1. STEM Outreach: Fall 2017 Brief Gary J. Beach Garybeachcio@gmail.com
@gbeachcio

2. Agenda
Big Picture
IT Labor Situation
Action Needed
Consequences

3. 255,000,000
(16-64)
Source: BLS October 2017

4. 161,000,000 Employed
Source: BLS, October 2017

5. 94 M Not Participating
(Lowest Participation Rate Since 1979)

6. 6,801,000 Unemployed
Source: BLS, October 2017

7. 6,100,000 “Open” Jobs
Source: BLS, October 2017

8. Skills Gap Debate

9. Anemic Job Growth

10. Meager Wage Growth

11. ”Zombie issue that should be killed.”
Nobel Laureate Economist Dr. Paul Krugman

12. Are You Too Selective?

13. Are The Skills There?

14. U.S. Adults Also Lag
Source: OECD, December 2015

15. Annual GDP Productivity Hit
of $160 Billion

16. $438 Million A Day

17. The IT Market

18. A “Worrisome” Issue

19. Shortfall of 1,800,000
IT Jobs By 2022

20. Market must create 954 new
IT jobs every day until 21/31/22

21. Toughest Jobs to Fill

22. Skills That Matter.

23. IT Jobs Open 90+ Days
553,000

24. 4th Industrial Revolution

25. “Not exactly clear where humans will fit in.”
Professor Erik Brynjolffson, MIT IDE

26. Action Needed.

27. Start Early

28. Super Grover!

29. Get Involved/Local

31. Rebrand Yourself

33. No Resumes.

34. Create Perfect Candidate

35. Are You Guilty Of
Overcredentialing?

36. Go back to school.

37. Embrace apprenticeship &
Intership Programs

38. Be diverse.

39. Consequences.

40. Yuasa’s Phenomenon

42. New Competition

43. “Talentism is the New Capitalism.”
Dr. Klaus Schwab, Founder, World Economic Forum

44. “Grow People”

45. Thank you.