My colleague Heather Singmaster explains how CTE supports stronger individual financial success, as well as for states and the national economy.
By Heather Singmaster
"Unemployment rates are up!" scream the headlines. The August numbers show unemployment is up in half of all states. Unemployment figures say a lot about the strength of the economy. To some, it's also an indicator of political effectiveness. At a meta level, unemployment levels are a measure of whether an education system is meeting the demands of the workforce.
Today's workplace is demanding different skills from its workers than in the past. To quote the annual OECD report, Education At a Glance 2012, "In the increasingly knowledge-based global economy, people with high skills are in greater demand in the labour market, while those with less education are more likely to be at risk of being unemployed, especially during periods of economic downturn."