Education institutions must champion reskilling revolution

Education institutions must champion reskilling revolution - Hello loyal readers FeedGoogle, In the article you are reading this time with the title Education institutions must champion reskilling revolution, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

We are facing a reskilling emergency. According to the World Economic Forum, 42 percent of the core skills within roles on average are expected to change by 2022. As jobs evolve within the next two years, so will the skills required to perform them. This is the reality that we have to adapt to, but we have yet to equip our people with the skills required for this new economy. In April alone, the Malaysian unemployment rate spiked to five percent as the number of unemployed persons increased by 48.8 percent to almost 779 thousand. Meaningful reskilling efforts must be made as the problems that we will face in this age of new norms are not just limited to job skills mismatch but also the possibility of a future without “jobs”. Digital transformation is materialising faster than predicted due to the pandemic outbreak, and it stops for no one. Companies are understandably shifting tow…