2012 SHEEO Higher Education Policy Conference. Working with business leaders and responding to changing workforce needs Nicole Smith August 2012. Universal Challenges. Recessions accelerate process of skills-biased technological change.
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Working with business leaders and responding to changing workforce needs
SOURCE: The Georgetown University Center on Education and the Workforce analysis of Census and O*NET data
Wage growth by education level for men
Wage growth by education level for women
Source: Center on Education and the Workforce Analysis
About the past 40 years. 65 percent $772 billion on education and training is spent outside of the formal postsecondary education system. (in billions of dollars)
Physical and mechanical skills are on the decline cognitive competencies
Impact Those “At Risk”: