Along with a study into new employee preparedness, a Workforce Readiness Report Card is presented to provide an accessible snapshot of the basic knowledge and applied skills that are either "deficient" or "excellent" in those areas that employer respondents rate as "very important."
"So where the heck are all the jobs? Eight-hundred billion in stimulus and $2 trillion in dollar-printing and all we got were a lousy 36,000 jobs last month. That's not even enough to absorb population growth. You can't blame the fact that 26 million Americans are unemployed or underemployed on lost housing jobs or globalization -- those excuses are played out. To understand what's going on, you have to look behind the headlines. That 36,000 is a net number. The Bureau of Labor Statistics shows that in December some 4,184,000 workers (seasonally adjusted) were hired, and 4,162,000 were 'separated' (i.e., laid off or quit). This turnover tells the story of our economy -- especially if you focus on jobs lost as a clue to future job growth."
"In the past decade, the flow of goods emerging from U.S. factories has risen by about a third. Factory employment has fallen by roughly the same fraction. The story of Standard Motor Products, a 92-year-old, family-run manufacturer based in Queens, sheds light on both phenomena. It’s a story of hustle, ingenuity, competitive success, and promise for America’s economy. It also illuminates why the jobs crisis will be so difficult to solve."
Image: By Jabbi - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=16482363
"It is a truth universally acknowledged that education is the key to economic success. Everyone knows that the jobs of the future will require ever higher levels of skill. That’s why, in an appearance Friday with former Florida Gov. Jeb Bush, President Obama declared that “If we want more good news on the jobs front then we’ve got to make more investments in education.”
Image: By Chris Moncus - http://flickr.com/photos/chrismoncus/867789886/, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=4828570
"Many Americans are skeptical that the advantages of economic globalization outweigh the disadvantages: 49% of the public said in an April survey that U.S. involvement in the global economy is bad because it lowers wages and costs jobs. That compares with 44% who said that global economic engagement is good because it opens new markets and creates opportunities for growth."
Image: By World Economic Forum from Cologny, Switzerland - Pawlak, Halberstadt - World Economic Forum Turkey 2008, CC BY-SA 2.0, https://commons.wikimedia.org /w/index.php?curid=10416970
"An anxious student recently appeared at my office door. He was considering not applying to the master’s of accounting program; a professor elsewhere in the business school had told him accountants would be obsolete within a matter of years. My immediate reaction was to laugh, but I quickly stifled that impulse when I saw real concern on his face. I walked him through the fatal flaws of this conjecture, and I believe I successfully convinced him to continue his accounting studies. Nevertheless, the incident got me thinking about the 'audit of the future' — in particular, the role of the audit professional in a rapidly changing technological environment."
"In September 2015, three executives walked into the Tokyo office of Toyota Motor Corp. President Akio Toyoda with a call for a radical change. Toyota, they believed, needed to embrace the goal of building cars that could drive themselves, possibly without drivers--something Mr. Toyoda, a race-car enthusiast who likes his hands and feet on the controls, had long resisted."
"Bill Gates, meet Ned Ludd. Ned, meet Bill. Ludd was the 18th-century folk hero of anti-industrialists. As the possibly apocryphal story goes, in the 1770s he busted up a few stocking frames--knitting machines used to make socks and other clothing--to protest the labor-saving devices. Taking up his cause a few decades later, a band of self-described 'Luddites' rebelled by smashing some of the machines that powered the Industrial Revolution."