Job Market Monitor
Reskilling
Skills and AI – Millions of workers may need to be not just upskilled but reskilled
In the coming decades, as the pace of technological change continues to increase, millions of workers may need to be not just upskilled but reskilled—a profoundly complex societal challenge that will sometimes require workers to both acquire new skills and change occupations entirely. Companies have a critical role to play in addressing this challenge, but … Continue reading
Upskilling, Reskilling and Social Dialogue in US – The Workforce Development Boards (WDBs) at CareerOneStop
Need to develop training for your employees? Looking for resources to help build it or take training to scale? Workforce Development Boards (WDBs) facilitate connections between businesses, community colleges, workforce agencies, and others to maximize the productivity and success of businesses in their region. What are Workforce Development Boards (WDBs)? WDBs are part of the … Continue reading
Upskilling and Reskilling, Twin Transition and Social Dialogue : The Global Deal Initiative
The Global Deal Initiative aims at jointly addressing the challenges in the global labour market and enabling all people to benefit from globalisation., The twin transition – which describes the move towards a more digitalised and at the same time more environmentally sustainable economy – is changing how we work, where we work and what … Continue reading
The Great Resignation and Reskilling – Online training is a stepping stone to resigners’ next opportunities
With the unprecedented number of resignations across the country and the surging interest we’ve seen in short-term reskilling opportunities, Cengage wanted to learn more about the Great Resignation—who are these “resigners,” as we refer to them in this report, and why are they quitting their jobs? What opportunities are they exploring next, how will they … Continue reading
Reskilling and Career Paths – A study of 209,000 people in 190 countries
A study of 209,000 people in 190 countries shows the appeal of professional reinvention at an uncertain time. More than two-thirds of workers globally are willing to retrain for new jobs, an attitude that may set the stage for vast workplace changes after the pandemic ends. The interest in switching careers is tied to both … Continue reading
LinkedIn Learning’s 2021 Workplace Learning Report – It’s all about rapid skill building at scale
In 2021, it’s all about rapid skill building at scale In the fifth year of the Workplace Learning Report, we mark a pivotal moment in the industry. Gleaned from survey data, LinkedIn Learning platform insights, and industry news, one thing is crystal clear. Learning has taken center stage and is essential to help organizations develop … Continue reading
Upskilling and Reskilling in UK – Government’s landmark programme : Lifetime Skills Guarantee
In September 2020, the UK government announced a Lifetime Skills Guarantee, which aims to transform the training and skills system to ensure more people can gain sought-after skills and improve their career prospects. We’ve put together this Lifetime Skills Guarantee FAQ to help you get the funded training you may be eligible for under this … Continue reading
Upskilling and Reskilling in Europe – A potential of 128 million adults (46.1% of the adult population)
As 2020 approaches, and the EU is still far from attaining its benchmark of 15% adult participation in learning, our societies face multiple challenges: technological changes, including digitalisation and its consequences for the future of work; ageing societies; the need for the greening of the economy; and social inclusion. Europe must improve and maintain high-level … Continue reading
Reskilling – Glenn Youngkin on Virginia Ready Initiative
Youngkin, chair of the Virginia Ready Initiative, talks about easing unemployment and strengthening Virginia’s economy by connecting people with training, financial support, and job opportunities. About 80 percent of the newly unemployed folks do not have a college degree. They work in sectors that are the most economically exposed. And they are disproportionately racial and … Continue reading
Future of Work – Leveraging human potential : The World Economic Forum’s Report 2020
The COVID-19 pandemic-induced lockdowns and related global recession of 2020 have created a highly uncertain outlook for the labour market and accelerated the arrival of the future of work. The Future of Jobs Report 2020 aims to shed light on: 1) the pandemic-related disruptions thus far in 2020, contextualized within a longer history of economic … Continue reading
Skills in UK – Nine out of ten employees will need to reskill by 2030 : a strategy
Last month, the CBI welcomed the Prime Minister’s bold steps to help solve the urgent skills challenge facing the UK. But research carried out prior to the pandemic suggests the country is now at a fork in the road. Invest more in adult education to level up opportunity across the country and boost competitiveness. Or … Continue reading
Reskilling and Upskilling – Guidelines on Rapid Assessment in response to the COVID-19 crisis
Skills development has an important role to play in the immediate effort to lessen the impact of COVID-19 while the pandemic is active, in building the resilience of workers and firms, and in preparing for recovery. Time is of the essence in this response, to help speed recovery from recession, to get people back to … Continue reading
Reskilling for Industry – Leaders are unprepared
The future of work will require two types of changes across the workforce: upskilling, in which staff gain new skills to help in their current roles, and reskilling, in which staff need the capabilities to take on different or entirely new roles. Our research suggests that the reskilling challenge will be particularly acute in operationally … Continue reading
COVID, Reskilling and Upskilling – 42% of companies stepped up their investment while 42% of employees have pursued training on their own after the coronavirus outbreak
Employee reskilling and upskilling training is in the spotlight. Learn how and why companies reskill and upskill their workforce and what employees think. In late 2019, the World Economic Forum issued an alert. Lack of skills was keeping CEOs awake at night. The only way to bridge the skills gap is through upskilling or reskilling … Continue reading
Recovery – Upskilling and reskilling remote workers
Embracing remote working poses serious early-stage challenges for organizations, across the operating-model dimensions of people, structure, process, and technology and leaders have an essential role to play in developing solutions to tackle these challenges in the short term (Exhibit 1). Our recent findings show that although 87 percent of executives said they were experiencing skill gaps … Continue reading
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