H.R. 7077: To amend the Research and Development, Competition, and Innovation Act to require a plan for data collection and analytical capability relating to the skilled technical workforce, and for other purposes.

This bill aims to amend the Research and Development, Competition, and Innovation Act by enhancing how the government collects and analyzes data regarding the skilled technical workforce. The key changes proposed in the bill include:

1. Regular Assessments

The bill requires that assessments related to the skilled technical workforce be conducted every two years (biennially) after the bill's enactment, rather than just once, which helps ensure ongoing and updated information.

2. Data Collection and Analysis Plan

It mandates the creation of a plan for initiating and maintaining a data collection and analytical capability at the National Center for Science and Engineering Statistics. This means that the federal government will have a structured approach to gather and analyze data about individuals in skilled technical jobs.

3. Focus on Skilled Technical Workforce

The bill specifies that the surveys will focus explicitly on the skilled technical workforce. This targeted approach seeks to gather more relevant data that can be used for various analyses and policymaking efforts.

4. Implications for Policy and Programs

By establishing a systematic framework for data collection, the bill could lead to better-informed decisions regarding educational programs, workforce development initiatives, and policies aimed at enhancing the skilled technical workforce in the U.S.

5. Oversight and Implementation

The changes made through this bill will likely involve cooperation between various agencies, focusing on how data is collected, maintained, and used to support skilled technical employment.

Relevant Companies

• CSCO - Cisco Systems, which relies heavily on a skilled technical workforce for its operations and products.
• IBM - IBM has a significant focus on technical expertise for its consulting and data analysis services.
• MSFT - Microsoft, which requires a continuous supply of skilled technical talent for software development and cloud services.
• ORCL - Oracle Corporation, which also depends on a technical workforce for its database and cloud solutions.