From OECD and by Andreas Schleicher: this excerpt below reflects what I have just posted about our skills crisis and the reworking of our post-secondary education – Published in the Green Paper recently. It also reflects the article by Thomas Friedman posted a few days ago.
“…Moreover, this new ‘currency’ depreciates as skill requirements of labor-markets evolve and individuals lose the skills they do not use. The toxic coexistence of high unemployment and skill shortages in many countries today illustrates that producing more of the same graduates is not the answer. To succeed with converting knowledge and skills into jobs, growth and social outcomes which nations require, we need to develop a better understanding of those skills that drive strong and sustainable economic and social outcomes; we need to ensure that the right mix of skills is being taught and learned over the lifecycle of people; we need to develop effective labor-markets that use their skill potential; and we need better governance arrangements with sustainable approaches to who should pay for what, when and where. OECD’s new Skills Strategy is now providing a framework to support countries with building, maintaining and using their human capital to boost employment and growth and promote social inclusion.”
http://oecdeducationtoday.blogspot.co.uk/2012/03/knowledge-and-skills-are-infinite-oil.html (accessed 19/03/2012). Please view to see the whole article.