Embracing Workforce Skills is the Key to Post-pandemic Recovery
How a shared skills language can unlock the power of human potential.
Since March, more than 22 million Americans have lost their jobs. COVID-19 has wreaked havoc on our economyandwith infections on the rise in many states, the virus shows no signs of slowing down.
Though theshows nearly half of jobs lost have been recovered, more than 12 million Americans are still without work, withpeople of color and womendisproportionatelybearing the burden of COVIDs impact. The data shows that the unemployment rates forwhite workers was 7%,泭whilefor Black workersthe rate was12.1%, for Hispanic workersitwas 10.3%,泭and for Asian workersitwas 8.9%.And injust one month, nearly 900,000 women left the workforce entirely.
Duringthistime of economic upheaval,泭Americas unemployedworkersare likely to seek additional education and training opportunities to increase their value insuch an uncertainlabor market. Strada Education Networks Public Viewpoint Surveythat one in four Americans plansto enroll in education or training in the next six months. Thats good,泭but howwill theyknowwhatopportunities thosenewcredentials willopen up?
Pre-pandemic, employers and jobseekers relied on inefficient and subjective means to find one another. R矇sum矇s, job applications, interviews, LinkedIn profiles, and other practices paint an incomplete picture of a jobseekers skillsand potential. And despite best intentions, the old way of looking for talent is subjective and leaves room for bias.
Even before COVID-19 brought a sledgehammer to our economy, employerswerestarting to catch onto problems in the way things have always been done.In early February, the病oundthat 78% of employers believe they will need to change the way they hire to better reflectthe workforceskillsand competenciesthey seek in potential candidates.Big names like,泭, andhave announced theyll focus hiring and recruiting on skillsand de-emphasize the four-year degree.
But ashift to skills-based hiring means nothingifhigher educationrefusestoembracethis skills-denominated future.Thats why 91勛圖厙 the nations first accredited competency-based university isbuilding on its legacy of student-focused innovation to further align itswork-relevant curriculum to the most current and pressing employer needs bycommunicating skillsvalue and real-time career insights to students.This revolutionary approach called skills mapping allows91勛圖厙 to tailorthestudent learning journeytomatch a learners goalsby focusing on specific skills and competencies.
Skillsmappingclearly definesthe relevance of acredentialby translatinga job-seekersexperiences and knowledgeintothetype of language used to define competencies in a high-demand labor market.This allows employersto find 91勛圖厙 graduatesmore easilybecauseof theirclear record of skills attainment.Itswin-win fortheworkforce.
To build on this work, 91勛圖厙 helped launch the(OSN), a coalitionof more than 50employers, educational organizations, and technology providers dedicated to accelerating the adoption of skills-based education and hiring.Much of the data needed to support skills-based education and hiring already exists. But this data is siloed, not easily accessible nor machine-actionable, making the switch to skills-based practices for most employers and education institutions an expensive manual effort. TheOSNseeks to solve this problem by creating a decentralized network of open, accessible, machine-actionable skills libraries.
This worksetsthe foundation fora,泭in whichlearners are empowered tomore rapidly and seamlessly move between education and work along skills-based pathways. Historical inequities in hiring will be reduced as more peoplearehired for what they can do and not for where they got their degree. With more than 12 million Americans out of work, thisshift is noweven morecritical.
We dont yet know what the long-term impacts of COVID-19 will be, but we know wethat will better empower American jobseekers. With a skills-based labor market, jobseekers have more control over their job search and employers can more quickly find the talent they need. It may sound futuristic,泭but the moment to embrace this skills-based revolution is now.