At the beginning of 2023 there is a global skills shortage, a cost-of-living crisis, the IMF saying that half of the European Union and a third of the world economy will be in recession this year, low unemployment and a number of people who have decided to just leave the workforce: a perfect storm for industry.
With so many factors affecting industry simultaneously, something needs to change with both their recruitment and upskilling training. Industry needs ‘X’, the people out there looking for jobs have ‘Y’. This ‘Y’ may be that that they have some of the skills needed, or that they are coming from an industry which is transitioning to something different but with some transferrable skills. It is said that 99% of skills can be learned, it’s the person that matters. How can this be rectified to get X and Y together? My solution is micro-credentials.