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The 2024 Career Optimism Index® Study Highlights Shift from The Great Resignation to a Great Talent Stagnation – and How Employers Can Break Through

Retrieved on:

Tuesday, April 2, 2024

This year's Index, the fourth consecutive year it has been fielded, reveals that workers and employers are facing a critical moment of talent stagnation in the workplace.

Key Points:

This year's Index, the fourth consecutive year it has been fielded, reveals that workers and employers are facing a critical moment of talent stagnation in the workplace.
View the full release here: https://www.businesswire.com/news/home/20240402915055/en/
Highlights from University of Phoenix's Career Institute® 2024 Career Optimism Index®, a comprehensive study examining the state of American workers' career trajectories and sentiments about the future of their job and career opportunities.
Meanwhile, 44% of employers say their top challenge to finding talent in the past year is a lack of well-qualified applicants.
For more information about the University of Phoenix Career Institute® and the complete Career Optimism Index® Study, visit www.phoenix.edu/career-institute .

Early-Stage Workforce Venture Fund Announces $15M First Close

Retrieved on:

Thursday, April 4, 2024

University, JFF, ACE, Partnership, Education, Climate, Employment, Policy, American Council on Education, Investment, Workforce, American Council

BOSTON, April 4, 2024 /PRNewswire/ -- JFFVentures, an impact fund strategically aligned with the nonprofit Jobs for the Future (JFF), announced the first close of its second fund today. With a target of $50 million, JFFVentures Fund II will back founders with lived experiences who are building innovative HR, education, and workforce solutions that enable economic mobility for workers in middle to low-wage jobs.

Key Points:

"It's because of this belief that the Workday Foundation is proud to partner with JFFVentures and support its second fund.
At Workday, creating a more diverse and inclusive workforce is a key priority to us, and as part of that, we look forward to seeing the opportunities and results of this fund."
JFFVentures' inaugural fund made 55 investments in category leading companies like Cell-Ed, ChargerHelp, Factory Fix, AdeptID, Climb Credit, and Nepris (later acquired by Providence Strategic Growth Fund).
As a result, 84% of founders backed by the fund identified as under-represented within the venture capital space.

The 2024 Career Optimism Index® Study Highlights Shift from The Great Resignation to a Great Talent Stagnation - and How Employers Can Break Through

Retrieved on:

Tuesday, April 2, 2024

College, Organization, Growth, Learning, JFF, Partnership, Mental health, Research, University, University of Phoenix, Provost, Workforce, Doctor, Optimism, Workplace, Career, Motherly, Management

PHOENIX, April 2, 2024 /PRNewswire/ -- Today the University of Phoenix Career Institute® released its 2024 Career Optimism Index®, a comprehensive study examining the state of American workers' career trajectories and sentiments about the future of their job and career opportunities. This year's Index, the fourth consecutive year it has been fielded, reveals that workers and employers are facing a critical moment of talent stagnation in the workplace.

Key Points:

PHOENIX, April 2, 2024 /PRNewswire/ -- Today the University of Phoenix Career Institute® released its 2024 Career Optimism Index®, a comprehensive study examining the state of American workers' career trajectories and sentiments about the future of their job and career opportunities.
This year's Index, the fourth consecutive year it has been fielded, reveals that workers and employers are facing a critical moment of talent stagnation in the workplace.
Meanwhile, 44% of employers say their top challenge to finding talent in the past year is a lack of well-qualified applicants.
For more information about the University of Phoenix Career Institute® and the complete Career Optimism Index® Study, visit www.phoenix.edu/career-institute .

