There is a growing disconnect between the outcomes of U.S. education and training programs and the types of skills and experience that employers value. This limits career and education options for Americans without a college degree and makes it more difficult for employers to find and retain qualified talent.
Minor tweaks won’t fully address this problem, Annelies Goger, Katherine Caves, and Hollis Salway argue. In a new report, they highlight the immense value of work-based learning opportunities and explain how employers can boost these programs by taking on a more active role in the education and training system.
An analysis of post-pandemic inflation. Ben Bernanke and Olivier Blanchard examine the factors contributing to inflation in 11 economies across the world. “Relative price shocks and sectoral shortages drove the initial surge in inflation, but as these effects have reversed, tight labor markets in most (although not all) countries have become a relatively more important factor,” they find.
Africa’s AI policy landscape.With African consumers, educational institutions, governments, and companies rapidly adopting AI tools, establishing robust AI governance measures across the continent is necessary to implement effective safeguards, say Charles Asiegbu and Chinasa T. Okolo.
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