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MONTEREY, Calif., May 12, 2021 /PRNewswire/ The National Laboratory for Education Transformation, NLET, a California research and development nonprofit just released
The Newest Economy: Welcome to the Credential Currency Revolution, a paper that unravels the complex relationship in the U.S. between academic degree attainment and occupational certification and their relationship to the current needs of the employment market.
In the
Newest Economy, author Gordon Freedman describes the broken chain of credential management across education and training that is disconnected to a labor market that, notwithstanding the pandemic, has millions of open jobs. There is no mechanism to link students, adult learners and jobseekers across multiple institutions and agencies in their quest to figure out what education and training matters for which jobs in the market, says Freedman. What has been suggested, but never modeled, is an a