These degrees cost money. The U.S. has over 44 million people who owe an average of $29,000 in student loans, exceeding $1.5 trillion in combined student loan debt. With this in mind, why would the federal government, through an executive order no less, implement the F-1 Optional Practical Training (OPT) Visa, which allows over 250,000 foreign students to remain in the U.S. and work in STEM jobs? Moreover, why would the federal government give financial incentives to hire these foreign students over American students with the degrees and skills?
The National Science Foundation is helping to modernize the American workforce. And it all started with a challenge: The Career Compass Challenge. Today, the agency announced the Challenge winner, Amy Huber, who developed a working prototype for an IT platform to help the American workforce not only identify new roles in today's rapidly changing workforce, but also ways to locate the training to make such a pivot.
Manufacturers are aware and concerned about the aging of their manufacturing workforce, according to a recent report from the Manufacturing Institute’s Center for Manufacturing Research. The report notes that a recent outlook survey found that attracting and retaining a quality workforce is one of the top challenges facing manufacturers, where nearly one-quarter of the sector’s workforce is age 55 or older.
There are few investments quite as solid as earning a bachelor’s degree in engineering. According to the National Association of Colleges and Employers, the average starting salary for the Class of 2018 was $50,944, and the top-paid graduates were engineering majors.
College may not pay off for all students, but those who pick their majors and alma maters wisely have a better chance of getting a return on their investment. That’s according to a new study from compensation-data firm PayScale, which analyzed salaries of graduates from thousands of colleges and universities across the U.S.
The concentration of wealth is increasing, income gaps are widening, economic growth that doesn't equate to employment growth is seemingly the new norm, ROI in capital and technology usually is better than labor, and future tech can replace much of human physical and mental labor. As a result of these and additional factors, more than 450 futurists and other experts related to future work-technology dynamics from 50 countries shared their views. Jerome Glenn, CEO, The Millennium Project, discusses the three alternative global scenarios.
A three-year international study by The Millennium Project identified 93 actions and assessed each action by hundreds of futurists and related experts in 50 countries. This international long‑range study includes three detailed scenarios to 2050 and assessments of 93 actions. The actions are the results of 30 national workshops in 20 countries.
The U.S. Army is struggling to staff, train, and equip its new cyber and electronic warfare units, and officials haven’t assessed how those challenges will affect the Pentagon’s digital capabilities, according to a congressional watchdog.
Getting a college degree may no longer be significant for people’s careers, according to an expert in the education sector. Speaking to CNBC’s “Street Signs Europe” on Monday, John Fallon, CEO of education company Pearson, said shifting career expectations and longer life expectancies were reducing the importance of receiving a college education.
How can employers and communities prepare for the future workforce needs and ensure inclusion? A new report from Brookings, “Skills and Opportunity Pathways Building an Inclusive Workforce for the Future,” authored by Makada Henary-Nickie, fellow and Hao Sun, research analyst, examines what the future workforce will look like and what it will need to thrive.