Great Jobs Within Our Reach: Solving the problem of Washington state's growing job skills gap
Washington state would gain 160,000 jobs, spread across many sectors of its economy, if it fills its job skills gap; generating $720 million in new state tax revenues annually. That is the conclusion of a new report from the Roundtable and The Boston Consulting Group. According to the research:
There are 25,000 “acute” unfilled jobs in Washington today – jobs that have been unfilled for three months or more due to a lack of qualified candidates. Eighty percent of these jobs are in high-demand health care and high-skill STEM (science, technology, engineering and math) disciplines such as computer science and engineering.
The gap is projected to grow by another 5,000 jobs per year, reaching 50,000 jobs, by 2017. Ninety percent of those openings will be in health care and STEM roles.
Due to the multiplier effect, filling the job skills gap will generate an additional 110,000 jobs in Washington across many sectors by 2017.
Filling the job skills gap would generate $720 million in annual state tax revenues and $80 million in local tax revenues by 2017.
View the full report.
Read the press release.
Learn what business and community leaders are saying.
- March 27, 2013