OECD: Matching skills to new needs is an important challenge for member countries

Job Market Monitor

“It is not just more of the same education that is needed” says the OECD, “the nature of the skills in demand is changing too.”

The author adds: “The steepest decline in the demand for skills has recently occurred in routine cognitive task input, involving mental tasks that are well described by deductive or inductive rules… (In fact), the kinds of skills that are easiest to teach and easiest to certify are the ones that are most rapidly disappearing from the labour markets of advanced economies.”


“With a rapidly rising demand for skills, countries can no longer simply rely on education systems that efficiently sort individuals.” “Known skill shortages often do not translate efficiently into curricula and learning provision…”

“To meet these challenges, countries will need to … deploy their skill base effectively by improving the match between skill supply and demand.”


Read More @ Investing in Human and Social Capital: New Challenges


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