This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

NY Education, Business Leaders Tackling Skills Gap

The state Labor Department has projected a 135 percent increase in STEM-related computer and electronic product manufacturing jobs in the Albany area alone from 2008 to 2018, driven by the growing nanotechnology sector. STEM employees earn a median annual salary of $76,740, according to the Labor Department.

The state's unemployment rate, meanwhile, was 8.7 percent in October, compared to 7.9 percent nationally, or more than 12 million people. About 3 million U.S. jobs are unfilled, according to the U.S. Labor Department.

"We really feel that the data compels us to create much deeper and more effective partnerships between business and education," Litow, IBM's vice president of corporate citizenship and corporate affairs, said.

"We are very interested, and we believe others are as well, in creating these new innovative collaborations to prepare larger and larger numbers of young people for the kinds of jobs that exist," he said, "and that create the kind of growth opportunities to make the U.S. economy much more competitive."

Friday's conference takes place from 10 a.m. to 2 p.m. at the State Museum.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs