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Around the world, 2020 has emerged as one of the most challenging years in many of our lifetimes. In last year, the world has endured multiple challenges, including a pandemic that has spurred a global economic crisis. As societies reopen, it’s apparent that the economy in 2021 will not be what it was in 2020. Increasingly, one of the key steps needed to foster a safe and successful economic recovery is expanded access to the digital skills needed to fill new jobs. And one of the keys to a genuinely inclusive recovery are programs to provide easier access to digital skills for people hardest hit by job losses, including those with lower incomes, women, and underrepresented minorities.

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To help address this need, today IVESC cooperates Microsoft is launching a global skills initiative aimed at bringing more digital skills to more people. It will be grounded in three areas of activity:

 

(1) The use of data to identify in-demand jobs and the skills needed to fill them;

 

(2) Free access to learning paths and content to help people develop the skills these positions require;

 

(3) Low-cost certifications and free job-seeking tools to help people who develop these skills pursue new jobs.

 

Employees will also need to skill and reskill through their careers, and we want to make it easier for employers to help. Our vision is a connected “system of learning” that helps empower everyone to pursue lifelong learning. That is why we are also announcing today that new standards to help employers upskill new and existing employees. This will bring together best in class content from third-party training providers, and a company’s own learning content and make it all available in a place where employees can easily learn in the flow of their work.

 

Within only a few months, COVID-19 has provoked a massive demand shock, setting off job losses that far exceed the scale of the Great Recession a decade ago. The world will need a broad economic recovery that will require in part the development of new skills among a substantial part of the global workforce.

 

The pandemic has shined a harsh light on what was already a widening skills gap around the world – a gap that will need to be closed with even greater urgency to accelerate economic recovery. This longer-term disconnect between supply and demand for skills in the labor market appears to be driven by three primary long-term factors: (1) the rapid emergence of AI-powered technologies that are propelling a new era of automation; (2) the growing need for technological acumen to compete in a changing commercial landscape; and (3) the drop-off in employer-based training investments over the past two decades. Navigating these challenges to close the skills gap will require a renewed partnership between stakeholders across the public, private, and nonprofit sectors.

 

As we look to the future, we can draw insights from recessions in the past. Although recent recessions differed in their causes, each followed a trend of shedding low-skilled jobs and gradually replacing them with less automatable roles. In the late 1960s, roles that involved repetitive tasks involving manual work made up 34% of all jobs. These have been easier to automate, and as a result these jobs have now shrunk to 26% of all jobs. By contrast, jobs involving heavy cognition and problem-solving have simultaneously risen from 22% to 34%.

 

This pattern is poised to repeat itself, with an added emphasis on a jobs recovery that requires an increasing focus on digital skills. There are two reasons this appears likely.

 

First, in the shorter-term COVID-19 will continue to lead to unprecedented reliance on digital skills. In many situations, some workers may spend several months or longer in a “hybrid economy,” where some will be in the workplace while others continue to work from home. The shorter-term “hybrid economy” is a more digital economy. With continued consumer and employee reliance on almost “remote everything,” we can expect digitization of the economy to continue to advance at an accelerated speed. And as companies respond to a recession by increasing efficiency, this need for digital transformation will increase even further.

 

Second, the economic recovery will take place amid the longer-term and already-unfolding wave of automation based on the new technologies that underpin what some have called the Fourth Industrial Revolution. Over the next five years, we estimate that the global workforce can absorb around 149 million new technology-oriented jobs. Software development accounts for the largest single share of this forecast, but roles in related fields like data analysis, cyber security, and privacy protection are also poised to grow substantially.

 

Exacerbating the challenge is the fact that existing training is not reaching the populations who need it most. On-the-job training far outpaces distance learning and other alternative modes, limiting options for prospective employees. Perhaps more significantly, on-the-job training is more than two times as prevalent among workers who are already in higher-skilled roles, leaving those in more automatable positions even more vulnerable to displacement.

 

We will provide the following certification:

 

Software Developer

Sales Representative

Project Manager

Customer Service Specialist

Digital Marketing Specialist

Data Analyst

Financial Analyst

Graphic Designer

 

Finally, we are committed to developing and making available new courses and content that will focus on the skills needed to develop, deploy, and use technology in a responsible way. We recognize that issues such as privacy, security, digital safety, and the responsible application of artificial intelligence will continue to become even more important in the months and years ahead. We are committed to leading on these issues, not only for our own technologies but in assisting others to master needed skills as well.

 

We have found that these certifications are a powerful asset for job seekers and those looking to advance in an existing role. For example, in Global Knowledge’s 2019 IT Skills and Salary Report, more than half of IT decision-makers surveyed believe the main benefit of certified individuals is their ability to close organizational skills gaps seen in an everchanging technology environment. It also showed certifications helped make hiring easier, helping job seekers stand out.