Reskilling our way back into work

Over the last few months, economies and societies worldwide have changed in ways that none of us could have foreseen. Here in the UK, the outlook for 2020 swiftly moved from one of relative economic prosperity and growth to teetering on the precipice of the biggest economic crisis since the Great Depression of the 1920s. 
 
This report by City & Guilds Group and Emsi looks at the impact on skills and employment in a COVID-19 world.
 
The diagnosis: 
  • Unemployment is continuing to rise across industries and geographies and is disproportionately affecting certain groups.
  • Training and upskilling provides a lifeline back into employment.
  • Lower-skilled and lower-waged people will be most badly impacted by COVID-19.
  • Digital skills development, and flexible, accessible learning models must be prioritised.
  • Adult education is poorly regarded and self-funding is often a stumbling block. 
 
The cure: 
  • Target government funding into preemployment programmes to help stave off a lost generation of workers.
  • Push digital transformation by encouraging employers and education providers to work together to maintain the widespread adoption of online learning and enhance digital funding.
  • Use Government policy and communication levers to encourage collaboration with employers and learning providers to create ‘lifelong learning and employment hubs’ and promote recruitment into growth sectors.




Related Insights

Read, watch & listen to some of the latest thought leadership from our Community.

Click here to download this insight
Embracing the Human-AI Partne...

Singtel faces a rapidly changing environment as geopolitics, customer expectations and AI reshape its business. In discussion with Criticaleye Senior Editor Bridgette Hall, Group Chief People & Sustainability Office...

Click here to download this insight
Reaching New Heights at Guoco...

After four years in the Group CFO role at one of Singapore’s most prominent real estate developers, GuocoLand Group, Andrew Chew talks to Jacob Ambrose Willson about stepping up from regional CFO to Group, managin...

Click here to download this insight
The AI-led HR Revolution at V...

Victrex’s Group HR Director Jilly Atherton has brought together talent planning, leadership development and digital innovation to support a fast-changing global business, using AI where it adds real value without ...


1 2 3 4 5 6 7 8 9 10
Displaying 1 to 3 of 520




GlaxoSmithKline plc AlixPartners London Stock Exchange Group Eightfold AI Workday Salesforce Concentrix Hitachi Solutions British Land Google Lightsource bp Accenture Worldpay NATS FTSE Women Leaders Review Rolls-Royce Palo Alto Networks Drax Group plc Aldermore Group Legal & General IBM Consulting NatWest Group E.ON UK