What a great quote from AT&T CEO Randall Stephenson: “If I had a business that half the product we turned out was defective or you couldn’t put into the marketplace, I would shut that business down.”
Swallow hard, then think about what Stephenson is citing: American high school graduation rates. He says the labor pool is so thin that AT&T has been unable to fill job vacancies with Americans, forcing the businesses to remain in India for staffing purposes.
The facts seem borderline absurd, but a few minutes of research reveals it’s even worse than it seems. Some studies quote America’s nationwide high school graduation rate at just 71 percent, and the state of Georgia barely graduates half its students, like Stephenson says. Statewide! One town falling below 50% is bad; this is an entire state at 54%. Several cities, like Cleveland, barely get above 25%.
Even if this isn’t fully accurate, it’s awfully dire. Americans underappreciating eduation is nothing new. But when American companies have to outsource their labor to maintain quality, not just save costs, the signs point to a far more serious situation.