Job Market Monitor
Upskilling
Upskilling in Canada – Needs to Plug Gaps
Automation, digital innovation, globalization and demographic shifts have been reshaping the labor market, leading to some long-term structural changes and redefining the skills required to maintain a productive workforce – a trend that has been amplified by the effects of the COVID-19 pandemic. Our study shows Canada still stands below the top-performing countries in skills … Continue reading
Upskilling in US – The American Upskilling Study reveals that workers benefit from an additional 8.6% in annual income
COVID-19 has impacted work in unprecedented ways, with 30 million American adults reporting having lost their jobs or businesses since the beginning of the pandemic. As the U.S. economy recovers from the impact of COVID-19, upskilling programs — defined as training or education that teaches new skills or advances or upgrades existing skills — present … Continue reading
Upskilling in US – An additional 8.6% in annual income for workers and a powerful talent attraction tool
COVID-19 has impacted work in unprecedented ways, with 30 million American adults reporting having lost their jobs or businesses since the beginning of the pandemic. As the U.S. economy recovers from the impact of COVID-19, upskilling programs — defined as training or education that teaches new skills or advances or upgrades existing skills — present … Continue reading
Upskilling and Reskilling Pathways In Europe – Empowering adults in three steps
This report is the second volume of Cedefop research on empowering adults through upskilling and reskilling pathways. It presents the Cedefop analytical framework for developing upskilling pathways for low-skilled adults and illustrates its conceptual development. The analytical framework is aimed at supporting policy-makers and stakeholders in designing and implementing sustainable, coordinated and coherent approaches to … 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 – Wide-scale investment in upskilling has the potential to boost GDP by $6.5 trillion by 2030
Upskilling for Shared Prosperity is a call to action. It makes the economic case for providing employees with learning and development opportunities to expand their horizons while minimizing skills gaps. The report highlights certain challenges but also presents upskilling’s advantages. The report’s key findings include: 1. Wide-scale investment in upskilling has the potential to boost … Continue reading
Upskilling – A 7 Steps Guide
It’s not enough to just talk about upskilling people. It’s essential to understand exactly how to put an advanced, people-focused upskilling strategy in place now. Upskilling is all about preparing for the future Keeping people’s skills in sync with the constantly changing world of work is the biggest talent challenge of our time. To meet … Continue reading
Upskilling – Time to shift the paradigm : focus on the individual
Why aren’t companies making progress with upskilling? Because they’re focusing on the organization rather than the individual. Here’s how to change that. Time to Shift the Paradigm If the benefits of upskilling are so obvious, why aren’t most companies making progress? The problem is the paradigm. For too long, upskilling has focused on the company, … 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
Upskilling in US – Policies that combine investments in English language and digital literacy are vital
English is essential – especially for essential workers The Covid-19 pandemic has vividly illustrated the centrality of frontline workers to the everyday functioning of American life. Many frontline workers are immigrants and/or English language learners – not unlike the US workforce overall, in which more than one in 10 workers has limited English skills. The … 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 Australia – For a business-led upskilling agenda
Where next for skills? COVID-19 has triggered unprecedented change in the workforce. How can business-led upskilling drive productivity and growth in the workforce. What can businesses do to give employees the right skills for the future of work? To enable a Business-led upskilling effort government need to; Work with business to deliver more responsive upskilling … 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
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
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