Governor Terry McAuliffe (D-VA) joined business and community leaders at Capital One’s Digital Labs in Vienna, VA, for an interactive discussion on “The Role of Digital Fluency in Virginia’s New Economy” and the efforts to close the digital skills gap and help individuals succeed in the jobs of tomorrow.
During the event, Capital One and labor market analytics firm Burning Glass Technologies released a report on the digital skills gap in Virginia and DC. The report shows middle-skills jobs that require technical skills beyond a high school diploma but don’t require a 4-year degree comprise nearly 40% of total employment opportunity. Jobs requiring digital skills account for 8 in 10 available jobs.
“We must respond to the demands of the changing global economy by providing employers with a steady stream of talented workers who can succeed in the digital era,” said Governor McAuliffe. “Our people are our greatest asset as we build a new Virginia economy. When we prepare them for the jobs of tomorrow, employers will continue to seek out Virginia as a top destination for investment.”
To help address the digital skills gap, Capital One is investing $150 million over five years through its Future Edge initiative to help job-seekers build the technical skills they need to succeed in an ever-changing, digitally-driven economy.
In Virginia and DC, Capital One’s Future Edge supports numerous nonprofit organizations, including Year Up National’s IT training program for local disadvantaged young adults. Capital One also supports Black Girls Code, an organization that inspires and empowers thousands of young women to pursue STEM-related careers.
Congratulations Capital One Financial Corporation!