After several years of Senate inaction, the Committee on Health, Education, Labor, and Pensions (HELP) Chairman Lamar Alexander announced the markup of a bill to reauthorize the Carl D. Perkins Career and Technical Education Act (Perkins Act). Enacted in 1984 to improve the academic and technical quality of vocational education, the Perkins Act provides federal funding for career and technical education (CTE) programs offered at the secondary or postsecondary level.
The conclusion from the working paper, The Effects of Scientists and Engineers on Productivity and Earnings at the Establishment Where They Work, by Erling Barth, James C. Davis, Richard B. Freeman, and Andrew J. Wang, is pretty clear for manufacturers and policy advocates for improving U.S. manufacturing: firms should hire as many scientists and engineers as possible.
Panelists said closing the STEM skills gap not only is key to helping students secure jobs after graduation but also will help power the region's economy. "We've got to help people understand that they can succeed in STEM fields," said panelist Neil Matkin, president of Collin College. "The opportunities are there, but somewhere along the way it's either 'too hard' or 'I can't do it,' or 'Where does it lead?'"
The Trump administration’s massive deregulation effort and the enactment of the Tax Cuts and Jobs Act passed by the Republican-controlled Congress have done wonders for the U.S. economy. There are now more open jobs than there are unemployed people in America. Wages are increasing, and consumer and business confidence is rising with them.
Just when you thought you had millennials figured out, along comes Generation Z. But how exactly do they differ from millennials -- if at all? What does this next generation of tech-savvy, socially aware and entrepreneurial workers want? How can you attract, hire and retain them?
It’s an economic dilemma that can be traced back to the types of knowledge and experiences students get in the classroom. Local initiatives and special academies are giving students more exposure to STEM, but community leaders during a panel Tuesday at Toyota Motor North America’s headquarters in Plano said more can be done. “When we look at the global landscape and we look at the competition that’s out there, STEM is critical to our future success and our prosperity,” said Andres Alcantar, chairman of the Texas Workforce Commission.
Few generations have been analyzed, scrutinized and critiqued as much as the millennial generation. One characteristic of this generation that makes up 35 percent of the U.S. workforce is that they have high standards for the places they work -- but these standards may be misunderstood.
IBM is pushing congressional leaders to update workforce legislation aimed at helping workers get technical skills necessary from the growing number of technology-related vocational jobs. In a letter, the legacy tech giant, leading a coalition of 400 organizations, urged the chairman of the Senate Health Committee, Sen. Lamar Alexander (R-Tenn.), as well as its top Democrat, Sen. Patty Murray (D-Wash.), to reauthorize the Perkins Career and Technical Education Act.
According to research from the Society for Human Resource Management, citing Bureau of Labor Statistics (BLS) data, the percentage of boomers retiring has doubled over the past eight years and will continue to increase until the last of the boomers reach 65 around 2030. This is particularly challenging for manufacturers. Not only are more than a quarter of manufacturing workers over the age of 55, but the BLS also notes that manufacturers have the highest tenure compared to other sectors.
As companies scramble to adapt to the modern workforce, they’re doing whatever they can to attract top tech talent. For some that may mean getting a head start in filling next year’s most in-demand roles, which range from data-focused to security-related positions, according to Robert Half Technology’s 2018 IT salary report. The survey also reveals the average salaries for each role based off experience.