Receive our newsletter – data, insights and analysis delivered to you
  1. Special Focus
  2. Covid-19
February 2, 2021

Covid highlights how the US fails to re-skill its unemployed

By Paul Dennis

2 February

David Deming, an economist and professor of public policy at the Harvard Kennedy School, retweeted an article on leaders warning that the US is almost uniquely ill-equipped to help people who have lost their jobs during the pandemic to gather new skills and prepare for new careers.

Workforce experts believe that there is no central place for the unemployed people to turn to for re-training for new jobs, and this could have lasting effects.

In addition, overlapping and confusing job training programmes scattered across the country with less coordinated efforts on what training might be necessary to obtain by employers, have left many wary about their investment in training actually paying off or not.

Nearly 11 million people are jobless in the US since the Covid pandemic struck in the spring last year.

The country is historically known to do a poor job at helping people who have been displaced due to offshoring, recessions, automation, and other economic dislocation.

Content from our partners
Extractables and leachables analysis in pharmaceutical quality control
How Hengst helped to keep Germany’s charity “star singers” shining
Why this global life sciences COO believes relocation to Charleston, SC, was key to achieving next-level success

As data suggests, the country invests less in its workforce development, just about 0.11% of its GDP, than many other developed nations.

Read more

Related Companies

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The pharmaceutical industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU