The new economy makes one overriding demand of education: constantly and consistently retrain millions of workers, quickly and at little to no expense for the employer. The new economy is marked by four characteristic changes to the relationships that underpin our social contract: people are frequently changing jobs and employers over their working lifetimes (job mobility); firms place greater reliance on contract, term, and temporary labor (labor flexibility); there is less reliance on employers for income growth and career progression (declining internal labor markets); and workers are
...more
