“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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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.
Continue reading “Project Catapult Launches First in Catapult Papers Series on The Future of Workforce Development”
“The Clowes Fund, a family foundation, seeks to enhance the common good by encouraging organizations and projects that help to build a just and equitable society, create opportunities for initiative, foster creativity and the growth of knowledge, and promote appreciation of the natural environment.” This mission has guided The Clowes Fund for nearly two decades. Ten years ago, The Clowes Fund articulated its specific interest in assuring that all individuals have available the support and services necessary to enable them to participate fully in the economic life of their communities. SkillWorks has been part of our strategy since then.
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Starting with this blog post, SkillWorks is beginning a feature called the Funders’ Corner. This month we have asked the Herb and Maxine Jacobs Foundation to share a few thoughts:
Our mission has always been focused on one societal problem – wealth inequality, but the specifics of our projects have evolved as we have learned more and as the environment has changed.
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This article was originally posted on LinkedIn by Paul Brassil, VP of Information Technology at the Federal Reserve Bank of Boston. Read the original post here.
The importance of diversity in IT
By: Paul Brassil, Vice President, Information Technology at Federal Reserve Bank of Boston, member, TechHire Boston
Last week, I was privileged to participate in a TechHire Boston forum, convened by the Boston Foundation, SkillWorks, and the Private Industry Council (PIC) which focused on strategies to close the workforce gap in Greater Boston’s IT and tech space. As part of a panel of leaders from public, private, and nonprofit sectors, our discussion centered on the economic shifts in the digital age and the need for employers to easily find quality, diverse talent in a highly competitive market.
Continue reading “TechHire Boston Employer Partner Paul Brassil of the Boston Fed on Commitment to Diversity in IT”