding to continue many of New York’s innovation-focused efforts while investing in new initiatives, including a genomic medicine network and STEM scholarship program.

  • Read more about NY Budget Proposes New Genomic Medicine Network, STEM Scholarship

FL, LA Govs Challenge Educators to Develop Top-Notch STEM Workforce

Wednesday, January 29, 2014

Filling the pipeline with skilled workers able to perform the high-tech jobs employers say are sitting vacant has long been advocated by state leaders and policymakers as essential to competing in the global economy. Governors in Florida and Louisiana are stepping up efforts this legislative session with proposed multi-million dollar investments through training and scholarship programs to change the landscape of their states’ workforce.

  • Read more about FL, LA Govs Challenge Educators to Develop Top-Notch STEM Workforce

Maryland’s first State of the Economy report finds almost a decade of stalled economic and population growth

Thursday, January 11, 2024

Last week (Jan. 3), Maryland’s state comptroller released the state’s first State of the Economy report.

  • Read more about Maryland’s first State of the Economy report finds almost a decade of stalled economic and population growth

Artificial intelligence and the US labor market

Thursday, January 18, 2024

Artificial intelligence (AI) is already well integrated into the American workforce; in 2022, 19% of American workers were in jobs identified as most exposed to AI, compared to 23% in the least exposed jobs, according to a study by Pew Research. Jobs identified as most exposed are those in which the most critical responsibilities can either be replaced or assisted by AI.

  • Read more about Artificial intelligence and the US labor market

Nearly 1 in 5 US workers are over 65 as retirements are delayed

Thursday, January 18, 2024

The workforce is growing older, and that’s very likely a good thing for U.S. productivity. Various statistics reveal the active workforce over 65 is more likely to have higher education levels than historically, working at a 0.75 full-time equivalent rate on average, and is working for lower wages on average than younger workers.

  • Read more about Nearly 1 in 5 US workers are over 65 as retirements are delayed

WEF launches tech-reskilling drive to retrain 1 million workers free

Thursday, February 1, 2018

Addressing what it believes is a global skills gap in IT and job displacement resulting from automation, the World Economic Forum (WEF) launched an initiative that is seeking to reach 1 million people with resources and training opportunities by January 2021. The SkillSET portal is intended to help users acquire the skills and education to adapt to an increasingly digital workplace.

  • Read more about WEF launches tech-reskilling drive to retrain 1 million workers free

Recent Research: Customized services are cost-effective economic development tools

Thursday, January 18, 2018

Financial incentives for company recruitment and retention still dominate state and local economic development expenditures, but recent research estimates that extension programs and customized job training can accomplish development goals in a more cost-effective manner. Despite this, customized services get, on average, five cents of public investment for every dollar that traditional financial incentive strategies receive.

Financial incentives for company recruitment and retention still dominate state and local economic development expenditures, but recent research estimates that extension programs and customized job training can accomplish development goals in a more cost-effective manner. Despite this, customized services get, on average, five cents of public investment for every dollar that traditional financial incentive strategies receive.

  • Read more about Recent Research: Customized services are cost-effective economic development tools

Workforce winning in latest state budget proposals; KS, MA, MI, OK, TN reviewed

Thursday, February 8, 2018

Workforce development programs and apprenticeships continue to win favor in many of the governors’ state budget proposals. In our latest review of TBED initiatives being proposed in state budgets, we found Kansas asking for additional funds for research, worker training and apprenticeships; Massachusetts is looking to double community college scholarship funding and increase several workforce development initiatives; and in Michigan, skilled trades training would receive a boost.

Kansas

Workforce development programs and apprenticeships continue to win favor in many of the governors’ state budget proposals. In our latest review of TBED initiatives being proposed in state budgets, we found Kansas asking for additional funds for research, worker training and apprenticeships; Massachusetts is looking to double community college scholarship funding and increase several workforce development initiatives; and in Michigan, skilled trades training would receive a boost.

  • Read more about Workforce winning in latest state budget proposals; KS, MA, MI, OK, TN reviewed

ARC commits $20M for new round of POWER grants

Thursday, February 8, 2018

The Appalachian Regional Commission has released a request for proposals for the 2018 POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Program.

The Appalachian Regional Commission has released a request for proposals for the 2018 POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Program. In this round of funding, ARC will commit up to $20 million to support efforts that create a more vibrant economic future for coal-impacted communities in the ARC region by cultivating economic diversity, enhancing job training and re-employment opportunities, creating jobs in existing or new industries, and attracting new sources of investment.

  • Read more about ARC commits $20M for new round of POWER grants

Keeping pace with the needs of a skilled workforce

Thursday, February 15, 2018

If the U.S. is going to continue to compete globally and win on innovation, more workers will have to attain credentials allowing them to keep pace with the demands of the shifting workforce, say several recent reports. However, only a quarter of the states have more than 50 percent of their prime working age population attaining some kind of credential beyond high school according to a new study from the Lumina Foundation.

If the U.S. is going to continue to compete globally and win on innovation, more workers will have to attain credentials allowing them to keep pace with the demands of the shifting workforce, say several recent reports. However, only a quarter of the states have more than 50 percent of their prime working age population attaining some kind of credential beyond high school according to a new study from the Lumina Foundation. A new Brookings analysis finds that 15 percent of young people are “disconnected,” meaning they do not have a job and are not in school. To meet the demands that the work of the future will entail, Lumina advocates that 60 percent of those aged 25 to 64 have some credential beyond high school by 2025 (the current national average is 46.9 percent).

  • Read more about Keeping pace with the needs of a skilled workforce

Digital skills imperative in changing nature of workforce

Thursday, December 7, 2017

Two recent reports detail the changing nature of jobs and highlight the importance of digital skills for the workforce. To guard against a greater income divide and ensure a competitive workforce, the studies — one from Brookings and the other from the McKinsey Global Institute — outline policy prescriptions that may ease the transition.

  • Read more about Digital skills imperative in changing nature of workforce

Some experts remain skeptical of the ‘skills gap,’ both sides of debate agree on solutions

Thursday, January 4, 2018

In 2016, a study – Skill Demands and Mismatch in U.S.

In 2016, a study – Skill Demands and Mismatch in U.S. Manufacturing – found that approximately 75 percent of manufacturers showed no signs of hiring difficulties.  This study and others (including a 2015 study from Iowa State University) are reigniting a long held economic development debate over the ‘skills gap’ – a contention that there is a mismatch between the abilities employers seek in candidates and the capabilities of workers developed by the educational/workforce development systems. Challenging the conventional wisdom put forth by employers, pundits, and policymakers, these studies seem to indicate that the problem does not lie with the U.S. workforce development and educational system. Instead, the problem stems from two primary issues at the firm level:

  • A lack of employer-sponsored training; and,
  • A lack of competitive wages.
  • Read more about Some experts remain skeptical of the ‘skills gap,’ both sides of debate agree on solutions

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