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– It’s St. Patrick’s day.
Happy St. Patrick’s day.
– Happy St.Patrick’s day.
It’s also my birthday, it’s every year.
– (man) Happy birthday, Rob.
– Can I hear a wooh?
Doing a little Guinness today, this is my first time doing a stout.
– (man) You’ve got this.
– I don’t know if you can zoom on the action.
– (man) Cool.
It’s kind of a little magic right there.
So today let’s talk about why it’s so hard to connect people education and work, and let’s also show how data can help us turn this complex problem into something that’s a lot more clear, concrete and objective.
(laughs) Just cut.
You get one chance.
Today’s labor market is built on human capital, people.
The labor market is shaped by people constantly trying to find the right work, and the work trying to find the right people.
But why is it so hard for them to find each other?
It’s not like we have villains running around trying to stop people from getting jobs.
So why hasn’t someone just built the app already, sort of like E-harmony for the labor market, because the problem is a lot more complicated than it seems.
And it all goes back to the way the modern economy has developed, combined with the fact that despite all of our amazing technology, people are often really disconnected and disoriented when it comes to finding the right work and opportunity.
Let me get some Guinness.
It’s still pales in comparison to drinking it in Ireland.
Here’s a simple thought experiment that helps us conceptualize the problem.
If you were a kid around the year 1900 and someone asked you what your family did for work, you’d say we own a farm, or we have a shop on main street.
The entire family was involved, but today things have changed in our highly prosperous, diverse, fast paced economy.
The home environment and the work environment are super disconnected.
Our modern economy has essentially created two different cultures home and work.
The home is a place of rest and leisure.
The office is where you make money.
As a result kids struggle to explain what their parents do for work.
And many young people aren’t really exposed to work until like their mid twenties to make it even more complex.
Let’s throw in education.
Today education is seen as a way to gain knowledge and skills that can be used to communicate and demonstrate your ability to enter the world of work.
And education has its own unique language, and it’s also often very far away from both the home and work like people go away to college.
So the problem boils down to this.
We actually have three very different spheres we are trying to align.
People, education and work, and the people in each one of those fears, often feel bewildered, and don’t know where or how to start.
(puts glass down)
The solution isn’t merely to go back to the olden days.
The solution is to create better ways to inform and connect these spheres.
This is why data is so important.
We use data about each sphere to draw people, education to work closer together.
Data on people.
We use resumes and profiles to understand people’s various skills and backgrounds.
Data on work.
We look at job postings to understand the kind of people that businesses need to hire.
Data on higher education.
We look at curriculum to understand the knowledge and skills that schools are teaching their students and where these skills fit into the labor market.
We are creating a common language that they can use to speak to each other.
And if we can improve this and make it easier for people education and work to connect, well it creates economic prosperity for all parties involved.
So there you have it.
People find the right work, work finds the right people, and educators and other public sector pros, that help create these matches benefit too, win, win, win, win.
We all win.
So there you have it, Happy St. Patrick’s day, week, because it’s Friday.
Thanks for joining us.