Workers face less stability and more risk While freelancing and the gig economy offer flexibility, there are distinct trade-offs. These inequities perpetuate disparities in wages, earnings, and lifetime incomes. And in the workplace, employers often pay for only the more educated members of their workforce to advance their skills. Workers do not have equal access to training Public funding for all levels of education is still unequally distributed and is often based on location and family circumstances. Many workers may need to immediately acquire new knowledge and skills, but there is no well-defined path for them to acquire what they need to succeed. Workers need to re-skill but have no clear path forward Automation and shifting consumer demands have made some of the skills that individuals learned years ago obsolete. But like a black-and-white television set, it is a system that was "good for the time." The system underperforms in today's fast-paced and changing world in which lifelong learning is essential. Our workforce development and employment system has changed little since the mid-20th century. What's Wrong with America's Workforce Development and Employment System? The study pinpoints the ways in which the system is failing many and envisions how educators, employers, workers, and other stakeholders can rebuild the current system to bring about much-needed transformation. RAND Corporation researchers took a systems approach to rethinking the current workforce development and employment system. Some employers struggle to find workers who have the kinds of skills and knowledge needed to keep their companies well staffed and competitive over the long term. But they also increasingly value such skills as effective communication and critical thinking to facilitate teamwork and meet expectations of ongoing innovation.Īs a result, some workers find that their knowledge and skills are no longer up to date or even necessary and that employers no longer offer stable employment and benefit packages. Employers still need workers who come to jobs with industry-specific knowledge. The American workplace has changed profoundly over the past 40 years, and it continues to evolve. Photo by wsf-f/Adobe Stock A Much-Needed Transformation
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