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WINNING THE SKILLS RACE IN A GLOBALLY COMPETITIVE WORLD Skilling the Community “Preparing for the Upturn” Conference July 16, 2009. Nuclear electricity generation, 2006. Source: OECD, Factbook 2008. Global economy. In 1981, 40% of world’s population lived on $1/day
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WINNING THE SKILLS RACE IN A GLOBALLY COMPETITIVE WORLD Skilling the Community “Preparing for the Upturn” Conference July 16, 2009
Nuclear electricity generation, 2006 Source: OECD, Factbook 2008
Global economy • In 1981, 40% of world’s population lived on $1/day • In 2007, 18% of world’s population lived on $1/day • In 2015, 12% will live on $1/day
Global economy cont. • In first 7 years of 21st century • World’s economy grew at its fastest rate in four decades • Income per person across the globe rose at 3.2%, the fastest of any period in history since we began to keep records • Global economy grew from $23T in 1990 to $53T in 2007; global trade increased by 133%
Ratio of population aged 65 and over to the total population (Percentage) Source: OECD, Factbook 2009
Ratio of inactive elderly population aged 65 and over to the total labour force (Percentage) Source: OECD, Factbook 2008
Employment rates: total (Share of persons of working age, 15-64 years, in employment) Source: OECD, Factbook 2009
Employment rates, men and women (Share of men/women of working age, 15-64 years, in employment) Source: OECD, Factbook 2009
Employment rates by age group(Persons in employment as a percentage of population in that age group) Source: OECD, Factbook 2009
Decline in European Population Source: Population Division of the Department of Economic and Social Affairs of the United Nations Secretariat, World Population Prospects: The 2006 Revision and World Urbanization Prospects: The 2005 Revision
Foreign-born Population as a Percentage of the Total Population Source: OECD Factbook, 2009
Poverty rates and poverty gaps(mid 2000s) Source: OECD, Factbook 2009
Characteristics of the educated worker • Well trained in ways that allow her to enter the workforce prepared to work • Educated sufficiently well in literacy, numeracy, critical analytical capacity to be able to: - Work and communicate with others - Conceive and ask the unstructured question - Determine a response - Communicate either the problem or the solution to a supervisor or co-workers as necessary - Learn new skills frequently and quickly
Mean Reading Scores, PISA 2006 1 2003 score Source: OECD, Factbook 2009
Mean Science Scores, PISA 2006 Source: OECD, Factbook 2009
Mean Mathematics Scores, PISA 2006 Source: OECD, Factbook 2009
Life expectancy at birth: total (Number of years) Source: OECD, Factbook 2009
Percentage of Population which has Attained Tertiary Education, by age group (2006) Source: OECD, Factbook 2009
Youths aged between 15 and 19 who are not in education nor in employment (As percentage of persons in that age group) Source: OECD, Factbook 2009
World Unemployment Rates (2009) Source: Trading Economics
Gross domestic expenditure on R&D (as a percentage of GDP) Source: OECD, Factbook 2009
What kind of education will be most effective in creating the new worker? • Flexible structure • Geographically accessible • Affordable • Personalized • Relevant • Collaborative at faculty level • High, demanding standards • Respond quickly to demands of business cycle
Expenditure per student in tertiary education, 2005 1 Public expenditure only Source: OECD, Factbook 2009
Contribution of labour productivity and labour utilization to GDP per capita (Percentage change 2001-2006, annual rate) Growth in labour utilisation Growth in GDP per hour worked + = Growth in GDP per capita Source: OECD, Factbook 2009
Contribution of labour productivity and labour utilization to GDP per capita (Percentage change 2001-2007, annual rate) Source: OECD, Factbook 2009
College Readiness System I. Establish a curriculum based on college readiness standards • Standards for College Success • SpringBoard • Advanced Placement Program
College Readiness System cont. II. Ensure participation in rigorous academic courses • AP Potential • SAT Readiness Program • Teacher professional development
College Readiness System cont. III. Monitor student progress • PSAT/NMQST • SAT • SAT Subject Tests
College Readiness System cont. IV. Facilitate college, career, and financial planning • College Awareness and Planning Tools • CollegeEd • My College QuickStart and MyRoad • Financial Aid EasyPlanner Tools
Ronald A. Williams Vice President The College Board 1233 20th St., NW, Suite 600 Washington, DC 20036-2375 202-741-4702 phone 202-741-4743 fax rwilliams@collegeboard.org rwilliams@collegeboard.org