Byron Auguste Byron Auguste is an influencer

CEO & Co-founder at Opportunity@Work | Forbes Future of Work 50

Washington, District of Columbia, United States
59K followers 500+ connections

About

In my two childhood "hometowns" of Detroit, Michigan, and Phoenix, Arizona, I have many family members and friends who’ve found themselves stuck—neither able to contribute their full talent, nor to be rewarded for them. As an economist, I see such a waste of talent as a classic market failure.

That’s why, in 2015, following my service in the White House as Deputy Assistant to the President for Economic Policy and Deputy Director of the National Economic Council, I was inspired to launch Opportunity@Work.

Our work rises above politics. I have yet to meet a mayor or governor (of either party) who doesn’t want to bring more good jobs to her or his communities. And in every region of the country, I hear the same thing from business (“we can’t find the skills we need”) and from hard working people struggling to break into better paying jobs (“I know what I can do, but no one will give me a chance”).

Re-wiring the U.S labor market to end this damaging market failure is my mission today, and every day, as the Opportunity@Work team, our outstanding partners, and I work to rewire the U.S. labor market so that all individuals Skilled Through Alternative Routes (STARs) can work, learn, and earn to their full potential.

In the next decade, Opportunity@Work aims to enable at least 1 million working adults in America to translate their learning into earning – generating a $20 billion boost in annual earnings.

Join us—as we make this vision a reality.

Articles by Byron

Activity

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Experience

  • Opportunity@Work Graphic

    CEO & Co-founder

    Opportunity@Work

    - Present 9 years 4 months

    Washington D.C. Metro Area

    Opportunity@Work is a nonprofit social enterprise whose mission is to expand access to career opportunities for STARs - the 70+ million talented U.S. workers who are “Skilled Through Alternative Routes,” rather than a bachelor's degree. Over the decade, we want to empower over 1 million STARs to realize their talents and boost their own earnings by over $20 billion annually.

    We are rewiring the labor market to help employers screen-in talent based on skills - instead of screening out…

    Opportunity@Work is a nonprofit social enterprise whose mission is to expand access to career opportunities for STARs - the 70+ million talented U.S. workers who are “Skilled Through Alternative Routes,” rather than a bachelor's degree. Over the decade, we want to empower over 1 million STARs to realize their talents and boost their own earnings by over $20 billion annually.

    We are rewiring the labor market to help employers screen-in talent based on skills - instead of screening out based on arbitrary bachelor's degree requirements. Opportunity@Work develops data and technology solutions that bridge the gap between employers, talent developers and STARs, such as our Stellarworx marketplace platform.

    Our landmark research on STARs has been cited by the Federal Reserve, MIT, Brookings, the New York Times, the Wall Street Journal, Washington Post, Bloomberg, WIRED and more.

  • Autodesk Graphic

    Research Fellow

    Autodesk

    - 8 months

    Autodesk makes software for people who make things.

    Fellowship focused on how emerging digital technologies of design and make may shift modes of value creation, business models, ecosystem workflows, in-demand skills, and prosperity pathways.

  • New America Graphic

    Co-founder of Opportunity@Work

    New America

    - 1 year 10 months

    Washington D.C. Metro Area

    On March 9, 2015, New America announced its start-up of Opportunity@Work as a “civic enterprise” focused on “re-wiring the U.S. labor market to enable more Americans to achieve economic opportunity and upward mobility in the job market and workplace.” This announcement coincided with the White House launch - in President Obama’s speech to the National League of Cities conference - of the TechHire initiative, initially in 21 U.S. cities, states, and regions. New America successfully incubated…

    On March 9, 2015, New America announced its start-up of Opportunity@Work as a “civic enterprise” focused on “re-wiring the U.S. labor market to enable more Americans to achieve economic opportunity and upward mobility in the job market and workplace.” This announcement coincided with the White House launch - in President Obama’s speech to the National League of Cities conference - of the TechHire initiative, initially in 21 U.S. cities, states, and regions. New America successfully incubated Opportunity@Work as a program until its January 1, 2017 debut as an independent 501(c)3 non-profit entity.

  • Deputy Director, National Economic Council

    The White House

    - 1 year 9 months

    Washington D.C. Metro Area

    Served in White House as Deputy Assistant to the President for Economic Policy and Deputy Director of the National Economic Council, coordinating economic policy across the Administration. Policy portfolio in White House included U.S. job creation, labor markets, skills and workforce policies, R&D and innovation, capital investment, infrastructure, transportation and goods movement, and services exports such as travel and tourism. Developed effective public private partnerships in employment…

    Served in White House as Deputy Assistant to the President for Economic Policy and Deputy Director of the National Economic Council, coordinating economic policy across the Administration. Policy portfolio in White House included U.S. job creation, labor markets, skills and workforce policies, R&D and innovation, capital investment, infrastructure, transportation and goods movement, and services exports such as travel and tourism. Developed effective public private partnerships in employment, skills development, and infrastructure.

