Archived Content

As business leaders representing every sector of the economy, Business Roundtable members know that the American economy thrives when U.S. workers have the levels of education and training needed to succeed in the jobs of today and tomorrow. Our country needs a world-class, skilled workforce to lead in global innovation, ensure future economic growth and drive job creation.

Unfortunately, the U.S. skills gap is real and growing. According to a Business Roundtable member survey, 94 percent of CEOs report that skills gaps are problematic for their companies. This talent gap affects all skill levels – from entry level to the highly technical.

More must be done now to strengthen the education and training pipeline serving youth and working adults so that individuals have the skills needed to be prepared to work and build sustainable career paths.

Apprenticeships: Putting skills into workforce training

Companies in the United States are looking to apprenticeships to overcome the lack of available skilled workers.

Skilled workers or a nation of project managers?

The German system of workforce training is often held up as a model the United States should emulate.

Words from CEOs to college graduates

Thanks to CSPAN for broadcasting recent college commencement addresses from U.S. business leaders, including several BRT-member CEOs.

Juxtaposition

In the global competition to create the highest-skilled workforce, the United States is not keeping up.

Taking Action for America

We, the CEOs of Business Roundtable have a plan to revitalize U.S. economic growth and job creation. We believe that America’s business leaders have an obligation to bring their real-world experience on economic matters to public policy, especially in a time of widespread joblessness and economic distress. Job creation depends on economic growth, which cannot occur unless businesses are free to innovate, invest and grow. Taking Action for America is a comprehensive plan to jump-start new business investment and knock down barriers to economic growth.

Taking Action for America: A Skilled, Prepared Workforce

Education attainment is the lynchpin of a productive and prosperous society. A young person who chooses not to finish high school makes a life-altering decision that limits his or her lifetime earnings and ability to succeed in today’s global economy. Dropping out of high school, as almost 7,000 U.S. students do daily according to the Alliance for Excellent Education, is the single biggest mistake a person could make.9 A high school diploma is not enough to meet the education requirements of the fastest growing new jobs, and continued employment and higher pay increases are more likely with additional education credentials.

Taking Action for America: Contributions of Highly Educated World Talent

Highly educated, foreign-born professionals have a long history of making great contributions to the United States. They drive economic growth, innovation and job creation. Immigrants are 30 percent more likely to form new businesses than U.S.-born citizens, and major U.S. employers, such as Intel, eBay, Yahoo! and Google, were all co-founded by immigrants. Among people with advanced degrees, immigrants are three times more likely to file patents than U.S.-born citizens, and for every high-skilled, temporary H-1B visa position requested, U.S. technology companies increase their employment by five workers.

In manufacturing, a skills shortage

The Washington Post traveled to western Michigan to report on the nascent recovery of manufacturing, held back by the lack of skilled workers. The shortage is by now a familiar story, but it bears repeating as a reminder that when U.S. education fails, the economy -- and Americans -- suffer the consequences.

Losing our edge in science and innovation?

The National Science Board released a new report Tuesday, "Science and Engineering Indicators 2012," that found the United States slipping in comparison to Asian countries in "knowledge-intensive economies."

Pages

Committee Priorities

Improve U.S. K-12 Education

A persistent complaint by employers is that many high school and college graduates – as well as some adult workers – lack foundational skills needed in the 21st century workplace. These include, for example, analyzing complex texts, adapting to new technologies and problem solving.

Rigorous academic standards in K-12 English language arts and mathematics are critical to ensuring all students graduate from high school ready for college and the workforce. Business Roundtable supports the full adoption and implementation of high-quality education standards and aligned assessments to raise the performance of U.S. students. Business Roundtable also supports policies and programs that ensure all students read on grade level by the end of third grade.

Align Individual Skills with Employer Needs

Businesses increasingly have difficulty finding employees with the knowledge and training required to meet their workforce needs. This includes both technical skills – such as aptitude in science, technology, engineering and mathematics (STEM) – and applied skills – such as leadership, problem-solving and communications abilities. This misalignment of skills exacerbates unemployment and stifles economic growth.

Business Roundtable believes a multifaceted solution, involving public and private players, is needed to address this skills mismatch problem. As a start, employers must send a clear, direct “demand signal” of the foundational attributes employees must demonstrate to succeed in the workplace; industry needs to sort out the large and chaotic world of industry credentials; state workforce boards and educational and training centers must understand job needs in each region and focus on helping students acquire the skills needed to fill those jobs; and human resources practices must improve across industry to identify competencies gained through valid credential programs and relevant experience.

Key Federal Legislation

Business Roundtable will continue to advocate for federal legislation that authorizes programs and policies that improve educational outcomes and help close the skills gap, including reauthorization of America COMPETES, the Carl D. Perkins Act and the Higher Education Act.

We use cookies to give you the best experience when using our website. You can click “Accept” if you agree to allow us to place cookies. For more information, please see our Cookie Notice.