New Survey Finds 80% of Employers Believe Increased Access to Funding and Information Are Needed to Create More Green Jobs

Retrieved on:

Tuesday, March 5, 2024

Education, Growth, Government, JFF, Ares, Climate change, Burning glass, Knowledge, Workforce, Environment, Face, Renewable energy

BOSTON, March 5, 2024 /PRNewswire/ -- While nearly 90 percent of small and medium-sized employers say that businesses have a role to play in protecting the environment, more than 40 percent of employers in a new survey commissioned by national workforce nonprofit Jobs for the Future (JFF) say they are unsure how the creation of more green jobs and skills will impact their business. Over 80 percent of all employers agree that more resources like access to funding and information would help their businesses create more green jobs, while nearly 90 percent say regional efforts are somewhat important.

Key Points:

Over 80 percent of all employers agree that more resources like access to funding and information would help their businesses create more green jobs, while nearly 90 percent say regional efforts are somewhat important.
The green economy is projected to create an estimated 9 million new U.S. jobs over the next decade.
Over 80 percent of employers agree that more resources like access to funding and information on helping employees transition to green jobs would help amplify awareness of their businesses and create more green jobs.
And nearly 9 in 10 employers say that collaboration with other businesses in their region will be helpful to create more green jobs.

JFF Awarded $15M by U.S. Department of Education to Increase Access to High Quality Dual Enrollment Courses for Young Adults

Retrieved on:

Thursday, February 15, 2024

Innovation, IDEAS, Student, JFF, Faculty, EIR, Workforce, Partnership, Nursing

BOSTON, Feb. 15, 2024 /PRNewswire/ -- Jobs for the Future (JFF), a national nonprofit driving transformation in the U.S. workforce and education systems, today announced that it has been awarded $15 million in funding from the U.S. Department of Education to increase access to high quality dual enrollment courses for high school students. The grant is part of $277 million in funding awarded by the Biden-Harris Administration to advance educational equity and innovation through the Education Innovation and Research (EIR) grant program.

Key Points:

With funding from the Education and Innovation Research grant program, JFF will expand access to dual enrollment courses for high school students through new community college hubs
BOSTON, Feb. 15, 2024 /PRNewswire/ -- Jobs for the Future (JFF), a national nonprofit driving transformation in the U.S. workforce and education systems, today announced that it has been awarded $15 million in funding from the U.S. Department of Education to increase access to high quality dual enrollment courses for high school students.
"Some of the most compelling research indicates that students who participate in dual enrollment programs have a higher likelihood of receiving degrees after high school.
They're also more likely to get into four-year colleges," said Joel Vargas, vice president of the Education practice at JFF.
"It's time we directly address the persistent challenges in ensuring equal access to dual enrollment programs for young people—an essential focus of the IDEAS project."

Parents and Educators Voice Support for Nondegree Pathways After High School but Want Better Information on Quality Options

Retrieved on:

Tuesday, February 6, 2024

Policy, Parent, Child, Ecosystem, Generation Z, American Student Assistance, JFF, Gen, Learning, Education, Student, ASA, Nursing

BOSTON, Feb. 6, 2024 /PRNewswire/ -- A new survey commissioned by American Student Assistance (ASA) and Jobs for the Future (JFF) finds that both parents and educators lack sufficient information about the range and quality of education to career pathways available to young people today. The survey and accompanying white paper, Beyond Degrees, finds nearly 90% of parents are interested in learning more about nondegree pathways for their children, and two in five want schools to start advising students about their postsecondary options as early as middle school.

Key Points:

"This survey underscores the need to integrate information about pathways earlier in students' educational journeys and provide families and educators with a clear picture of the outcomes of nondegree programs."
In a previous surv ey by ASA and JFF, Gen Z high school graduates shared a growing interest in nondegree education and training programs.
Both parents and educators want students to have greater exposure to postsecondary educational options before high school.
Nearly 50% of educators said they think the information and guidance about nondegree pathways that their high school provides to students are not enough.

