White House Council on 'Reskilling Challenge'

According to Inside Higher Ed , the Council of Economic Advisers (CEA) this week issued a report outlining the importance of reskilling America's workers for the jobs of the future. In the United States, investment in skill development is largely "front-loaded" during the first 25 years of life. However, such factors as renewed economic growth, a booming job market, and the evolving nature of work are resulting in changes in the skills U.S. employers need and are leading to new and different opportunities for American workers. The report described an information gap between employers, workers, and educational institutions about which skills companies want in their job candidates. According to CEA, "While employers presumably know which skills they value in an employee, workers themselves and educational institutions have less up-to-date knowledge, and their response lags behind the changing demand."