Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx

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Iván Bornacelly, Policy Analyst at the OECD Centre for Skills, OECD, presents at the webinar 'Tackling job market gaps with a skills-first approach' on 12 June 2024

Beyond degrees
Empowering the workforce in the context of Skills First
Iván Bornacelly
OECD Centre for Skills
12 June 2024

From qualifications to skills, three stylised facts:
Skills
shortages
Alternative
ways of training
Focus on Skills
The percentage of employers experiencing
difficulties filling job vacancies went from 39% to
74% in OECD countries in the last decade
In EU countries, participation in non-formal and
informal learning reached 41% and 60% in
2022, respectively.
Employers are transitioning towards implementing
skill-based hiring approaches, In the US, the number
of OJPs with no degree requirements in 2022 was
5X higher than in 2014
2
Sources: Manpower (2024), Global talent shortage; Adult Education Survey (2022); Sigelman, M., Fuller, J., Martin, A. (2024). Skills-Based Hiring: The Long Road from Pronouncements to Practice. Published by Burning Glass Institute

3
A project to understand, analyse and explore skills-first approach
Understand the skills-first
approach in the labour
market
Analyse the effect of skills
signalling
Outline key strategies and
police implemented by
stakeholders to foster and
enable skills signalling

Who can potentially benefit from skills-first approaches?
Proportion of potential beneficiaries by sociodemographic characteristics in (EU average)
Note: This figure includes (1) workers with upper secondary education o less who are looking for another job; (2) Jobseekers with upper secondary education or less, and (3) Individuals out of the labour force with upper
secondary education or less who stop seeking for jobs due to lack of suitable jobs. The category ‘upper secondary education or less’ excludes individuals with vocational upper secondary education.
Source: LFS 2022 for EU countries.
On average EU countries, relaxing degree requirements could benefit 23% of the workforce: (1) by improving job matching and
employability by 20%; and (2) by including individuals who are outside of the labour force due to unsuitable job availability in 3%
EU
average,
23%

> NODO offers flexible, stackable
credentials catered to students keen to
break into tech and AI industries. It
blends hands-on learning and specific
course subjects with initiatives to
connect graduates with prospective
employers
> Europass, or the European Digital
Credentials, are statements issued
by an organisation to a learner,
documenting their skills. Issued on
the Europass platform, they
validate and certify individuals’
skills.
Making learning opportunities
more flexible and tailored to
diverse learners
Promoting skill signalling in the
labour market through facilitating
communication and validating skills
> Seeks to expand economic
opportunities for individuals who
have gained skills through non-
traditional paths by promoting
partnerships with employers
Reaching underrepresented
groups via the skills-first
approach.
Strategies to create a more adaptable and inclusive workforce through skills-first approach
5

Beyond degrees
Empowering the workforce in the context of Skills First
Iván Bornacelly
OECD Centre for Skills
ivan.bornacelly@oecd.org
12 June 2024

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