ERIC Number: ED614034
Record Type: Non-Journal
Publication Date: 2021
Pages: 32
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
A US Workforce Training Plan for the Postpandemic Economy: Driving Recovery with a Highly Skilled Workforce. Sustaining Capitalism. Solutions Briefs
Committee for Economic Development of The Conference Board
Achieving prosperity for all Americans could not be more urgent. Although the United States remains the most prosperous nation on earth, millions of citizens are losing faith in the American dream of upward mobility, and in American-style capitalism itself. This crisis of confidence has widened the divide afflicting American politics and cries out for reasoned solutions in the nation's interest to provide prosperity for all Americans and make capitalism sustainable for generations to come. The Committee for Economic Development (CED), the public policy center of The Conference Board, has released a series of 2021 Solutions Briefs on Sustaining Capitalism. This series is focused on nonpartisan reasoned solutions in the nation's interest to the central challenges we face in order to provide prosperity for all Americans. This Sustaining Capitalism Solutions Brief statement presents a US workforce training plan for the postpandemic economy. Though the US economy is expected to recover to its prepandemic level of production (gross domestic product or GDP) by the second quarter of 2021, the postpandemic economy will be different in many important ways. The pandemic's acceleration of trends toward remote work, digital transformation, and automation could permanently reduce demand for low-skill jobs. To build a large and fully competitive US workforce and reduce inequality, aggressive reskilling will be needed.
Descriptors: Labor Force Development, COVID-19, Pandemics, Job Training, Job Skills, Enrollment, Colleges, Partnerships in Education, School Business Relationship, Educational Needs, Public Policy, Unemployment, Incentives, Access to Computers, Internet, Federal Aid, Grants, Accountability, Lifelong Learning, Access to Education
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 - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: Policymakers; Teachers
Language: English
Sponsor: N/A
Authoring Institution: Committee for Economic Development of The Conference Board (CED)
Identifiers - Laws, Policies, & Programs: Pell Grant Program
Grant or Contract Numbers: N/A