Skills: The global currency of the 21st century

Posted By Andreas Schleicher

23 May 2012

Skills transform lives and drive economies. Without the right skills, people are kept on the margins of society, technological progress does not translate into economic growth, and countries can’t compete in today’s economies. But the toxic co-existence of unemployed graduates and employers who say that they cannot find the people with the skills they need, shows that skills don't automatically translate into better economic and social outcomes. With this in mind, the OECD has put together a strategy that aims to help countries transform skills into better jobs and better lives.

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