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More Than Just Jobs

Workforce Development in a Skills-Based Economy

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"Job placement” has been the traditional goal of labour and employment policies, but this report argues otherwise. To stay competitive in a globalised economy, governments must also strive to enhance the skills of workers, increase their productivity and provide upward mobility to immigrants and the disadvantaged. This report provides valuable insights into how labour policies can be expanded to meet economic development and social cohesion goals, while also reconciling national and local concerns.   Studies from seven OECD countries are presented (Australia, France, Germany, Japan, Korea, the United Kingdom and the United States), each analysing attempts to expand workforce development policies and bridge the gap between national and local initiatives. Included are various types of government/private sector partnerships in the United States, regional training in France and Australia’s efforts to customise policies to local needs. Based on the country studies, the report then makes specific recommendations and suggestions on how workforce development policies can be expanded and improved.

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Korea: Proposal for a New Type of Partnership

Macroeconomic policy challenges that range from economic growth and unemployment to inflation and social polarisation issues call for a dynamic and healthy labour market. Job-skill mismatch in the changing economic environment can be minimised by building an economic and social system that provides equal opportunity to nurture “knowledge workers” and improve job skills, and by creating a Learning and Job Information Centre (LJIC) to reduce asymmetric information flow in both the labour market and the education sectors. Regional Economic and Social Advancement Partnerships (RESAP) should be designed to develop human resources in a knowledge economy.

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