Frank Britt

Frank Britt is the CEO of Penn Foster, a leading career-focused online and hybrid education institution that annually supports over 100,000 active students and 1,000 institutions nationwide. His mission is to create a national movement to better connect education, career pathways and job creation, and to promote affordable learning.
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Recent Posts

Penn Foster Graduates Take Their Next Career Steps in a Hot Job Market

Posted by Frank Britt on 6/8/18 10:26 AM

This past weekend’s Penn Foster Graduation Ceremony was, as always, one of the most moving days of the year for me.  And as I watched several hundred Penn Foster graduates leave the stage with diploma, certificate or degree in hand, I felt not only a great sense of optimism for them individually, but also for them as a group.  The reason? More so than in any of my prior six Penn Foster graduations, our graduates will be entering a job market anxious for credentialed learners that have already demonstrated the hallmarks of high potential professionals in terms of discipline, resilience, and commitment to growing investment in skills attainment.

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Topics: Penn Foster News & Events, graduation rates

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

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: Employers, Middle 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: Skills Gap, Industry News, Middle Skills Gap

February Job Report Signals an Even Stronger Reason to Tackle the Skills Gap

Posted by Frank Britt on 3/9/18 3:05 PM

One of the great things about our country is that we are not just defined by what’s happened in the past, we’re also shaped by the possibilities of the future.  So, on a day that is the ultimate definition of the “present,” the monthly release of the Labor Department’s jobs report, I think we should celebrate – but only for a quick moment – the positive numbers and look ahead to what we can all do to make the jobs environment even better in that future we can still invent.

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Topics: Skills Gap, Upskilling, Industry News, Middle Skills Gap

The Troubling Erosion of Trust between Youth and Established Support Systems

Posted by Frank Britt on 5/30/17 9:00 AM

Across America, young adults are experiencing a macro erosion of trust towards established support systems. This trust deficit cuts across all income classes, but it is especially prevalent among youth in traditional institutions, and most acute in the school setting.

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Top Takeaways from ASU + GSV Summit 2017

Posted by Frank Britt on 5/15/17 6:15 PM

Last week, we were honored and thrilled to have participated in this year’s at-capacity ASU + GSV Education Technology Summit which assembled leaders from more than 400 of the world’s most important enterprise learning and talent companies to discuss education and technology innovations. It was inspiring to join the conversation on how we can build bridges between local and national organizations in order to address the skills shortage and improve worker employability and workforce effectiveness. I wanted to share my top takeaways from this incredibly energizing summit:

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Topics: Training, Skilled Trades, Skills Gap, Employers

Witnessing Innovation at the Spark Point

Posted by Frank Britt on 5/5/17 9:00 AM

Last weekend, I had the privilege and honor to be a guest judge for the Open Track of the President’s Innovation Challenge at the Harvard Innovation Labs. The Innovation Challenge aims to support Harvard students on their journeys to turn their desire for a
better world into a sustainable venture. Specifically, this year’s finalists are trying to solve social issues (equitability, sustainability, safety), to respond to the desperate need for innovation within the health and life sciences industry, and to innovate in other areas that
would help a cross section of industries such as computing.

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Topics: Higher Ed, Industry News

How Organizations of All Kinds Can Support High School Dropouts

Posted by Frank Britt on 8/25/16 1:01 PM

According to the U.S. Department of Education’s Trends in High School Dropout and Completion Rates in the United States: 1972-2012 published in 2015, the average high school dropout costs the economy approximately $250,000 over his or her lifetime. With the average life expectancy of 79 years, this equates to $4,166 as an annual cost to the economy. Employers, educators, and government organizations are making purposeful commitments to providing pathways for young people who have aged out of compulsory school to achieve their high school diploma and prepare for the workforce or higher education. Here we touch upon how myriad stakeholders can help these students that have typically aged-out of the traditional k-12 system - and why they’d want to.

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Topics: Employers, Youth Organizations, Colleges & Career Schools, Public & Private High Schools

How We Can Make CTE More Efficient and Effective - Part III, Filling the Middle Skill Jobs of Today and Tomorrow

Posted by Frank Britt on 6/14/16 11:00 AM

For many Americans, “higher education” still means a four-year degree. However, with unemployment hovering around 5.5 percent and with many students graduating from four-year institutions unable to find jobs, our perception of the costs and benefits of education needs to change. Degrees that prepare students for middle-skilled careers are often ignored or rejected, but education leaders need to realize that, as valuable as four-year degrees may be, they are not practical for every student, especially given that these students are saddled with an average of $26,600 of debt overall,1 and $32,700 when graduating from for-profit colleges.2

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Topics: High School Completion, Middle Skills Gap, College Enrollment & Retention

 

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