Lightcast

UNCF Institute for Capacity Building Announces Recipients of 2023-2024 Faculty Research Mini-Grant Programs

Retrieved on: 
Montag, April 8, 2024

ATLANTA, G.A., April 08, 2024 (GLOBE NEWSWIRE) -- UNCF’s (United Negro College Fund) Institute for Capacity Building (ICB) is pleased to announce the recipients of the 2023-2024 Faculty Research Mini-Grant programs, sponsored by Kroger, Lightcast and Michelson Institute for Intellectual Property.

Key Points: 
  • ATLANTA, G.A., April 08, 2024 (GLOBE NEWSWIRE) -- UNCF’s (United Negro College Fund) Institute for Capacity Building (ICB) is pleased to announce the recipients of the 2023-2024 Faculty Research Mini-Grant programs, sponsored by Kroger, Lightcast and Michelson Institute for Intellectual Property.
  • These mini-grant opportunities were presented at the UNCF UNITE 2023 conference, marking a significant step towards fostering faculty research, professional development and strategic partnerships.
  • This investment by Kroger/UNCF will support research and capacity building efforts to investigate its root causes and propose interventions.
  • If you are interested in sponsoring a faculty research mini-grant for the 2024-2025 program, go to UNCFunite.org .

UKG, Lightcast Announce Strategic Partnership to Elevate Skills with AI

Retrieved on: 
Montag, März 25, 2024

UKG , a leading provider of HR, payroll, workforce management, and culture solutions for all people, today announced a strategic partnership with Lightcast , a global leader in labor market analytics, to accelerate the transformation of skills development and workforce planning through artificial intelligence (AI).

Key Points: 
  • UKG , a leading provider of HR, payroll, workforce management, and culture solutions for all people, today announced a strategic partnership with Lightcast , a global leader in labor market analytics, to accelerate the transformation of skills development and workforce planning through artificial intelligence (AI).
  • Lightcast delivers an industry-leading collection of skills data.
  • The partnership will help all employees — though especially those working in frontline positions — with the opportunity to explore and accelerate their own career paths based on current skills and future aspirations.
  • We analyze workforces across global markets, offering a real-time look into the dynamic labor market and changing skills landscape,” said JP Moran, executive vice president of enterprise at Lightcast.

Technology's growing impact on Canada’s workforce and economy detailed in new CompTIA report

Retrieved on: 
Mittwoch, November 29, 2023

All provinces are projected to see an increase in tech employment this year, with nearly 60% of growth in the Toronto, Montreal and Vancouver metro areas.

Key Points: 
  • All provinces are projected to see an increase in tech employment this year, with nearly 60% of growth in the Toronto, Montreal and Vancouver metro areas.
  • The Toronto metropolitan area has the highest concentration of technology workers as a percentage of its overall workforce (10.3%), well above the national benchmark (6.6%).
  • CompTIA’s “State of the Tech Workforce Canada” provides an in-depth look at employment, economic impact, technology trends, salaries, hiring activity and more across the provinces and metropolitan areas of Canada.
  • The report draws upon a number of data sources including Lightcast, Canadian government statistics (StatsCan), CompTIA and others.

New Digital Dashboard Empowers Businesses, Policymakers to Make the Shift to Skills-First Talent Practices

Retrieved on: 
Freitag, November 17, 2023

These visualizations provide business leaders and government decision-makers with actionable insights to inform the shift to skills-first hiring and talent management.

Key Points: 
  • These visualizations provide business leaders and government decision-makers with actionable insights to inform the shift to skills-first hiring and talent management.
  • The launch of Stellarsight builds upon growing interest in skills-first talent practices from both the public and private sectors.
  • “It’s heartening to see more companies and states embrace the potential of STARs to build a stronger and more inclusive labor market.
  • That’s what Stellarsight is designed to do: provide the insight and information needed to translate our shared vision into the reality of an economy that works for everyone.”

Unfilled Jobs Are Costing the Economy over $1 Trillion a Month

Retrieved on: 
Donnerstag, November 16, 2023

Therefore, if every new open role was filled in one month, nearly a trillion dollars would be added to the economy.

Key Points: 
  • Therefore, if every new open role was filled in one month, nearly a trillion dollars would be added to the economy.
  • “If anything, I hope our new research today pushes the other 49% to do the same, but now,” adds Spigelman.
  • More specifically, jobs in the Computer & Math category, such as Software & Web Developers, System & Security Analysts, and Database & Network Architects, cost over $120 billion per month.
  • Unfilled jobs cost companies real money; there should be a much higher sense of urgency than many companies seem to have,” adds Hetrick.

