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…

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,…

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…

The National Fund for Workforce Solutions and Jobs for the Future, with support from the Rockefeller Foundation, launched the Youth/Industry Partnership Initiative (YIPI), to learn how employer-led industry partnerships could addressing the crisis of youth unemployment--7 percent of American youth (age 16-24) are neither in school or…

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…

In 2011, the Harvard Graduate School of Education released "Pathways to Prosperity: Meeting the Challenge of Preparing Young Americans for the 21st Century." The report argued that the current education system was too narrowly focused on the goal of preparing all young people to pursue a four-year college or university degree immediately…

This report presents data on job opportunities and skill requirements through 2018 arranged by the 16 career clusters in the Carl D. Perkins Act of 2006. The data are arranged state-by-state and the District of Columbia, from 2008 through 2018. Skill requirements are reflected in the length and extent of educational preparation and training…

Jobs in science, technology, engineering, and mathematics (STEM) are the backbone of the Massachusetts economy. They comprise a substantial share of employment: about 13 percent of the state's jobs and one-third of its gross state product are related to STEM. And they also generate jobs in other fields, such as business and professional services,…

Is the United States getting it wrong when it comes to educating tomorrow's innovators in critical fields? It has been known for years that the only way to compete globally in information technology, engineering, nanotechnology, robotics and other fields is to give students the best educational opportunities possible. But do individuals have a…

The report is an approximation of industrial and occupational needs for 1970-80 for 225 industries and 445 occupations in Massachusetts based on industry and employment records for 1960-71, occupational employment levels as reported in the 1970 Decennial Census, and the national industry/occupational matrix. The occupational demand detailed in the…