Long-term Business Benefits

Gerilyn 38

Today more than ever, businesses need employees who are well prepared to succeed in the labor market. Nevada’s current workforce pipeline is not sufficient—not for businesses that need well-prepared employees, not for young people who need good jobs, and not for the state that needs a growing economy.[1] Without a concerted action to prepare more Nevadans for jobs in STEM-intensive fields, skills shortages could limit growth in the state’s most promising target industries and Nevadans could miss out on employment that offers superior paths to opportunity and advancement.[2]

An investment in high quality early learning programs is the first step a business community can take to develop Nevada’s future workforce. Participation in high-quality early childhood education is shown to increase:

  • High School Graduation
  • College Attendance
  • STEM knowledge
  • Lifetime wages and tax revenue

While also decreasing:

  • Instances of violent crimes
  • Teen Pregnancy

[1] Copied from http://readynation.s3.amazonaws.com/wp-content/uploads/ReadyNation-Championing-Success-Brief.pdf

[2] Copied from http://www.brookings.edu/~/media/Research/Files/Reports/2014/11/nevada-stem/BMPP_NevadaSTEM_full-report-web-final.pdf?la=en