Obama Announces New Initiative For Fast-Tracking Tech Workforce

Obama Announces New Initiative For Fast-Tracking Tech Workforce

Fast Company Fast Feed Obama Announces New Initiative For Fast-Tracking Tech Workforce A new initiative called TechHire could change the way the tech industry recruits, hires, and trains workers. In an announcement today, President Barack Obama introduced a new initiative focusing on the technology sector as a solution to the country's stalled wages. Called TechHire, the program includes commitments from 300 employers—including Google, Microsoft, and Goldman Sachs—as well as local governments in 20 regions to encourage, train, and hire for new tech positions. The average salary in information technology is 50% higher than the average private-sector American job, according to the White House --and of the 5 million jobs open today, half a million are in software development, network administration, and cybersecurity. Although the job-creation streak of the last year has moved at a clip of more than 200,000 jobs per month, the needle for the national wage average has barely moved.

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