New Research Reveals the American Workforce is Facing a “Great Talent Stagnation”
The 2024 Career Optimism Index® study Found that 78% of Americans are Hopeful About the Future of Their Career Despite Feeling Stagnant in Current Role
The last year of layoffs, strikes, and economic uncertainty has caused tension for American workers. According to the newly released Career Optimism Index® study, more than half of Americans report feeling easily replaceable in their job position. Meanwhile, 44% of employers say their top challenge to finding talent in the past year is a lack of well-qualified applicants.
These findings indicate that employers are overlooking potential within their existing workforce, who report a desire for career advancement and acquiring new skills.
John Woods, Ph.D., provost and chief academic officer at University of Phoenix is available to discuss key findings from the Index and the shift from The Great Resignation to The Great Talent Stagnation. He'll talk about how employers can develop dynamic talent they need from within, and how workers can combat stagnation within their careers.
John Woods, Ph.D. is provost and chief academic officer of University of Phoenix, responsible for further developing and fulfilling the University’s academic mission. He is charged with amplifying the University's high-quality, rigorous and career-relevant academic programs, while spurring innovation to help working adults move efficiently from education to careers. He leads a team of academic leaders and more than 2,400 faculty practitioners with applied experience in the disciplines they teach. His office defines student learning outcomes that align with employer expectations, and with what students should know to improve their performance in today's competitive economy. Dr. Woods provides leadership for assessment of student learning, instructional innovation, faculty engagement, the student experience, accreditation, and institutional reporting. He also serves as the Executive Director of the Career Institute. Prior to joining University of Phoenix, Dr. Woods served as chief academic officer for over fifteen years at other institutions serving working adult learners. He began his career in higher education focusing on helping colleges and universities leverage technology for instruction with the Eduprise, Collegis and Deltak family of companies. In addition, Dr. Woods has several years of experience as an adjunct faculty member both online and in the classroom. Dr. Woods holds a Ph.D. in Higher Education Administration from Bowling Green State University, as well as a Master of Arts and Bachelor of Arts from Carleton University, and has served as a peer evaluator for the Higher Learning Commission.
John Woods, Ph.D., Provost and Chief Academic Officer
University of Phoenix
http://www.Phoenix.edu
WHHI Daily News Anchor: Robyn Zimmerman
April 2024
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