San Francisco Skills Gap Report
High demand for middle-skill workers in the healthcare and finance industries
Unemployment remains high across the globe, yet recent data reveals that employers are having trouble finding workers in key sectors. As part of our five-year, $250 million New Skills at Work initiative, we are releasing a series of skills gap reports in nine metro areas in the United States, as well as in France, Germany, Spain and the UK. The reports focus on middle skills jobs – those that require a high school degree and technical training but not a BA diploma.
In May 2015, we released the San Francisco Skills Gap Report, which shows that the San Francisco Bay Area has rebounded from the recession with robust job growth and low unemployment, a highly educated workforce and thriving large employers.
It also shows that while the region is known for its dynamic technology sector, it also has several other fast-growing industries, including the healthcare and finance sectors, which provide strong middle-skill opportunities. The healthcare sector has impressive projected employment growth and solid career pathways and the finance sector offers a wide range of career pathways, including many cross-sector opportunities.
The report provides data and analyses that highlight middle-skill opportunities within the growing sectors of healthcare and finance — and recommends that Bay Area stakeholders should develop and implement regional strategies to strengthen the middle-skill sector, diversify the talent pipeline and close the opportunity gaps that prevent disadvantaged residents from accessing middle-skill jobs.
Learn more about the Skills Gap