The Opportunity Project: A New Social Contract for a Changing World

The global economy has undergone a transformation that has shaped our lives in ways that we are only starting to understand.  As indicated in the Opportunity Project white paper developed by the U.S. Chamber of Commerce, the traditional social contract separated the roles of employers and government in talent development, with employers investing in the training of their employed workers and government focusing on initial secondary and postsecondary education.  This traditional contract is no longer applicable because of rapid economic and technological changes, the changing nature of employment relationships, and the growing disconnect between employers’ needs and government-financed secondary and postsecondary education.  What is needed are new incentives and risk management tools and for employers to become more engaged in working with education and training providers in developing talent.

Read the article and view the video (video transcript version) about the U. S. Chamber of Commerce Foundation’s approach to career readiness.