Job openings outnumber job seekers by a record gap, the Wall Street Journal reports today. There were a seasonally adjusted 7.45 million unfilled jobs at the end of April compared to 6.2 million Americans looking for work. With workers so much in demand, there exists a never-seen-before-in-our-lifetimes opportunity to increase social mobility.
Here in Virginia, contend John Broderick, president of Old Dominion University, and co-author Ellen J. Neufeldt, the commonwealth can kill two birds with one stone: meeting the demand for tens of thousands of unfilled technology jobs and helping lower-income Virginians climb out of poverty and near-poverty by equipping the disadvantaged with the skills required for those jobs. In a Richmond Times-Dispatch op-ed published today they write:
It is our obligation, particularly at public universities,” “to enhance social mobility for the students we serve. By removing barriers to higher education and preparing students for STEM-H jobs, institutions will not only increase economic opportunity and social mobility, but also ensure that the jobs of the future are filled by a well-educated, career-ready and diverse workforce.
From a high-altitude perspective, Broderick and Neufeldt make an excellent point and their ideas are well worth exploring. However, their analysis fails to account for the bottleneck in the school-to-college pipeline for lower-income students, especially African-Americans and Hispanics, and a naive application of their ideas could have unintended negative consequences. Continue reading