World Bank Group Education Global Practice Smarter Education Systems for Brighter Futures SNAPSHOT Ski ls for Jobs in the 21 st Century 2015 Overview most important predictors of equity education programs to the job Therein access to education and learning market. More than 50 percent of between learning outcomes n It is crucial that countries ensure that employers surveyed globally claim betwenomiearnonghoutcompeschand children and youth, regardless of that they cannot find the right skills, economic growth. From preschool their socioeconomic background or while 80 percent of job seekers to university to technical and vocational programs, education gender, benefit from equitable access fail to find a job. The gap between mattersto a quality education. Returns to supply and demand must be closed matters forlhumantdevelopmentn and schooling are positive and significant by making the critical link with future employment. Swift changesg gy g in technology, for example, have in all countries. Tertiary education, the private sector and factoring in shifted the focus of a well-educated in particular, pays off for women. investment trends, new technologies, worker in the 21st century from the Governments must also ensure access and structural shifts in economies qualifications needed for doing a to technical and vocational education as they develop. With the rapid 'lifetime' job to the skills needed and training (TVET). expansion of basic education in most to do specific tasks in jobs that are Quality. The quality of education developing countries, the emerging constantly changing. service provision should be challenge is to provide education This is especially relevant for young conducive to quality learning and services and skills that enable people entering the workforce. teaching, and help reduce repetition onliin the cor mrt Approximately 75 million young and dropout rates. The programs, but at the loal lvel ae people in the developing world curricula, teacher training and are unemployed, and youth teaching practices, and teaching unemployment rates are 2 to 4 times aids must help build a knowledge as high as those of adults in most economy. Despite the increase in Given the complexity of this issue, countries. To be productive and schooling, firms around the world there is no single indicator that can employable members of society, complain about lack of skilled capture the transition of youth into their education must equip them workers. In Latin America, about 35 labor markets. with relevant market skills that blend percent of firms identify inadequate The World Bank Group's (WBG) knowledge and technical knowhow workforce skills as a major constraint. Systems Approach for Better with soft and hard skills. Employers In the Middle East and North Africa, Education Results (SABER)- want workers who have technical about 28 percent of all production Workforce Development initiative expertise, communication skills, can workers are 'unskilled'. Further, focuses on the effectiveness of work collaboratively in teams and education that encompasses the education and training system know how to analyze problems by information technology and in generating skills demanded thinking critically. computer skills are a must in today's by employers and the workplace. world. Frequent use of computers on A diagnostic tool, developed on Key Issues the job is associated with around 108 the basis of knowledge of global Access. Government policies percentage point increase in hourly good practices in enhancing must promote equity in access to earnings, on average, linkages between skills supply and education and learning. Of the Relevance to the job market. demand, it helps inform policy many policies under the control of Educating for job market relevance dialogue on strategies for workforce governments, the allocation of public is crucial in today's world. Education development in low- and middle- spending is probably one of the institutions must link their higher income countries. G ~ ~ ~ ~ ~~~~~t aOLBNKRU qualit eduatin.oge Re tn o ree cto.olbnkog@b-dcto Further, the WBG's Skills Towards women. In addition, the country have received stipends and 29,700 Employment and Productivity (STEP) has consolidated and increased the trainees received training from these program is the first ever initiative to coverage of a lifelong learning and training providers, 25 percent of measure skills in low and middle- competency-based training system them being women. income countries. It provides policy- for disadvantaged adults. Argentina Africa Centers of Excellence: relevant data to enable a better also invests in the less skilled It is not sufticient for economies understanding of skill requirements in through additional education and to generate jobs; countries must the labor market, backward linkages training for school leavers who have also ensure that higher education between skills acquisition and not completed secondary education. is aligned with the current and educational achievement, personality, Bangladesh: The Skills and Training foreseeable needs of society, so and social background, and forward Enhancement Project is helping that there is a steady supply of skills. linkages between skills acquisition to ensure better employment In Africa, the WBG s supporting and living standards, reductions opportunities for the Bangladeshi the Africa Centers of Excellence in inequality and poverty, social labor force, in both local and program (ACE) with a focus on inclusion, and economic growth. overseas job markets, including science, technology, engineering Resultsthose from disadvantaged and mathematics (STEM)-related Resltssocioeconomic backgrounds. The disciplines. The program is helping Argentina: Through the Lifelong project has strengthened public to build regional expertise and Learning and Training Project, and private training institutions education in areas of growth in Argentina delivers employment to improve skills training and the economy, such as extractive and training services to more than employability of trainees. Since industries, energy, water, and two million unemployed workers 2010, about 69,000 diploma students infrastructure, as well as in the fields and youth, of which about half are from 93 polytechnic institutions of health and telecommunications. G WORLDBANKGROUthroghPaditoald eduor/uation nd ee cainwrdba .r wb-dcto