Academic journal article Contemporary Readings in Law and Social Justice

Education and Unemployment in the Knowledge-Based Society

Academic journal article Contemporary Readings in Law and Social Justice

Education and Unemployment in the Knowledge-Based Society

Article excerpt

ABSTRACT.

In the knowledge-based society when changes are fast, social and economic development depend on the quality of human resources development (HRD). Educated persons are more productive and have more opportunities to play an active role in the development of companies. According to the Global labor full report June 2012, carried out by McKinsey Global Institute, until 2030 the labor market will face unbalances: there will be a deficit of qualified workers of 13%, while the number of unqualified workers will increase with 10% as related to the request on the labor market. In the given context, learning towards specialization represents a need for preventing disparity between the competences requested by the market and the one held by workers. Due to the information technology environment, many e-learning opportunities appeared, enabling specialization on the labor market. The studies carried out show that in terms of unemployment there are some differences between the persons with higher education studies and those without higher education studies and the implications of long term unemployment are too major in order to neglect long life learning. The paper proposes an analysis of the situation of education and unemployment in the knowledge-based society, when new technologies and online learning create opportunities, but also the need for employees to improve their abilities in order to adapt to the constantly changing labor market.

Keywords: unemployment; e-learning; specialized learning; education level

1. Previous Research

Numerous previous researches have been conducted in the field of unemployment and in the field of education, researches that were used as a base for the present study related to the use of education as a long term solution for preventing unemployment. Among the studies were used as bibliographies for the present paper are: The MGI - Global labor full report, June 2012; The Global Slavery Index 2013; The National Statistics Institute reports relating unemployment from 2008 to 2012; Long-term unemployment, the new challenge for many countries, International Labor Organization, 2013; Long-term unemployment, World Bank; Unemployment statistics, European Commission, Eurostat; Consequences of Long-Term Unemployment, Austin Nichols, Josh Mitchell, and Stephan Lindner, July 2013; New Skills for New Jobs, European Commission, Employment, Social Affairs and Inclusion; Americans Want Cost Cuts, Employer Help to Fund Education, Gallup 2013; Linkedln Still Rules As The Top Job Search Technology Tool, Survey Says, Susan Adams, 2013; Job Seeker Survey Job-Hunt.org; HR and Recruiting Professionals Survey Job Board Doctor, April 2013; Toward knowledge societies. UNESCO World Report, United Nations Educational, Scientific and Cultural Organization (2005), Conde-sur-Noireau; Societatea informafionalà §i a cunoaçterii, vectorii societàfii cunoaçterii, Mihai Drägänescu, Romanian Academy.

2. Disparities on the Labor Market

The current society, where internet provides access to a lot of information, transforms knowledge into intangible assets which managers must use in order to be successful. Innovation, a feature of knowledge-based society, determines quick technological changes and all these will generate a different need for labor force. Thus, the institutions which provide education will have to be receptive to the constantly changing requests.1

The Global labor full report June 2012 estimates that by 2030 the labor market will face the following disparities:

* Lack of qualified workers reaching up to 38-40 million, representing 13% of the request for qualified work;

* An average of 90-95 million unqualified workers worldwide, representing 10% of the request for unqualified labor force;

* An average of 90-95 million unqualified labor force worldwide;

* Lack of 45 million workers with mid-level studies in the emerging economies, representing 15% of the request. …

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