  • McKinsey & Company Graphic

    Director (Senior Partner)

    McKinsey & Company

    - 20 years

    Washington—Global Leader/Social Sector 2007-13; LA—Leader/N.A. High Tech 1993-07

    Over 20 years at McKinsey, Byron worked primarily in the fields of technology and communications, information and media, services-based businesses, education, economic development, and innovation, leading McKinsey’s High Tech Services sector from 2002 to 2006, and its global Social Sector from 2007 to 2013. Also served on Global Personnel Committees for New Partner Election (2002-2006) and Partner Evaluation (2004-2008).

  • University of Oxford Graphic

    Lecturer, International Trade and Finance, Oxford University Foreign Service Programme

    University of Oxford

    - 2 years

    Oxford, England, United Kingdom

    Teaching International Trade and Finance to mid-career diplomats

  • LMC International Ltd Graphic

    Research Economist

    LMC International Ltd

    - 2 years

Education

  • University of Oxford Graphic

    University of Oxford

    DPhil. Economics

    -

    Activities and Societies: Marshall Scholar

    Dissertation: The Economics of International Payments Unions and Clearing Houses

  • University of Oxford Graphic

    University of Oxford

    MPhil. Economics

    -

    Activities and Societies: Marshall Scholar

    Macroeconomics, Microeconomics, Mathematical Methods, International Trade and Finance, Economics of Developing Countries, MPhil. Thesis on The European Payments Union

  • Yale University Graphic

    Yale University

    B.A. Economics and Political Science

    -

Volunteer Experience

  • Council on Foreign Relations Graphic

    Member

    Council on Foreign Relations

    - Present 18 years

    Elected in 2008 to Life Membership of The Council on Foreign Relations (CFR), an independent, nonpartisan membership organization, think tank, and publisher. Each of these functions make CFR an indispensable resource in a complex world.

  • Washington Center for Equitable Growth Graphic

    Board of Directors and Steering Committee

    Washington Center for Equitable Growth

    - Present 10 years 8 months

    Economic Empowerment

    Have served as a board member of the Washington Center for Equitable Growth’s Board of Directors since 2015. Recently joined its academic research Steering Committee.

    The Washington Center for Equitable Growth is a non-profit research and grant-making organization dedicated to advancing evidence-backed ideas and policies that promote strong, stable, and broad-based economic growth. Its fundamental questions have been whether and how economic inequality—in all its forms—affects economic…

    Have served as a board member of the Washington Center for Equitable Growth’s Board of Directors since 2015. Recently joined its academic research Steering Committee.

    The Washington Center for Equitable Growth is a non-profit research and grant-making organization dedicated to advancing evidence-backed ideas and policies that promote strong, stable, and broad-based economic growth. Its fundamental questions have been whether and how economic inequality—in all its forms—affects economic growth and stability, and what policymakers can do about it.

    It works to build a strong bridge between academics and policymakers to ensure that research on equitable growth and inequality is relevant, accessible, and informative to the policymaking process.

  • Hope Street Group Graphic

    Board Member

    Hope Street Group

    - Present 11 years

    Economic Empowerment

    Hope Street Group helps to create systemic solutions and build coalitions to expand economic opportunity in the United States. It brings innovators - whether in business, technology, social entrepreneurship, etc - together with policy makers of both parties and leaders across government, the private sector and civil society to tackle the big challenges - e.g., education, health, jobs. www.hopestreetgroup.org

  • Merit America Graphic

    Board Member

    Merit America

    - Present 3 years 9 months

    Economic Empowerment

  • Ad Hoc Volunteer

    Biden-Harris Presidential Transition

    - 3 months

  • Biden for President Graphic

    Co-Chair, Economic Policy Committee

    Biden for President

    - 7 months

    Economic Empowerment

  • Member of Policy Advisory Board

    The Biden Institute

    - 3 years

    Education

    The Biden Institute, established at the University of Delaware's Joseph R. Biden, Jr. School of Public Policy and Administration, is a world-class intellectual center and destination for scholars, activists, policymakers, and national leaders.

    The mission at The Biden Institute: to influence, shape, and work to solve the most pressing domestic policy problems facing America. It is a research and policy center working to bring together the sharpest minds and the most powerful voices to…

    The Biden Institute, established at the University of Delaware's Joseph R. Biden, Jr. School of Public Policy and Administration, is a world-class intellectual center and destination for scholars, activists, policymakers, and national leaders.

