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|Articles - May 2013|
|Monday, April 29, 2013|
Page 4 of 4
Some of the largest shifts in education aimed at better preparing the future workforce are taking place not at the district or industry level, but all the way up at the state level. In 2011 Gov. Kitzhaber, with the support of educators, businesspeople and lawmakers, passed a series of educational reforms, including the 40-40-20 goal, which aims by 2025 to have 40% of Oregonians attaining a bachelor’s degree or higher,
“We believe that goal broadly reflects the type of workforce that will be required in 2025, and that will help drive the state economy by then,” says Ben Cannon, a former teacher who now serves as Kitzhaber’s education policy advisor.
At present, Cannon says about 29% of Oregonians reach the first 40% goal and earn a four-year degree; only about 19% attain the middle 40%, which often comprises two-year degrees or technical certificates in STEM-related fields.
“That’s where we have to do the most work,” says Ryan Deckert, president of the Oregon Business Association, which worked closely with lawmakers on implementing the recent reforms.
Achieving 40-40-20, Cannon says, will at first take two major pushes: one to seamlessly connect all points along the pre-K through 20 learning continuum, and another having the state play a more active role in strategically investing education dollars. “We should be a more active investor,” he says, noting that the co-chairs’ proposed general fund education budget for the 2013-15 biennium was just under $8.5 billion. In Kitzhaber’s version of that budget, the state would invest in several specific outcomes — reading by third grade, for example — and at least $14 million to help improve students’ career readiness, particularly in STEM programs.
Similarly, Oregon Labor Commissioner Brad Avakian has requested $20 million to improve or help start new vocational education programs at up to 70 schools around the state. “Investment in STEM is designed to respond to very specific workforce needs, so we are moving in that direction,” Cannon says.
That movement ultimately aims to help grow the greater economy — and to address anxieties about Oregon, and American, competitiveness in an era characterized by waning education funding, the loss of traditional manufacturing jobs and the expansion of tech-oriented economies in China and India. To that end, the growing obsession with STEM education is part of a larger cultural narrative about the nation’s decline and possibilities for rebirth.
An increased focus on STEM and CTE programs won’t solve all the state’s economic challenges. But it will help students of all learning styles and interests find meaningful career pathways, while ensuring major Oregon employers such as Leatherman, Digimarc and PCC Structurals will be able to find the skilled workers they need right here. And although many claim the current reforms and level of investment don’t go far enough, the big-picture goals of more rigorous education — STEM and otherwise — enjoy widespread support.
“As the governor has put it, you can go in a circle of prosperity or you can circle down the drain,” Deckert says. “The way we’re heading with education, we’re hoping to keep everyone on the prosperity initiative.”
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Wednesday, August 19, 2015
BY CHRIS NOBLE
Oregon is home to an abundance of gritty warehouses reborn as trendy office spaces, as well as crafty hipsters turned entrepreneurs. Does the combination yield an equally bounteous office products sector? Not so much. Occupying the limited desk jockey space are Field Notes, a spinoff of Portland’s Draplin Design Company, and Schuttenworks, known for whittling Apple device stands. For a full complement of keyboard trays, docking stations and mouse pads, check out the GroveMade line, guaranteed to boost the cachet of even the lowliest cubicle drone.
Friday, July 10, 2015
BY JOE CORTRIGHT
The false promise of economic impact statements.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Tuesday, July 28, 2015
BY JASON NORRIS
Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.
Wednesday, August 19, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
One of the hottest new investment trends has proven quite lucrative for some companies.
Thursday, August 20, 2015
BY JACOB PALMER
Ask any college student: Textbook prices have skyrocketed out of control. Online education startup Lumen Learning aims to bring them down to earth.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.