“Degrees get you the job, but they don’t help you to keep it.” Virginia Ndung’u, a trainee at Nairobi’s software developer accelerator Moringa School highlights one of the many challenges in ensuring students are prepared for the digital economy.
Technology is changing the skills needed for work, and increasing demand for advanced cognitive skills, socio-emotional skills and greater adaptability, as the 2019 Report on the Changing Nature of Work finds, building on the World Development Report 2016: Digital Dividends. As technology becomes prevalent in other sectors, the demand for tech skills is increasing, even for entry-level positions.
Digital technologies—mobile phones, computers, and the Internet—are reshaping our world. But to leverage this transformation, women and men will need to have the right mix of skills. Coding bootcamps, a type of rapid skills training program, have emerged as one approach to filling the gap.
Yet little is known about what works. In response, the World Bank Group developed Decoding Bootcamps, an initiative that evaluates the impact of coding bootcamps, with a focus on youth employment in emerging markets. Impact evaluation results from Lebanon, Colombia, and Kenya are forthcoming, but one important lesson has already become clear: To attract and retain women, bootcamps need a reboot.
Intensive “bootcamp” training programs that develop coding and other computer science skills and directly connect students with jobs are becoming increasingly popular. In the U.S, there are already over 90 bootcamps—and they are taking root in Latin America too, helping to close the region’s skills and gender gaps.
I recently toured an all-girls bootcamp in Lima, Peru. Entering the classroom, I was impressed to see the girls busily coding away. They shared with me their dreams: to become a "full-stack developer" working with a wide spectrum of software technologies, to become a UX designer, to learn English, and to work at Facebook or Google.
This post was originally published at the World Bank's blog.
The fourth industrial revolution is disrupting business models and transforming employment. It is estimated that 65 percent of children entering primary school today will, in the future, be working in new job types that do not exist today. These changes have been more noticeable in developed countries, with the 2008 financial crisis accelerating this transformation process. However, they are also affecting emerging economies that have traditionally relied on routine blue-collar jobs (e.g., textiles, manufacturing or business process outsourcing) for broad employment and economic development.
This post was originally published at the World Bank's Blog.
The International Labour Organization estimates that 73.4 million people aged 15-24 do not have a job (43% of global youth), and three times as many young people are underemployed. At the same time, 40% of employers report skills shortage for entry level vacancies, according to McKinsey (Social Initiative 2015). Hence, skill gaps have become an issue to both employers and the unemployed. This trend is exacerbated by technological advancements which are rapidly replacing manual jobs, leaving millions of young people unprepared to participate in the 21st-century knowledge economy.