    The mission at The Biden Institute: to influence, shape, and work to solve the most pressing domestic policy problems facing America. It is a research and policy center working to bring together the sharpest minds and the most powerful voices to address our nation's toughest problems.

  • Member

    Pacific Council on International Policy

    - Present 31 years

    The Pacific Council is committed to building the vast potential of the West Coast for impact on global issues, discourse, and policy.It informs and engages leaders and galvanize them to effect change on global issues; builds strong networks to stimulate informed dialogue and collaboration; and emphasizes issues where we are positioned to have maximum impact.

  • Yale Corporation Trustee

    Yale University

    - 2 years

    Education

    The Yale Corporation is the governing board and policy-making body for Yale University. Compared to the governing boards of other educational institutions, the Yale Corporation is small and plays an unusually active role in University governance.

    The Yale Corporation has nineteen members: the President of the University, who chairs the Corporation; ten Successor Trustees, who elect their own successors for up to two six-year terms; six Alumni Fellows, who are elected by the alumni for…

    The Yale Corporation is the governing board and policy-making body for Yale University. Compared to the governing boards of other educational institutions, the Yale Corporation is small and plays an unusually active role in University governance.

    The Yale Corporation has nineteen members: the President of the University, who chairs the Corporation; ten Successor Trustees, who elect their own successors for up to two six-year terms; six Alumni Fellows, who are elected by the alumni for staggered six-year terms; and the Governor and Lieutenant Governor of the State of Connecticut, ex officio. The Senior Fellow of the Corporation presides over the body in the President’s absence.

    The Corporation meets at least five times during the year and occasionally in special session.

  • The William and Flora Hewlett Foundation Graphic

    Trustee

    The William and Flora Hewlett Foundation

    - 6 years 11 months

    The William and Flora Hewlett Foundation has been making grants since 1966 to help solve social and environmental problems at home and around the world. The Foundation concentrates its resources on activities in education, the environment, global development, performing arts, philanthropy, population, and makes grants to support disadvantaged communities in the San Francisco Bay Area.

  • Hope Street Group Graphic

    Board Chairman

    Hope Street Group

    - 10 years 3 months

    Economic Empowerment

    Hope Street Group helps to create systemic solutions and build coalitions to expand economic opportunity in the United States. It brings innovators - whether in business, technology, social entrepreneurship, etc - together with policy makers of both parties and leaders across government, the private sector and civil society to tackle the big challenges - e.g., education, health, jobs. www.hopestreetgroup.org

Skills

Publications

  • We Need to “Re-wire”

    New America

    This essay was produced as part of New America’s annual conference, "Exploring New America: What Drives Innovation Around the Country," held in Washington, D.C.

    See publication
  • Help Wanted: the Future of Work in Advanced Economies

    McKinsey Global Institute

    With 40 million workers unemployed in the world’s most developed economies, many look to revival in the labor market. The McKinsey Global Institute cautions that progress will not come immediately and points to five factors trends that are stumbling blocks to reducing unemployment: Technology is lowering the need for production and routine transaction workers. Employers cannot fill positions because workers are not trained in needed skills. Jobs are available in regions where workers are not…

    With 40 million workers unemployed in the world’s most developed economies, many look to revival in the labor market. The McKinsey Global Institute cautions that progress will not come immediately and points to five factors trends that are stumbling blocks to reducing unemployment: Technology is lowering the need for production and routine transaction workers. Employers cannot fill positions because workers are not trained in needed skills. Jobs are available in regions where workers are not plentiful and workers populate areas where jobs are scarce. Age, child care and lack of experience hamper some workers, including the young, those older than 55 and parents. Finally, declining income for low-income households and wage inequality influences living standards and social stability, all of which affect job creation. The report advises on steps that government, companies and job hunters can take on education, critical thinking and innovation.

    See publication
  • An economy that works: Job creation and America’s future

    McKinsey Global Institute

    The United States faces a daunting challenge. At current rates of job creation, it will take until sometime in 2016 simply to get back to the level of employment before the recession. To actually regain full employment – finding work for the currently unemployed and accommodate 15 million entrants into the labor force this decade – the US economy will need to create 21 million jobs by 2020. Only under an optimistic scenario of job growth can this occur, according to this new report by the…

    The United States faces a daunting challenge. At current rates of job creation, it will take until sometime in 2016 simply to get back to the level of employment before the recession. To actually regain full employment – finding work for the currently unemployed and accommodate 15 million entrants into the labor force this decade – the US economy will need to create 21 million jobs by 2020. Only under an optimistic scenario of job growth can this occur, according to this new report by the McKinsey Global Institute. It sheds new light on how companies use labor, where new jobs are likely to come from, and what conditions are needed to ensure robust and sustainable job creation. In addition to original research and scenario analysis, the report draws on interviews with human resources executives of major corporations and a survey of 2,000 business leaders.

