Saturday, November 27, 2021

Adapting workers to the modern economy: Alternative training and certification - Marcus Casey and Ember Smith, Brookings Institution

Technological change is transforming the skill needs of employers. And it is not clear that colleges and universities are supplying workers with the requisite skills or ongoing learning options to satisfy this demand. As noted in the World Economic Forum, “42% of core skills required to perform existing jobs are expected to change” over the next two years. This trend is among those feeding a growing anxiety about the labor market; as a recent survey suggests, 44% of young people worry that there won’t be demand for their skills and knowledge in the future. Furthermore, even if schools were to overhaul their curricula, those already in the workforce would still need retraining to keep up with technological change. While there are some initiatives in place, none are at the scale needed for the number of workers at risk.

https://www.brookings.edu/blog/up-front/2021/04/13/adapting-workers-to-the-modern-economy-alternative-training-and-certification/

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