I’ve referenced several times the good work that Georgetown University’s Center on Education and the Workforce is doing in predicting the educational preparedness (or lack thereof) of the workforce in relation to the anticipated jobs growth in the United States. Anthony P. Carnevale and his colleagues have just published Recovery: Job Growth and Education Requirements Through 2020. This is a follow up to their 2010 publication, Help Wanted: Projection of Jobs and Education Requirements Through 2018.
The bad news is that the educational preparedness of the U.S. workforce is getting worse as we look to the future. Without systemic changes to the U.S. post-secondary education system, the economy will now fall 5 million workers short with post-secondary degrees by 2020 – an increase of 2 million from their projection of a 3 million shortfall in 2018.