    See publication
  • Growth and Renewal in the United States: Retooling America's economic engine

    McKinsey Global Institute

    Growth and renewal in the United States: Retooling America's economic engine examines America's growth challenge and explains why productivity is such an imperative for rising living standards and national competitiveness. It also dispels some of the myths about productivity, including the notion that there is a necessary trade-off between productivity and jobs. And while some economists suggest that economic growth and technological innovation in the United States have reached a plateau, the…

    Growth and renewal in the United States: Retooling America's economic engine examines America's growth challenge and explains why productivity is such an imperative for rising living standards and national competitiveness. It also dispels some of the myths about productivity, including the notion that there is a necessary trade-off between productivity and jobs. And while some economists suggest that economic growth and technological innovation in the United States have reached a plateau, the McKinsey Global Institute's analysis suggests otherwise. There are enough opportunities to apply best practice across the economy and tap the next wave of innovation to achieve the broad-based productivity acceleration necessary to match, and even surpass, historic GDP growth rates. Finally, the research outlines a seven-point agenda for government and business to address economy-wide issues that today hinder US productivity and growth.

    See publication
  • Changing the Fortunes of America's Workforce: A human capital challenge

    McKinsey Global Insitute

    Growth and renewal in the United States: Retooling America's economic engine examines America's growth challenge and explains why productivity is such an imperative for rising living standards and national competitiveness. It also dispels some of the myths about productivity, including the notion that there is a necessary trade-off between productivity and jobs. And while some economists suggest that economic growth and technological innovation in the United States have reached a plateau, the…

    Growth and renewal in the United States: Retooling America's economic engine examines America's growth challenge and explains why productivity is such an imperative for rising living standards and national competitiveness. It also dispels some of the myths about productivity, including the notion that there is a necessary trade-off between productivity and jobs. And while some economists suggest that economic growth and technological innovation in the United States have reached a plateau, the McKinsey Global Institute's analysis suggests otherwise. There are enough opportunities to apply best practice across the economy and tap the next wave of innovation to achieve the broad-based productivity acceleration necessary to match, and even surpass, historic GDP growth rates. Finally, the research outlines a seven-point agenda for government and business to address economy-wide issues that today hinder US productivity and growth.

    See publication
  • The Economics of International Payments Unions and Clearinghouses

    MacMillan Press

    International payments unions and clearing houses have been employed by 88 countries in Europe, Asia, Africa, Latin America, and the Caribbean to liberalise regional trade and payments during the past 50 years. Yet, their impact on participating countries has not been well understood. When the republics of the former Soviet Union were deciding on new monetary regimes, many economists proposed a payments union but could not estimate its potential benefits or risks. This book presents the first…

    International payments unions and clearing houses have been employed by 88 countries in Europe, Asia, Africa, Latin America, and the Caribbean to liberalise regional trade and payments during the past 50 years. Yet, their impact on participating countries has not been well understood. When the republics of the former Soviet Union were deciding on new monetary regimes, many economists proposed a payments union but could not estimate its potential benefits or risks. This book presents the first fully articulated theory of international payments unions and clearing houses in order to answer the questions: When should a country choose to participate in a payments union? What benefits and costs have actually resulted from existing and past clearing houses? When should countries in a clearing house seek to form a payments union?

    See publication
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Honors & Awards

  • The Heinz Awards

    The Heinz Family Foundation

    Heinz Family Foundation named Byron Auguste a 2025 Heinz Award recipient in the Economy category, among six total recipients of the 30th annual Heinz Awards - recognizing outstanding contributions in the fields of arts, economics, and the environment.

Languages

  • Spanish

    Professional working proficiency

  • French

    Professional working proficiency

  • Portuguese

    Elementary proficiency

Organizations

  • Edward Jones

    Advisory Board Member

    - Present

    As a member of the first Advisory Board for Edward Jones, I, along with my fellow board members, provide external, non-binding advice, insights and recommendations to the firm's managing partner and other senior leaders to support and enable the firm's purpose to partner for positive impact to improve the lives of its clients and colleagues, and together, better our communities and society.

  • Reinvent Technology Partners

    Independent Board Director

    -

    NYSE: RTPZ

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