Summary:
Degreed, the leading workforce upskilling platform, has uncovered that business investment in developing skills has not kept up with the growing demand for new skills during the pandemic. Yet, nearly half of businesses (46%) have reduced their upskilling opportunities in the past six months. Nearly half (46%) of global workers also say they are likely to leave their employer if there are no upskilling opportunities. Yet just as upskilling became vital to economic recovery, most organizations have cut investment in learning and development opportunities. We already know the global skills gap is costing trillions of dollars in lost GDP..