Key points:
Ineffective career transitions and related learning gaps cost the US economy 1.1 dollars per year – an amazing 5% of GDP, according to new research Pearson.
The report, “Lost in the transition: fix the skills gap“, Released to Annual meeting of the World Economic ForumWarm up against a potential global “skill abuse” between employers' needs and employee capacities, and urgently calls for a fundamental change in approaches to learning and skills development.
The full report details the economic and personal impact of learning gaps during major career transitions – school at work, layoffs or quarters of work and disturbances caused by AI automation. It also highlights two critical imperatives for immediate and collaborative action in the education and business sectors: the need to learn more effectively and the development of modern skills paths that evolve with the future of work.
Prioritize “Learn to learn”
Improvement of path People learn is stressed as vital for an adaptive workforce ready for a continuous update and career pivots And Personal career development. The report recommends “learning to learn” to become a basic objective in business education and training, emphasizing metacognitive skills such as definition of objectives, critical thinking and self -regulated learning. A quoted study revealed that these approaches can accelerate the annual seven -month learning progress.
Develop clear modern skills
By moving beyond the obsolete linear career paths, the report encourages the redesigned and effective rethought skills that submit to the future needs of the workforce. It promotes learning in the workplace such as learning to align skills on real world demands, tailor -made support and mentoring. He estimates that the United States could earn 40 billion dollars a year by shortening the transition times for formal education to work for six weeks.
The implementation of such approaches could unlock billions of billions for economies while creating opportunities that change life for millions in the world.
“There is real potential for the skills difference to become a chasm if we do not act. Traditional education that drives people into their careers is no longer enough. Learning to learn will become the goal for students, workers and employers to help people adapt and restart throughout their careers and their learning journey, “said PDG of Pearson, Omar Abbosh. “We can help prevent the skills gap from becoming a skill chasm when employers, educators, workers and the government partner to find solutions.”
The full report and its results are based on a quantitative analysis, including the data from the Pearson Faethm, literature reviews and interviews with leading experts. Among the other subjects explored:
- Virtual reality for career exploration
- Lifelong learning funding
- Digital portfolios for robust skills monitoring
- Career cartography fueled by AI
- The creation of a common language of skills
- Evaluations for the increase in career and wage growth
This press release Originally appeared online.

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