Amazon to retrain a third of its U.S. workforce

U.S. companies are increasingly paying up to retrain workers as new technologies transform the workplace and companies struggle to recruit talent in one of the hottest job markets in decades.

Amazon.com Inc. AMZN 0.50% is the latest example of a large employer committing to help its workers gain new skills. The online retailer said Thursday it plans to spend $700 million over about six years to retrain a third of its U.S. workforce as automation, machine learning and other technology upends the way many of its employees do their jobs.

Companies as varied as AT&T Inc., Walmart Inc., WMT 0.33% JPMorgan Chase & Co. and Accenture ACN -0.45% PLC have embarked on efforts to prepare workers for new roles. At a time of historically low unemployment, coupled with rapid digital transformation that requires high-tech job skills, more U.S. companies said they want to help their employees transition to new positions—and they have their bottom line squarely in focus.


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Workforce development priorities focus on drawing talent, educating for future needs

Kurt Loudenback knows what it’s like to have to hire dozens of people to keep a business growing. That’s what success has meant for Grand Prairie Foods, the company he and his wife, Valerie, have grown into a national provider of food products to the hospitality industry. About a year ago, there were 150 employees. Now, that number has grown to more than 200.


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Five 2019 workforce trends to know now

As important as it is to understand viable career paths for talent and workforce, it’s also essential to understand the talent and workforce landscape today. What trends will contribute to our workforce success within the Sioux Falls region in winning the competitive war?  Is there any truth to saying that “Home is Where the Heart is,” and, thereby, do our college graduates desire to build careers close to their families? Do we really understand what today’s talent wants and expects from the modern workplace?

As part of our efforts to implement the year three goals of the Forward Sioux Falls Strategic Workforce Action Agenda, it is important to stress what we know about talent and workforce today.


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Road to 2026: Best career advice for talent today and tomorrow

People are always asking for my advice on the best careers for their family members. While there’s no magic bullet when it comes to workforce, there’s one thing we know for certain: South Dakota and the rest of America will continue to experience change. Change comes in many different forms for workforce; there are social, economic, environmental, scientific and technological changes because of innovation. While there’s no crystal ball, we do know that areas related to science, engineering, mathematics and technology continue to turn innovative ideas into reality for job-seekers.


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