New Research Shows IT and Emerging Tech Skills Are Needed to Support Up to 10 Million Open U.S. Jobs

Retrieved on: 
Donnerstag, November 30, 2023

Additionally:

Key Points: 
  • Additionally:
    CET-enabled job ecosystem—those within the realm of jobs that are enabled by the skills that CET offers—accounted for 15% of the total U.S. labor market job demand in the latest 12 months of data availability.
  • On average, CET-enabled demand is projected to grow between 11-12 percent in the next five years.
  • For example, the average salary premium for Internet of Things (IoT) is $15,880, and for cloud, it is $14,348.
  • The average salary premium for the ITCA certification is $1,200 but can increase to $27,000 for specific skills such as DevSecOps.

Employ Prince George's Opens Doors to New Building Trades Career Center

Retrieved on: 
Freitag, Dezember 8, 2023

The center will offer career coaching, job readiness training, and be home to training programs and apprenticeships for all unions within the building trades.

Key Points: 
  • The center will offer career coaching, job readiness training, and be home to training programs and apprenticeships for all unions within the building trades.
  • This will be the first affiliated American Job Center to open inside of a building trades union in the United States.
  • The Building Trades Career Center will serve as a principal training and career development location for Employ Prince George's construction and infrastructure workforce development initiatives, spearheaded by the nationally recognized Construction Works Program (CWP) and Apprenticeship Innovation Program (AIP).
  • Walter Simmons, President and CEO of Employ Prince George's, expressed his excitement, stating, "The opening of the Building Trades Career Center marks a significant milestone for the Prince George's County Public Workforce System and the Prince George's County economy".

Global Labor Market Analytics Firm Validates American College of Education's Commitment to Student ROI

Retrieved on: 
Mittwoch, November 15, 2023

INDIANAPOLIS, Nov. 15, 2023 /PRNewswire/ -- Global labor market analytics firm, Lightcast, recently conducted an independent study which revealed that American College of Education® (ACE) programs provided a strong return on investment (ROI) to students.

Key Points: 
  • INDIANAPOLIS, Nov. 15, 2023 /PRNewswire/ -- Global labor market analytics firm, Lightcast , recently conducted an independent study which revealed that American College of Education® ( ACE ) programs provided a strong return on investment (ROI) to students.
  • The study also revealed that the average tuition payback period was 11 months, as opposed to 10 to 30 years at traditional institutions .
  • "Lightcast's significant student ROI study validates our relentless focus on creating value for our students," ACE President and CEO Geordie Hyland said.
  • "From the college's origin, students have always been at the forefront, and our goal is to continue to maintain and grow strong student returns on investment."

KKR Closes $2.8 Billion Global Impact Fund II

Retrieved on: 
Montag, November 6, 2023

KKR, a leading global investment firm, today announced the final closing of KKR Global Impact Fund II (“GIF II” or the “Fund”), a $2.8 billion fund dedicated to investing in companies whose products and services contribute measurable progress toward the United Nations Sustainable Development Goals (“SDGs”).

Key Points: 
  • KKR, a leading global investment firm, today announced the final closing of KKR Global Impact Fund II (“GIF II” or the “Fund”), a $2.8 billion fund dedicated to investing in companies whose products and services contribute measurable progress toward the United Nations Sustainable Development Goals (“SDGs”).
  • The Fund is the successor fund to the first KKR Global Impact Fund.
  • “We launched KKR Global Impact in 2018 because we saw an opportunity to invest behind proven companies that deliver scalable, commercial solutions to global problems,” said Robert Antablin, KKR Partner and Co-Head of KKR Global Impact.
  • For example, analysis by KKR Global Impact portfolio company Lightcast found that the skills requested for the average U.S. job have changed 37% since 2016, requiring a significant acceleration of upskilling1,” said Ken Mehlman, KKR Partner and Co-Head of KKR Global Impact.

New CyberSeek data demystifies career opportunities in cybersecurity

Retrieved on: 
Montag, Oktober 16, 2023

WASHINGTON, Oct. 16, 2023 /PRNewswire/ -- Cybersecurity employment opportunities numbering in the hundreds of thousands and at all career stages are available across the country, according to the latest update from CyberSeek™, the most comprehensive source of information on the U.S. cybersecurity workforce.

Key Points: 
  • WASHINGTON, Oct. 16, 2023 /PRNewswire/ -- Cybersecurity employment opportunities numbering in the hundreds of thousands and at all career stages are available across the country, according to the latest update from CyberSeek™ , the most comprehensive source of information on the U.S. cybersecurity workforce.
  • Data released today to kick off Cybersecurity Career Week shows the labor market for cybersecurity talent remains undersupplied, with approximately 315,000 more workers needed to close current supply gaps.1 An estimated 1.1 million people currently work in cybersecurity jobs across the country.
  • "Managing cybersecurity risks remains a top priority for enterprises within the public and private sectors," said Rodney Petersen, director of NICE.
  • "During Cybersecurity Career Week, we challenge employers from all sectors to promote career opportunities in cybersecurity to individuals of all ages and from diverse backgrounds, and we invite students, career seekers and employees to explore cybersecurity as an exciting, rewarding and in-demand career opportunity."