Coursera released its latest Global Skills Report, sharing key insights into business skills and technology skills in the United States and around the world. The report points to accelerating digital transformation, inflation and global instability as factors driving the growing demand for digital skills.
According to Coursera: “The Global Skills Report draws data from 100 million students in more than 100 countries who have used Coursera to develop a new skill in the past year. The report compares three of the most in-demand areas of expertise driving employment in the digital economy: business, technology and data science. “
The report ranks the United States in 29th place for overall competence in skills, lagging behind countries in Asia and Europe. The country’s technology skills fell from 69% in 2021 to 43% in 2022. Data science skills fell from 73% to 54% in the same year. Interestingly, Idaho was the winner of the tech skills race (beating even well-known tech hubs in California and Massachusetts), which according to the report shows the 61% increase in the number of tech companies that have relocated. there in the last decade. Idaho’s Coursera students showed 100% proficiency in mobile development skills, which is just one example of the types of digital skills required right now. “Digital skills are the shared language of the modern economy. Not all workers must learn to code, but every worker must be literate in digital skills, “the report’s summary said.
Despite the rather poor rankings of technology and data science skills, business skills in the United States increased from 40% in 2021 to 67% in 2022, especially in areas such as leadership and management. The Midwest ranked first for entrepreneurial skills, most notably in Illinois, Wisconsin, and Indiana, followed by the Northeast and Pacific Coast states. The southern United States has been shown to lag behind in this area. Business students have shown a desire to brush up on what the report calls “human skills,” such as resilience, project management, decision making, planning, storytelling and experimentation, which Coursera said were spurred by the disruptive effects of the pandemic.
When it comes to global information, the report named Switzerland # 1 in overall skills, with 99% in business, 94% in technology, and 97% in data science. Denmark moved up 5 places from last year’s rankings to second place this year, while Germany dropped 5 places to ninth place. Indonesia climbed 39 places in the rankings to grab third place, and the report says countries like Singapore (# 5) and Japan (# 6) lead the Asia Pacific region for investing heavily. in human capital, particularly in the area of skills development. India climbed six places in the ranking for technology skills to 56th place, but dropped 12 places in data science skills to be ranked 76th, highlighting the need for more training and resources in this area.
“Large resignations and automation require stronger investments in human capital, as institutions must prioritize the development of the high-demand digital and human skills needed to build a competitive and equitable workforce,” said Jeff Maggioncalda, CEO by Coursera. “Our data shows that these skills are not evenly distributed and that students and low-wage workers need access to flexible, affordable and accelerated pathways to entry-level digital jobs that provide the foundation for a stronger and more inclusive economy. “.
Coursera was founded by Stanford computer science professors Andrew Ng and Daphne Koller and offers on-demand self-guided courses in many subjects. The platform boasts of having “100 million students, over 7,000 institutions and more than 5,000 courses from 250 of the world’s leading universities and industry faculty”.
To download the full report, visit this link.
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