JOLTS: Live Analysis Our economists will be giving their analysis of the new JOLTS report on LinkedIn LIVE this Wednesday at 10:30 a.m. ET/ 7:30 a.m. PT
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TAXONOMY (def.) A #taxonomy is a scheme of classification, especially a hierarchical classification, in which things are organized into groups or types. We’ve created comprehensive hierarchies of #Skills, Occupations, and Job Titles that have become the industry standard. Explore them: https://lnkd.in/e-7npTER #WordoftheWeek #LaborMarketDefinitions
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Join our upcoming WEBINAR to see how Texas is closing the skills gap with the MyTXCareer app! Hear from Texas Workforce Commission Chairman Bryan Daniel as he delivers valuable insights from one the fastest growing workforces in the nation. Save your seat: https://lnkd.in/e2vM9uBx #economicdevelopment #skills
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Intel has received an $8.5 Billion (with a B!) government grant to build chip factories— the largest grant awarded so far under the CHIPS Act, a piece of legislation aimed at bringing semiconductor manufacturing to U.S. soil. Our Report about this industry, and the CHIPS Act in particular, talks about the immense opportunity available to companies and communities for grants and loans. Read it here >> https://lnkd.in/g5VGC88A Intel plans to use the grant money to build and expand facilities in Arizona, Ohio, New Mexico, and Oregon. They may also be eligible for another $11 billion in loans under the same legislation, a signature piece of the president’s economic agenda that Congress passed in 2022.
Rebuilding Our Semiconductor Workforce
lightcast.io
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What does Lightcast Education’s Professional Services team DO? Deep-dive data research that helps #HigherEd institutions align their programs to market needs and demonstrate their impact. 💪 In this article, we break down some examples of projects completed in 2023, and give a look into the work we're doing in 2024 and beyond: 🔗 https://lnkd.in/eHb_YQEK #marketalignment #demonstratevalue #labormarketdata #dataresearch #highereducation
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We recently announced our partnership with UKG, delivering #skills insights that allow UKG Pro customers to provide employees with personalized career paths that align with their current roles and future aspirations. Using UKG + Lightcast for skills, organizations can: • Access AI-driven insights to provide tailored guidance on skills development and unlock new opportunities for employees • Achieve visibility into current skills and potential gaps to support workforce planning • Drive development, retention, and business success through a continuous learning culture See how you can enhance your UKG experience with Lightcast: https://lnkd.in/eu2duwk3
UKG + Lightcast Partnership
lightcast.io
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It’s impossible to understand New Zealand without understanding Māori culture and its relationship to the nation’s history. Increasingly, Lightcast data has shown that significance is showing up in the workforce and shaping the way business is done. Our Impact Report details these findings more fully: https://lnkd.in/eiWpCCwM #NewZealand
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To help us construct the 2024 Lightcast Impact Report, we surveyed nearly 1400 of our customers globally to better understand how they're assisting and empowering their workers, communities, and students using our data and insights. Read the Report highlights here >> https://lnkd.in/egsFCGqJ Together, we can build a #futurereadyworkforce #WeAreLightcast #ImpactReport Special thanks to Layla O'Kane for spearheading the survey and to Cara Christopher, MBA for leading this entire project.
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Excited to announce our strategic partnership with UKG to accelerate professional development and #workforceplanning through #AI, integrating our trusted #skills data directly into UKG’s leading solution. “UKG is making the hard stuff simple, redefining how skills development happens in the workplace every day by using AI to guide, recommend, and provide insights that help individuals — and businesses — grow.” -Hugo Sarrazin, Chief Product and Technology Officer at UKG Learn more about our integration: https://lnkd.in/eu2duwk3
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Want to learn how one of the fastest-growing workforces in the nation is tackling their skills gap? Read this case study ( https://lnkd.in/e9zZNsHb ) and join our live webinar for direct insights from the Texas Workforce Commission on their innovative approach to empowering the Texas workforce. Sign up for the webinar here: https://lnkd.in/e2vM9uBx cc: Joshua Wright | Connie Sharp, CWDP | Bryan Daniel
Closing the Skills Gap with the MyTXCareer App
lightcast.io
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“The labor market has to be giving the Fed fits. They clearly want to drop the interest rate but you can't feel great about that until the labor market loosens enough that enough slack exists to absorb immediate pay inflation if a war for talent resumes in earnest.” - Ron Hetrick Hear more from Ron via his interview with Marketplace >> https://lnkd.in/e2DXisyY #futurereadyworkforce #labortrends
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