For years, parents and high school students have relied on college rankings that only tell part of the story. What’s missing is an estimation of how well schools are preparing graduates for today’s workforce.
According to data from the U.S. Bureau of Labor Statistics (BLS), colleges and universities are failing in this regard. More than 6 million jobs are going unfilled due to a dearth of qualified candidates, despite an annual overall $1.1 trillion investment in post-secondary education.
Newsday highlights findings from Randstad Sourceright’s 2017 Talent Trends survey of C-suite and HR executives, where 80% said that the skills gap will have a negative effect on their business this year. This reality is widely viewed as unsustainable, requiring a “rethink” of how we evaluate higher education in terms of building a talent pipeline for the future.