The Economic Perspective: “New Educational Options”

This is Mary Walden with economist MW welcoming you to the economic perspective.  Today’s program looks at new educational options.  Mike, many futurists predict education will be at the core of an expected overhaul of the labor force as technology changes the nature of jobs.  But will this necessitate a change in how education and skill training are delivered?

 

Mike:  Summary Answer

  • Many say, yes will need to change how people are educated and skilled with the rise in technological unemployment
  • Will have more short-term training in particular skills
  • Will be done by public institutions, private groups, and even businesses
  • Will require months rather than years
  • Needed for those older workers requiring re-training in mid-career
  • But even young people just out of high school may prefer this
  • May not be interested in broader education, and will may want to avoid student debt
  • I’m MW

 

Mary:  And I’m Mary Walden for the Economic Perspective, an NC State Extension program from the Department of Agricultural and Resource Economics.