Adult learning: the employers’ provision of retraining and re-skilling

Giorgio Brunello, Désirée Rückert and Patricia Wruuck

Chapter 22 in Handbook on Labour Markets in Transition, 2024, pp 424-441 from Edward Elgar Publishing

Abstract: In the first part of this review, we consider the impact of the digital and green transition on skill needs and discuss the scant evidence on the impact of automation, digitization, and ageing on firms’ training provision. A key message is that employers could reduce their training investment after the adoption of advanced digital technologies. This is a source of concern given the current emphasis on re-skilling and re-training. In the second part, we look at the impact of training policies and at their effects on labour market outcomes, by focusing on employer’s provided training. The main takeaway here is that the impact of training policies on individual labour market outcomes is often limited in the short to medium term (from less than a year to 2 years after the end of the program) but larger in the longer term.

Keywords: Economics and Finance; Sociology and Social Policy (search for similar items in EconPapers)
Date: 2024
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