The analysis by the Strada Institute for the Future of Work and Emsi, a labor market analytics firm, draws on broad data sets about supply and demand in job markets. It is designed to identify skills that matter most, describing "skill shapes" or unique demands in a career field, region or individual. The goal of this approach is to inform the design of more targeted postsecondary training programs, curricula and related microcredentials, the two groups said.
Strada Institute for the Future of Work: Understanding local workforce needs
Using regional skill shapes to build a better learning ecosystem
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When looking at compensation data, it’s important to take cost of living (COL) into account. Salaries feel different depending on where you live due to housing, groceries, utilities, transportation, healthcare, and more. For example, an impressive $133,000 software engineering salary in San Francisco only yields about $81,000 in buying power (aka the COL-adjusted salary). That’s a whopping $52,000 difference.
Last week was brutal for the U.S. media industry, with employers laying off about 1,000 journalists, according to CNN. Last week was brutal for the U.S. media industry, with employers laying off about 1,000 journalists, according to CNN.
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Human+ Skills for the Future of Work
Depending on who you ask, liberal arts graduates are either headed for a lifetime of serving coffee as a barista or are capable of doing absolutely anything. Most of these bold claims have little data underpinning them, so Strada Institute for the Future of Work joined forces with Emsi, a labor market analytics firm, to get some definitive answers.
We’re getting mixed messages about the outcomes of liberal arts graduates. Depending on who you ask, these graduates are either headed for a lifetime as a barista or are capable of doing absolutely anything. The answer lies somewhere in the middle.
Rob Sentz, the Chief Innovation Officer at Emsi, discusses the findings of the new report released by the Strada Institute for the Future of Work. This new report allows educators and education consumers to explore the outcomes of majors, such as humanities, social studies, and liberal arts, that are highly valuable in the workforce.