ERIC Number: ED607152
Record Type: Non-Journal
Publication Date: 2020
Pages: 14
Abstractor: ERIC
ISBN: 978-0-8237-1413-1
ISSN: N/A
EISSN: N/A
The Future of Work: How America Can Meet the Upskilling Challenge. 2020 Solutions Brief. Sustaining Capitalism
Committee for Economic Development of The Conference Board
While the nation is enjoying its longest economic expansion on record and its lowest unemployment rate in 50 years, anxiety persists about how American businesses and workers will be affected by future changes in the labor market. Speculation about the "future of work" is typically centered on how new or emerging technologies could potentially change which skills are in demand, what jobs exist, which sectors will thrive or shrink, and how employee-employer relationships may shift. But changes in demographics and globalization, as well as in politics, culture, and society, will also be critical in determining where the world of work is headed. Public policy commentary on how to prepare for the uncertain future of work is neither new nor limited to the US. But given both potential opportunities and downside risks, as well as the long-term consequences of a failure to prepare, business leaders and policy makers must better position US workers to contribute to and share in growing prosperity in the years ahead. Today, efforts to better position US workers are being approached and funded in disparate ways. What is urgently needed is for public and private sector leaders to devise a comprehensive, collaborative strategy centered around forecasting skill needs, partnerships between business and academia, better matching supply and demand, job training, retraining, and upskilling. This report helps to lay out reasoned analysis and approaches for delivering a US job training system that more effectively helps workers achieve their goals and helps the nation field a more modern, highly skilled workforce.
Descriptors: Job Skills, Employment Qualifications, Labor Market, Labor Needs, Job Training, Skill Development, Agency Cooperation, Employers, On the Job Training, Access to Information, Eligibility, Models, Geographic Regions, Taxes, Public Policy, Automation, Career Development, At Risk Persons, Economic Factors, Access to Education, Incentives
Committee for Economic Development of The Conference Board. 1530 Wilson Boulevard Suite 400, Arlington, VA. Tel: 800-676-7353; Tel: 202-296-5860; Fax: 202-223-0776; e-mail: info@ced.org
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Committee for Economic Development of The Conference Board (CED)
Grant or Contract Numbers: N/A