Markle President Beth Cobert Announces Departure from Foundation; Board Announces Interim Leader

Retrieved on:

Thursday, January 11, 2024

JFF, Chairperson, Foundation (nonprofit), Policy, Natural history, Government, Interim, Markle Foundation, American Museum, Public sector, Entomology, Administration, Education, Barnard College, Management

The Board has announced that it has begun its search for a new President, and that Ellen V. Futter, former President of the American Museum of Natural History and of Barnard College, will serve as Markle's Interim President.

Key Points:

The Board has announced that it has begun its search for a new President, and that Ellen V. Futter, former President of the American Museum of Natural History and of Barnard College, will serve as Markle's Interim President.
"When I joined the Markle Foundation, my mission was to make a measurable impact on improving access to economic opportunities for millions of Americans," said Cobert.
I'm so proud of and thankful to the Markle Foundation team, our partners, and the Markle Board for our work together over the years."
"On behalf of the Markle Board, I want to thank Beth for her enormous contributions and dedicated years of service to the Markle Foundation," said Suzanne Nora Johnson, Board Chair.

Infisign Showcases Successful Interoperability for Verifiable Credential Issuance and Verification

Retrieved on:

Friday, November 17, 2023

Plugtest, IAM, Hope, Privacy, Access management, Learning, Identity management, Identity, USCIS, Verifiable credentials, Future, JFF, Cryptocurrency

The event focused on demonstrating advanced interoperability for Verifiable Credential (VC) issuance and verification, leveraging W3C standards and Decentralized Identifiers.

Key Points:

The event focused on demonstrating advanced interoperability for Verifiable Credential (VC) issuance and verification, leveraging W3C standards and Decentralized Identifiers.
At JFF PlugFest, Infisign showcased various verifiable credentials, including an OBv3 badge and a USCIS document, with detailed issuer and achievement information.
Sharon Leu, Executive in Residence at JFF Labs , commented, "Companies, like Infisign, that participated in Plugfest 3 work to move interoperability forward.
We applaud Infisign's commitment to using decentralized identifiers and verifiable credentials to give control and privacy to the users."

Jobs for the Future Announces $20 Million Donation from MacKenzie Scott

Retrieved on:

Wednesday, November 8, 2023

BOSTON, Nov. 8, 2023 /PRNewswire/ -- Jobs for the Future (JFF), a national nonprofit that drives transformation of the U.S. education and workforce systems, today announced a $20 million donation from philanthropist MacKenzie Scott. This gift will launch JFF's new $60 million fundraising campaign to accelerate its North Star goal: in 10 years, 75 million people facing systemic barriers to advancement will work in quality jobs.

Key Points:

BOSTON, Nov. 8, 2023 /PRNewswire/ -- Jobs for the Future (JFF), a national nonprofit that drives transformation of the U.S. education and workforce systems, today announced a $20 million donation from philanthropist MacKenzie Scott.
This gift will launch JFF's new $60 million fundraising campaign to accelerate its North Star goal: in 10 years, 75 million people facing systemic barriers to advancement will work in quality jobs.
"We are tremendously grateful to MacKenzie Scott for her extraordinary gift and recognition of JFF's commitment to equitable economic advancement for all," said Maria Flynn, president and CEO of JFF.
"This donation will support the systems change needed to help millions of people who are shut out of quality jobs and the chance for a better life.

Tear the Paper Ceiling Gains Momentum As It Celebrates First Anniversary

Retrieved on:

Wednesday, November 1, 2023

In the first year of the initiative, Tear the Paper Ceiling corporate partners collectively opened up more than 34,000 jobs to STARs.

Key Points:

In the first year of the initiative, Tear the Paper Ceiling corporate partners collectively opened up more than 34,000 jobs to STARs.
“The past year is only the beginning of a national effort to tear the paper ceiling.
Most importantly, Tear the Paper Ceiling coalition corporate partners are actively working to create more opportunities for STARs at their own companies.
SkyHive has integrated its AI-powered skills software with fellow Tear the Paper Ceiling Coalition member Workday’s Human Capital Management and Skills Cloud solutions.