In late 2019, SkillWorks and the Boston Foundation sought out some of the best workforce practitioners in the state who shared their thoughts on how we could capitalize on the region’s unprecedented growth and tight labor market by devising a workforce development system that benefited all workers as well as employers. Published as the Catapult Papers, they were a stake in the ground we entered 2020 rightly proud of. However, 2020 would quickly and drastically shift the ground we had so boldly claimed.Continue reading “Catapult Revisited: What is Still Relevant for Next Generation Workforce Development Organizations in the COVID Recession?”
The SkillWorks workforce funder collaborative is searching for its next executive director. After the departure of Marybeth Campbell in June of 2019, SkillWorks, the Boston Foundation and our funders have been engaged in due diligence across key stakeholders, to help us chart the course for this search and the future of SkillWorks.Continue reading “SkillWorks Launches Search for Next Executive Director”
The Workforce Competitiveness Trust Fund delivers the best bang for the State’s buck, so let’s fund it!
According to a recent survey, two thirds of employers in Massachusetts have trouble finding workers with the right skills. That’s not surprising when you consider that one in three adults in our state have only a high school diploma or less. Not to mention, nearly one third of the state’s labor force is over the age of 55 and will be retiring soon. These are among the realities that combine to create a perfect storm, threatening the stability our statewide economy.
The good news is that Massachusetts has two funding mechanisms to help address these issues: the Workforce Training Fund (WTF), a $22M fund supported by employer-backed contributions from Unemployment Insurance for incumbent worker training, and the Workforce Competitiveness Trust Fund (WCTF), a proven sector-based training model that has served hundreds of employers with qualified talent. The bad news: funding for both has decreased over the years, and only one of these has a sustained annual funding stream. Continue reading “Sustained Funding Needed For Training To Meet State’s Skilled Labor Needs”
As a workforce funder collaborative, SkillWorks invests pooled resources into employer-driven, sector-based training and placement strategies to help low-skill, low-and moderate-income job seekers move to family-sustaining jobs, and help employers find and retain skilled employees. SkillWorks is a nationally recognized workforce development intermediary and is the model for the National Fund for Workforce Solutions. Since its inception in 2007, the National Fund has been a key partner, advisor, and collaborator with SkillWorks, and we’re excited to continue working closely with the National Fund as they launch into an exciting new phase!
Guest written by: Philip Jordan, Economic Advancement Research Institute (EARI)
The U.S. economy is a complex and dynamic system within a global framework of goods and services. Through each boom and bust cycle, our economy has evolved, facing new global competitors and harnessing the creative and destructive power of technology. In the 21st century, this evolution has led to the intersection of the digital age and the human age; an age where repetition and consistency have given way to creativity and innovation, and skilled human capital fuels growth.