Extant research suggests that investment in skills is likely to have a positive effects on productivity levels and growth rates. The COVID-19 pandemic has caused significant disruption to the education system and to workplace training. On the basis of experience of previous recessions, the most immediate impacts of the lockdown of the education system and the reduction in output in sectors such as hospitality, are likely to be felt by young people. In turn they are at risk of longer-term ‘scarring’ if subject to prolonged unemployment. This chapter explores key questions relating to skills development with implications for productivity, including: (1) How well equipped is the skills and learning system is to respond to the crisis of the COVID-19 pandemic? (2) Does the crisis provide an opportunity to enact change in the skills system, and if so, what form might this take? (3) (How) does the crisis impact on the capacity of employers to take on young people on work experience, as apprentices, etc.? (4) (How) does the crisis impact on the change in skills and attributes employers require and what does this mean for workers and for lifelong learning?
|Title of host publication||Productivity and the Pandemic|
|Subtitle of host publication||Challenges and Insights from Covid-19|
|Editors||Philip McCann, Tim Vorley|
|Publisher||Edward Elgar, Cheltenham UK|
|Number of pages||15|
|ISBN (Print)||9781800374591, 9781800374614|
|Publication status||Published - 22 Jan 2021|