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Classified in: Business, Covid-19 virus
Subjects: NPT, ECO, AVO

CED Urges Policymakers and Business Leaders to Help Train and Ready Workers for the Post-COVID-19 Economy Now


WASHINGTON, Aug. 3, 2020 /PRNewswire/ -- Despite the efforts of policymakers and business leaders to keep as many people employed as possible in the wake of COVID-19's devastation, tens of millions of Americans are out of work or uncertain about the future of their current jobs, and millions of workers will likely be permanently displaced.

Meeting the Upskilling Challenge: Training in the Time of COVID-19, the latest solutions brief from the Committee for Economic Development of The Conference Board (CED), calls on policymakers and business leaders to immediately help those furloughed or unemployed workers train to prepare for the post-COVID-19 economy as a top priority for recovery, and then turn to developing a comprehensive, collaborative, longer-term training strategy. 

Even prior to the start of the pandemic, skills disruption had challenged the US workforce with emerging technologies, potentially changing which skills are in demand.

"The pandemic's whirlwind destruction has accelerated the innovative use of technology in the workplace, while at the same time hurt less-educated workers the most," said Lori Esposito Murray, President of CED. "These two trends threaten to deepen inequality and add to the urgency of the upskilling and training challenge. This challenge needs to be addressed immediately."

In response to the immediate demands of the COVID-19 crisis, CED recommends:

Post-COVID-19, a comprehensive, collaborative, longer-term strategy to improve public-private?supported large-scale training efforts should include:

Read the solutions brief, Meeting the Upskilling Challenge: Training in the Time of COVID-19, here.

About CED 
The Committee for Economic Development is the Public Policy Center of The Conference Board that delivers well- researched analysis, and non-partisan, reasoned solutions in the nation's interest. www.ced.org.

About The Conference Board 
The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org

 

SOURCE Committee for Economic Development of The Conference Board (CED)


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