Education
Quality education is essential to a skilled and competitive workforce. Access to education, coupled with reliable, quality childcare is key for improving economic opportunities for all Americans.
Our education system is failing many students as shown by data that reveals two-thirds of our fourth and eighth graders are unable to read or do math at their grade level. And the United States ranks below a number of other countries in reading and math proficiency. Recognizing the importance of childcare as a key component of the education system is crucial to addressing the current challenges and ensuring that every child has the support they need to thrive.
- 6th in ReadingGlobal Ranking for U.S. Students
- 10th in ScienceGlobal Ranking for U.S. Students
- 26th in MathGlobal Ranking for U.S. Students
Introducing Commerce Meets Classroom, a new series from our K-12 education Senior Manager, Kyle Butler, featuring the business perspective on pressing education issues.
Stories of Education and Workforce in Action
Across our nation’s talent pipeline, we explore the stories of employers investing in the workforce of today and tomorrow to close the skills gap.
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Programs and Initiatives
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The lack of access to affordable, high-quality childcare isn’t just a problem for families. A new report found that it’s costing Washington businesses more than $2 billion per year in employee turnover or missed work, and the total cost to the state economy tops more than $6.5 billion per year.
We are in an economy that competes on talent. The business community succeeds or fails based on its ability to find and develop a consistent and reliable pipeline of high-quality talent. Thus the business community is very interested in what is taught in our nation’s postsecondary institutions. Rather than an intrusion on postsecondary education’s mission, it is a realization that what postsecondary education does and does not do has a real impact on the success of the business community and the competitiveness of the United States.
Atlanta’s economy is growing rapidly. In 2018, employers created 58,400 new jobs, and the workforce increased by 2.8 percent. Demand for new employees also jumped, with more than half a million job openings in the metro area – nearly 10 percent more than 2017. But despite this tremendous opportunity, like other growing areas, the Atlanta region is competing for talent at home and abroad to ensure economic prosperity and competitiveness in the years ahead.
Employers would like to invest in their current employees, but they don't always know how to overcome hurdles such as cost and logistics. Luckily, the U.S. Chamber of Commerce Foundation's Center for Education and Workforce (CEW) is helping lead the charge on solutions.
San Mateo County had a childcare shortage crisis limiting economic opportunities for families and access to education for the county's children. Using data to position early childhood education and care as an infrastructure challenge, Build Up SMC is growing and improving the supply of childcare and early learning programs through advocacy, strategic partnerships, and making childcare and early learning conversations a priority.
Successful career pathways are created through deep and meaningful coalitions of organizations. These coalitions bring education, community members, and business leaders together with a shared dedication to meeting society's biggest challenges in a responsible, sustainable, and profitable way. They blur the lines between formal education, community service, workforce development, and economic development.
The future of work is now and the problem we are solving is not adapting to new technologies, but adapting to the dynamism of the economy, which will only accelerate. Dynamic economies require dynamic labor markets, and agile businesses require agile workers and workforce partnerships.
According to the U.S. Bureau of Labor Statistics, there were approximately 8.6 million STEM jobs in May 2015, with the highest jobs in software development, user support, and systems analysts. Despite the high number of jobs, the lack of skilled workers in the labor force allow these positions to go unfilled. To make matters worse, the existing STEM workforce lacks diversity among women and minorities, not representing the emerging workforce of women and underrepresented groups.
Though not widely known outside of the education community, the Department of Education recently released information about a new pilot for institutions willing to reimagine their Federal Work Study (FWS) programs. Given the pilot’s emphasis on increased industry engagement in FWS, it is imperative that the business community be informed about the pilot and reach out to their education partners to leverage this pioneering opportunity to benefit our nation’s students. Chances like this are few and far between…and will become completely obsolete if limited interest prevails innovative thinking.
With a dedication to developing future-ready talent, Tata Consultancy Services (TCS) leads with their expertise and partners strategically to implement immersive K-12 STEM programming, support educators, empower the underrepresented, invest in research, and other efforts to prepare our youth for 21st century careers.
