Coursera 2020 Global Skills Index Highlights Urgent Need for Reskilling
A coordinated reskilling effort among companies, governments, and campuses is critical to post-pandemic economic recovery
Higher skills proficiency is linked to GDP growth, labor force participation, and income equality, according to Coursera latest Global Skills Index. The report released by the world’s leading online learning platform provides an in-depth look at the state of skills around the world. Looking across the 65 million learners on the platform, and drawing on rich performance data of learners in the past 12 months, the report benchmarks skills proficiency for 60 countries, 10 industries, and 11 fields of study in business, technology, and data science. The report also provides an early analysis of the pandemic’s impact on the skills landscape.
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The pandemic has impacted the lives of more than 555 million workers and 200 million higher education students around the world. To revive jobs and economies, institutions must enable widespread access to skills development so that people can swiftly enter and return to the workforce. This requires understanding the state of job-relevant skills for their respective populations, including for their countries, industries, and fields of study. Equipped with insights from the report, leaders across private, public, and education sectors can shape reskilling efforts for economic revival.
“Workforce recovery in a post-pandemic world relies on broad-base reskilling. Institutions must lead this effort by providing people with equal access to skills needed for the jobs of the future,” said Jeff Maggioncalda, CEO of Coursera. “This year’s Global Skills Index reveals skills trends and insights that will inspire institutions to coordinate skills development for a more inclusive and advanced workforce.”
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