Catapult Papers highlight the opportunities for “Next Gen” workforce development solutions

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“Catapult Papers” series recognizes opportunities for employers, workers in new approaches during tight labor market

Boston –Changing industries. A tight labor market. Changing demographics among jobseekers. With all of these disruptions to the workforce, workforce development organizations must pivot in order to better connect employers and jobseekers. How workforce development organizations can do that is the subject of a new series of papers underwritten by the Boston Foundation, SkillWorks, and JVS Boston.

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Project Catapult Launches First in Catapult Papers Series on The Future of Workforce Development

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We are experiencing one of the strongest and most sustained periods of economic growth in American history—accompanied by unprecedented levels of income inequality. That growth has led to the current tight labor market with its continued proliferation of skilled jobs, which, in combination with anticipated attrition due to Baby Boomer retirements, has created a never-before-seen tension between the demand to fill jobs and the lack of supply ready to fill those jobs.

That tension requires a more robust workforce development solution. For example, with historically tight job markets, employers are desperate for talent. They are now willing to consider previously disregarded sources of labor and new approaches to recruitment and retention. This not only offers greater economic opportunity to lower-income individuals, but it creates a competitive business advantage for the employer. To meet these extraordinary challenges and opportunities, we need a very different approach, a new kind of “Next Gen” workforce organization that can launch untapped talent into new opportunities at a much faster, more direct and sustained rate and support the long-term success of both workers and employers via advancement, retention and strong employment practices. It also requires accompanying investment by philanthropy and government to make Next Gen workforce development a reality.

Enter Project Catapult: a new way of doing workforce development that will be valued by employers and will support longer-term economic mobility for jobseekers and employees.

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Jobs & Workforce Summit Preview: Amar Kumar, Presenting New Research on the Future of Work

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amarkumarAmar Kumar is the Senior Vice President of Efficacy & Research at Pearson, and will be joining us as a featured speaker at the 8th Annual Massachusetts Jobs & Workforce Summit on Thursday, October 26th in Devens, MA. This year’s theme, Talent in the New Economy: Powering Economic Growth will highlight public policy and program efforts which support and develop a skilled workforce and play a critical role in building our local economy.

Continue reading below for a sneak peek into Pearson’s research on the future of work and what Amar will be discussing at the Summit. And don’t forget to register today to join the event. Space is filling up fast!

Continue reading “Jobs & Workforce Summit Preview: Amar Kumar, Presenting New Research on the Future of Work”