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Education to Employment Report

Sagence thoughts on McKinsey & Company's report 'Education to Employment: Designing a system that works.'

This report (found here) was published by McKinsey&Company, McKinsey on Society

We need to re-share this incredibly important report that was first published in 2013.  The findings highlight challenges that still plague young workers across many nations. The past several years have seen attention to, but a seeming lack of progress on the need to better connect work aspirations to higher education. Competency based education is one of the best strategies to do this. CBE design and delivery allows young people with academic credentials to flexibly gain targeted additional work skills on their schedules, without having to spend yet another year or three pursuing a traditional degree, and accruing more student debt.

This report focuses on "how around the world, governments and businesses face a conundrum: high levels of youth unemployment and a shortage of job seekers with critical skills. How can a country successfully move its young people from education to employment? What are the challenges? Which interventions work? How can these be scaled up? These are the crucial questions."

The report provides a troubling opening. Half of the recent college graduates are not sure that their postsecondary education has prepared them for the jobs and careers they desire, while over 40% of businesses say their entry level jobs go unfilled because of mismatch in skills.  

Of course this is a many faceted issue, but it feels like we have made too little progress. Competency based education programs are almost always designed to bridge that gap between academic learning and the skills and knowledge required to enter the workforce. 

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