Corporations Over-Credentialing Job Openings, IBM's Rometty Says

The video discusses the importance of focusing on black Americans without four-year degrees due to structural barriers in hiring. A coalition of 37 companies aims to create 1,000,000 jobs over 10 years by re-evaluating hiring practices and focusing on skills rather than credentials. The coalition also addresses supply-side barriers by scaling sources of black talent. Key sectors include technology, healthcare, and advanced manufacturing. Additionally, Merck's vaccine and antiviral efforts are highlighted, emphasizing the need for diverse vaccines and continued public health measures.

Why is it important to focus on Black Americans without four-year degrees?

• They have more skills than those with degrees.

• They are the majority of the population.

• They are already well-represented in the workforce.

• They face unique structural barriers in the economy.

What is one of the main goals of the coalition of 37 companies?

• To focus solely on technology jobs.

• To increase the number of PhD holders.

• To reduce the number of jobs available.

• To create an economy of scale for hiring skilled workers.

What is a key strategy for overcoming hiring barriers according to the coalition?

• Hiring only from top universities

• Working together to scale efforts

• Focusing on international talent

• Reducing the number of job openings

What is the coalition's target for job creation over the next 10 years?

• 750,000 jobs

• 1,000,000 jobs

• 500,000 jobs

• 2,000,000 jobs

What is the ultimate currency that the coalition aims to provide?

• A job

• Experience

• Education

• Networking opportunities

Which sector is NOT mentioned as a focus for job creation?

• Technology

• Healthcare

• Advanced Manufacturing

• Retail

What is Merck's approach to vaccine development?

• Stopping all vaccine development

• Relying on other companies' vaccines

• Developing multiple vaccines for different subpopulations

• Focusing only on one vaccine