Skills, Not Seats: JPMorgan’s Jamie Dimon Urges Employers to Bridge the Talent Gap

JPMorgan Chase CEO Jamie Dimon is sounding the alarm: the real business bottleneck isn't a shortage of employees, but a shortage of skills. Speaking at the Business Roundtable's CEO Workforce Forum, Dimon urged business leaders to go out into the schools themselves and invest in education pipelines to stock the growing skills gap, especially among younger workers.

 

Key Highlights:

 

Critical Skills in High Demand: The highest demand critical skills in the workforce today are cybersecurity, coding, programming, project management, and financial literacy, Dimon says.

 

Immediate Call for Education Reform: He urged companies to work with schools to combine job-ready credentials with fundamentals so that students would be graduating with real-world, job-ready skills.

 

Economic Impact: The recurring difficulty in filling available work with appropriate candidates threatens economic innovation and growth, and global estimates suggest that 10 million jobs in 2030 will go unfilled due to a lack of appropriate workforce.

 

Beyond Technical Competence: Dimon also emphasized the importance of professionalism, organization, and communications--abilities employers are increasingly looking for beyond technical competence.

 

Prospects:

 

With the speed of technological change and AI redefining the character of work, Dimon's call is referencing an urgent need for continuous upskilling, more collaboration between educators and employers, and a dual focus on technical and soft skills to equip the workforce of tomorrow for what lies ahead.

 

Source: Mint