

"Reskilling" is something that sounds like a buzzword but is actually a requirement if we plan to have a future in which a lot of would-be workers do not get left behind. We know we are moving into a period where the jobs in demand will change rapidly, as will the requirements of the jobs that remain. Research by the World Economic Forum finds that on average 42 percent of the "core skills" within job roles will change by 2022. That is a very short timeline.
The question of who should pay for reskilling is a thorny one. For individual companies, the temptation is always to let go of workers whose skills are no longer in demand and replace them with those whose skills are. That does not always happen. AT&T is often given as the gold standard of a company that decided to do a massive reskilling program rather than go with a fire-and-hire strategy. Other companies had also pledged to create their own plans. When the skills mismatch is in the broader economy though, the focus usually turns to government to handle. Efforts in Canada and elsewhere have been arguably languid at best, and have given us a situation where we frequently hear of employers begging for workers even at times and in regions where unemployment is high.
With the pandemic, unemployment is very high indeed. In February, at 3.5 percent and 5.5 percent respectively, unemployment rates in Canada and the U.S. were at generational lows and worker shortages were everywhere. As of May, those rates had spiked up to 13.3 percent and 13.7 percent, and although many worker shortages had disappeared, not all had done so. In the medical field, to take an obvious example, the pandemic meant that there were still clear shortages of doctors, nurses and other medical personnel.
Of course, it is not like you can take an unemployed waiter and train him to be a doctor in a few weeks. But even if you cannot close the gap, maybe you can close others, and doing so would be to the benefit of all concerned. That seems to be the case in Sweden: When forced to furlough 90 percent of their cabin staff, Scandinavian Airlines decided to start up a short retraining program that reskilled the laid-off workers to support hospital staff. The effort was a collective one and involved other companies as well as a Swedish university.
1. Research by the World Economic Forum suggests .
[A] an increase in full-time employment
[B] an urgent demand for new job skills
[C] a steady growth of job opportunities
[D] a controversy about the "core skills"
2. AT&T is cited to show .
[A] an alternative to the fire-and-hire strategy
[B] an immediate need for government support
[C] the importance of staff appraisal standards
[D] the characteristics of reskilling programs
3. Efforts to resolve the skills mismatch in Canada .
[A] have driven up labour costs
[B] have proved to be inconsistent
[C] have met with fierce opposition
[D] have appeared to be insufficient
4. We can learn from Paragraph 3 that there was .
[A] a call for policy adjustment
[B] a change in hiring practices
[C] a lack of medical workers
[D] a sign of economic recovery
5. Scandinavian Airlines decided to .
[A] create job vacancies for the unemployed
[B] prepare their laid-off workers for other jobs
[C] retrain their cabin staff for better services
[D] finance their staff s college education

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