Higher Productivity Labor
It is increasingly acknowledged that training and skills development is an essential complement to general education in equipping people to grasp opportunities in the world of work leading to a reinvigorated and more productive work force. Higher levels of educational attainment lead to a more skilled and productive labor, producing more efficiently a higher standard of goods and services, which in turn forms the basis for faster economic growth and rising living standards. Effective partnerships between governments, employers’ and workers’ organizations, and training institutions and providers are critical to anchor the world of learning in the world of work.