Summary of Learning and Earning

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Learning and Earning summary

Rating

9 Overall

9 Importance

9 Innovation

9 Style

Recommendation

Workers have to adapt to constant technological change, and economies can no longer afford to leave them to fend for themselves. This special report from The Economist surveys trends, innovations and opportunities in lifelong learning as of early 2017, including massive open online courses (MOOCs), nanodegrees, credentialing, and more. The bottom line is that employers, education providers, even governments and labor unions will have to pull together to maintain a flexible, tech-savvy workforce. getAbstract recommends this informative, comprehensive report for anyone with a stake in the labor force of the future.

In this summary, you will learn

  • Why learning providers and employers need to cooperate in educating workers,
  • What challenges alternative education providers face, and
  • Why government and trade unions should support learning for low-skill workers.
 

About the Author

The Economist is an independent weekly magazine covering business, foreign affairs, science and technology.

 

Summary

Constant technological change in the workplace means workers need to engage in continual learning to maintain their employability. It isn’t easy: Employers often don’t pay for training, and workers frequently don’t know which skills they should be learning. Young people entering the workforce find education isn’t enough; they need experience to compete, even for entry-level positions. And workplaces that don’t facilitate training or lack “middle-level roles” can leave workers stranded midcareer.

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