Publication Date: September 27, 2017
Princeton professors Edward Felten and Alan Krueger will serve on a new task force aimed at transforming America’s labor market to a 21st century, skills-driven model.
Formed by the Markle Foundation, the Rework America Task Force (Rework America) brings together a coalition of influential leaders with diverse backgrounds and experience. The goal is to develop policy on how to fix what many believe is America’s broken labor market.
Across the country, six-million-plus jobs are unfilled because employers cannot find skilled workers, yet millions of Americans with in-demand skills, or job seekers who are capable of obtaining those skills, are unemployed or underemployed. Rework America seeks comprehensive reform toward a skills-based labor market, which includes training workers over the course of their lives in the skills that employers need to compete in the 21st-century economy.
The task force will seek to use the same digital technology that is disrupting the economy today to rewire the labor market; connect relevant stakeholders, trainers and educators; and bring new clarity and transparency to the job-search process so workers develop in-demand skills.