General Assembly CEO Schwartz Teaching Tech to Battle Unemployment

NEW YORK (TheStreet) --Anybody fresh out of college can tell you what a nightmare it is trying to find a job. While you learned most of the skills you'd need during your college years, job seekers will often find they are missing one or two critical skills needed to land that perfect position.

General Assembly is a company that teaches individuals a variety of in-demand skills including design and programing. Company CEO and co-founder Jake Schwartz appeared on CNBC's "Squawk Alley" on Thursday to discuss General Assembly's growth and how the company is addressing certain aspects of unemployment in the U.S.

"The unemployment that we're really addressing is the incredible talent and skills gap between the skills that employers need to transition their businesses to the 21st Century digital economy" Schwartz said.

This is versus overall unemployment, which Schwartz says takes a lot more into account.

"We see really a secular trend of demand for design skills, development skills, data skills are exploding. If you look at those secular trends, I think they really over power any kind of cyclical movement," Schwartz added.

General Assembly takes students that have just graduated from college and are looking to upgrade or completely change their career trajectory. The company looks at itself as a "mini graduate school."

Most of the students come in with strong critical thinking skills and are liberal arts trained that are looking for "that last mile of actual practical skills that will allow them to add value in the work force," Schwartz said.

Schwartz is seeing strong demand for data skills, such as analytics and data science. Demand for those jobs is growing at around 300% over the last three years, according to Schwartz.

General Assembly is growing as it expands to 10 new cities this week, including Brooklyn, Dallas and San Jose. The company was founded in New York City in 2011.

If you liked this article you might like

15 Foods to Avoid if You Have High Cholesterol

15 Foods to Avoid if You Have High Cholesterol

Dunkin' Donuts May Drop the 'Donuts' From Its Name, but Not Until 2018

Dunkin' Donuts May Drop the 'Donuts' From Its Name, but Not Until 2018

'Pharma Bro' Shkreli Doesn't Let Twitter Bans Stop Him During Trial

'Pharma Bro' Shkreli Doesn't Let Twitter Bans Stop Him During Trial

Wells Fargo Shares Slide on Possibility of More Unauthorized Accounts

Wells Fargo Shares Slide on Possibility of More Unauthorized Accounts

Trivago Stock Slumping on Surprise Quarterly Loss

Trivago Stock Slumping on Surprise Quarterly Loss