News on Unemployment Positive, but Let's Not Celebrate Yet

Posted by Frank Britt on 5/10/18 5:19 PM

More Needs to be Done to Help the Working Class

When the Labor Department released its latest snapshot of the unemployment rate last week, most people sat up and took notice. It’s hard not to note that the unemployment rate of 3.9% is the lowest it has been since 2000, which is a sign that the job market has become even more competitive.

While that number is no doubt positive – as it marks the continuing improvement of the economy – it falls short for us as a cause to celebrate just yet. There remain too many people on the side lines of employment, and even among those working in the tightest labor market in a generation, many are still seeing small wage hikes.

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Topics: Industry News, workforce training

Congratulations to New Penn Foster High School Grads from Chicago CRED!

Posted by Jake Sotir on 5/7/18 11:47 AM

On April 6th, friends and families gathered to watch their loved ones reach a significant milestone in their lives, as Chicago CRED welcomed its newest group of 27 high school graduates. Twenty-six men and the program’s first female graduate walked across the stage to receive their high school diplomas, taking an important step in their journey to make a difference in their communities and create better lives for themselves and for their families.

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Topics: High School Completion, At-Risk Youth, High School Diploma, online high school diploma

Meeting the Opportunity of the Solar Power Industry

Posted by Steve Copacino on 5/3/18 4:20 PM

The solar power industry is booming. Although legislative challenges still exist, the overall trajectory of the solar power industry is upward. Any company involved in residential or commercial electrical services or any power-related service should be keeping a sharp eye on this emergent industry.

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Topics: Employers, Skilled Trades

How to Measure the Impact of a Training Provider

Posted by Daniel Swimm on 4/26/18 10:35 AM

U.S. companies spent more than $7.5 billion on outside products and services for employee training in 2017, according to the 2017 Training Industry Report. And for good reason, training improves retention, drives productivity,  and closes skills gaps.

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Topics: Employers, Learning and Development, workforce training

How Demand for Middle Skills is Shaping the Labor Market

Posted by Frank Britt on 4/20/18 4:30 PM

5 Key Insights on the Future of the Labor Market

The ‘skills gaps’ is an acute issue, and is a natural byproduct of structural shifts in the economy. Three major factors are at play to create a job market unique in living memory. First, though the pattern of today generally matches prior generations, the pace of change is accelerating, and the nature of innovation is different.

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Topics: Middle Skills Gap, Employers

Industry in Review: Employer’s Increase Investment in Training & Development

Posted by Marie Murphy on 4/19/18 4:12 PM

The past couple of months have been a whirlwind for education, edtech, and workforce development, but one story has become increasingly prevalent: More and more companies have continued to invest in employee training, development, and education.

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Topics: Industry News, workforce training

The Importance of Upfront Training for New Front Line Supervisors

Posted by Marie Murphy on 4/19/18 9:48 AM

The time to train front line supervisors is now. In a piece published by Industry Today, Penn Foster's Head of Skilled Trades Division, Collin Gutman, explains the crucial need for front line supervisor training. While often selected to supervisor positions given their success as front line employees, Gutman shares how the skills needed by front line employee to supervisor aren't always aligned, making the transition both "bumpy and jarring." 

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Topics: Employers, Frontline Worker, Skilled Trades, workforce training

Penn Foster Partners with Tarheel ChalleNGe Academy to Transform the Lives of At-Risk Students 

Posted by Maribeth Gillen on 4/18/18 11:46 AM

I recently had the pleasure of travelling to beautiful New London, N.C. to watch 100 young adults, varying in age from 17 to 19, walk proudly across a stage in front of an audience of friends and family as they received their certificate of graduation from Tarheel ChalleNGe Academy – New London. Penn Foster partners with Tarheel ChalleNGe to offer an accredited high school diploma through the program; I was invited to the ceremony to help celebrate the achievements of the 22 students in the class who were also receiving their Penn Foster High School Diploma.

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Topics: Opportunity Youth, High School Equivalency, High School Diploma, national guard youth challenge

Dynamics of the Workforce Development Industry: An Interview with Frank Britt

Posted by Marie Murphy on 4/10/18 4:06 PM

The time has come to serve the middle skilled workforce in the United States. In an interview with Todd Hand of Boston Search Group, Penn Foster CEO Frank Britt explains the recent trends and future outlook for the workforce development industry. Highlighting the importance of upskilling and investing in the middle skilled, or “gray collar,” cohort of workers, Britt’s interview focuses on how organizations are finally becoming aware of this need for workforce development.

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Topics: Middle Skills Gap, Upskilling, Skills Gap

Workforce Participation: A Missing Link in Closing the Skills Gap

Posted by Frank Britt on 4/9/18 3:47 PM

How to Work Together to Encourage – and Better Train – Workers Sitting on the Side Lines of a Full Employment Economy

The Labor Department’s latest monthly jobs report, this one covering March 2018, was out on the street Friday. And frankly, not a lot has changed: the unemployment rate was 4.1 percent for the sixth consecutive month, and the number of unemployed persons, at 6.6 million, also did not budge much.
 
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Topics: Middle Skills Gap, Industry News, Skills Gap

 

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