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CEOs Say Skills Gap Threatens U.S. Economic Future

January 15, 2015 Comments off

CEOs Say Skills Gap Threatens U.S. Economic Future
Source: Business Roundtable and Change the Equation

The skills gap is real and is a significant a problem, the CEOs of major U.S. corporations said today at an event in Washington hosted by Business Roundtable and Change the Equation. The finding is part of a survey of the memberships on U.S. STEM (science, technology, engineering, and mathematics) Skills, conducted earlier this year.

According to the 126 CEOs who responded, key points that emerged included:

  • ninety-seven percent reported the skills gap is a problem;
  • approximately 60 percent of job openings require basic STEM literacy, and 42 percent require advanced STEM skills;
  • twenty-eight percent say that at least half of their new entry-level hires lack basic STEM literacy;
  • sixty-two percent of CEOs report problems finding qualified applicants for jobs requiring advanced computer/IT knowledge;
  • forty-one percent report problems finding qualified applicants for jobs requiring advanced quantitative knowledge; and
  • over the next five years, employers will need to hire nearly 1 million employees with basic STEM literacy and more

STEM Vital Signs

April 30, 2011 Comments off

STEM Vital Signs
Source: Change the Equation

The push for higher standards in K-12 education has been underway for the better part of two decades. But even as some states have created clearer and more rigorous academic standards, many have lowered the bar on their state tests. The result? Too many states are lulling parents and their children into a false sense of security at a time when all students need a much stronger foundation in math and science to thrive in a global economy.

This must change. Change the Equation created “Vital Signs” reports on the condition of STEM learning in all 50 states and the District of Columbia to help measure state performance—and dig deeper into the nation’s education challenges. We aim to arm both business leaders and state leaders with the information they need to make the case for truly high expectations for our nation’s students.

+ Full Report (PDF)

Individual state reports also available.

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