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Roy, Jeffrey; Lambert, Edward, Jr. – New England Journal of Higher Education, 2019
The lack of skilled workers to fill open positions is a growing concern for the economy. The talent search firm Korn Ferry has estimated that the U.S. could face a deficit of 6.5 million highly skilled workers by 2030, and the skills gap could cost the country $1.75 trillion in revenue by that same year. More important, the failure to better…
Descriptors: High School Students, Credentials, Labor Force Development, Career Readiness
Earls, Eamon McCarthy – Pioneer Institute for Public Policy Research, 2019
Fintech describes new technology aimed at improving and automating the delivery of financial services. The term encompasses a wide variety of finance industry segments, such as crowdfunding, peer-to-peer lending, payments, data collection, cryptocurrency, credit scoring, cybersecurity for finance, thematic investing, algorithmic asset management,…
Descriptors: Public Colleges, Financial Services, Information Technology, Technological Advancement
Rennie Center for Education Research & Policy, 2022
Massachusetts has developed a reputation for being a hub of innovation in science, technology, engineering, and math. Fields like health care and technology are booming here. Yet compared with the general population, the people who fill these roles are disproportionately White. Estimates indicate that between 2018 and 2028, one out of every three…
Descriptors: STEM Careers, Career Pathways, Demand Occupations, Labor Needs
Education Commission of the States, 2018
Business leaders in Massachusetts cannot find the science, technology, engineering and mathematics (STEM) talent they need to stay competitive. Students' lagging performance in K-12 is a critical reason why. The good news is that the nation's most effective STEM ducation programs can help turn the tide. Massachusetts students outscore their peers…
Descriptors: STEM Education, Elementary Secondary Education, Demand Occupations, Mathematics Achievement