Reskilling America can’t wait.
Over 100 million will need to reskill in the next decade to secure their spot in the economy of the future.1
But right now, 4 out of 5 workers report significant challenges in trying to develop their skills and advance their careers.2
If we want to create a future of work that works for everyone, we need to rebuild the pathways for career mobility.
It’s not just workers who will benefit; companies stand to gain, too.
In today’s high-pressure labor market, a lack of advancement opportunities was the number one reason employees left their jobs last year.3
When companies invest in their employees, it creates a virtuous cycle of growth.
Employees are incentivized to grow, which helps businesses grow, which helps our economy grow.
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Footnotes
- What is the future of work? (n.d.). McKinsey & Company. https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-the-future-of-work
- [Report] Guild’s American Worker Survey Report | the New “Up or Out.” https://info.guildeducation.com/guilds-american-worker-survey-report
- The Great Attrition is making hiring harder. Are you searching the right talent pools? (n.d.). McKinsey & Company. https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/the-great-attrition-is-making-hiring-harder-are-you-searching-the-right-talent-pools