[March 14, 2019] |
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Coursera's Inaugural Global Skills Index Finds Two Thirds of the World Behind in Critical Skills
Coursera, the world's leading online learning platform, today announced
the release of the inaugural Coursera Global Skills Index (GSI), an
in-depth look at skill trends and performance for 60 countries and 10
industries in the key domains of Business, Technology and Data Science.
With 39 million learners and more than 3,000 courses from the world's
top universities and industry educators, Coursera has one of the largest
databases to study skill trends. Leveraging actual Coursera learner
performance data, the GSI provides actionable insights to governments
and companies, which they can use to build learning and retraining
programs that address their skills strengths and shore up their
weaknesses.
"The global skills landscape is under major transition. With technology
advancing faster than humans, the skills that once fueled careers,
industries, and entire economies will no longer suffice," said Jeff
Maggioncalda, CEO of Coursera. "With the launch of Coursera's Global
Skills Index, governments and companies now have unprecedented access to
high quality skills data to understand how their workforce stacks up
against the world and take action on any critical upskilling
opportunities."
For this first edition of the Global Skills Index, Coursera analyzed the
results of over 3 million learners who completed over 40 million
assessments to benchmark 60 countries and 10 industries across Business,
Technology, and Data Science skills. The findings draw from an
innovative data methodology that uses machine learning to map skills to
the content that teaches them and then robustly measure skill
proficiencies based on the assessment performance.
Coursera is excited to reveal these rich skills insights and to continue
to partner with governments, businesses, and individuals around the
world to put this data into action.
Here are some of the key findings:
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Two-thirds of the world's population is falling behind in critical
skills, including 90% of developing economies. Countries that rank
in the lagging or emerging categories (the bottom two quartiles) in at
least one domain make up 66% of the world's population, indicating a
critical need to upskill the global workforce. Many countries with
developing economies - and with less to invest in education - see
larger skill deficiencies, with 90% ranking in the lagging or emerging
categories.
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Europe is the global skills leader. European countries make up
over 80% of th cutting-edge category (top quartile globally) across
Business, Technology, and Data Science. Finland, Switzerland, Austria,
Sweden, Germany, Belgium, Norway, and the Netherlands are consistently
cutting-edge in all three domains. This advanced skill level is likely
a result of Europe's heavy institutional investment in education via
workforce development and public education initiatives.
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Asia Pacific, the Middle East and Africa, and Latin America have
high skill inequality. Consistent with the vast economic and
cultural diversity that characterizes each region, Asia Pacific,
Middle East and Africa, and Latin America have the greatest
within-region skill variance. Asia Pacific is at the extremes of the
global Business rankings with New Zealand (#6) and Australia (#9)
approaching the very top, while Pakistan (#57) and Bangladesh (#59)
land near the bottom. In the Middle East and Africa, Israel is a
leader in each of the three domains and #1 in Data Science, while
Nigeria lags near the bottom of the rankings across domains, and is
last in Data Science. In Latin America, Argentina's #1 ranking in
Technology is in stark contrast to Mexico's (#43) and Colombia's (#49)
lower proficiencies in the field.
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The United States must upskill while minding regional differences. Although
known as a business leader for innovation, the U.S. hovers around the
middle of the global rankings and is not cutting-edge in any of the
three domains. Within the U.S., skill proficiency is distributed
non-uniformly while the West ranks ahead of other regions in
Technology and Data Science, the Midwest shines in Business.
In addition to benchmarking countries, Coursera also evaluated trending
skills globally and skill proficiencies across 10 major industry
verticals:
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Demand for Technology and Data Science skills is growing, while
demand for Business skills is shrinking. Across the board,
enrollment numbers highlight fast-growing demand for Technology and
Data Science skills from individuals and companies alike. While
Technology enrollments increased by 13%, for example, Business
enrollments decreased by 11%.
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Technology industry professionals lack strong business skills.
Technology ranks 5th in the Business domain out of the ten industries
in our analysis.
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Manufacturing shows skills resilience in the digital era. Manufacturing
ranks #1 in both Business and Technology and demonstrates an aptitude
for tackling change successfully.
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Telecommunications consistently ranks near the top. Telecommunications
is the only industry to rank consistently in the top three across
Business, Technology, and Data Science (#3 in each).
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Finance surprises with below-average skills performance.
Despite its pursuit of digital transformation, Finance ranks second to
last in Business (#9) and Data Science (#9), and hovers near the
middle in Technology (#5).
To download the full report, visit coursera.org/gsi.
About Coursera:
Coursera was founded by Daphne
Koller and Andrew
Ng with a vision of providing life-transforming learning experiences
to anyone, anywhere. It is now the world's largest online learning
platform for higher education. 190+ of the world's top universities and
industry educators partner with Coursera to offer courses,
Specializations, and degrees that empower over 39+ million learners
around the world to achieve their career goals. Over 1,800 companies
trust the company's enterprise platform, Coursera for Business, to
transform their talent. Coursera is backed by leading venture capital
firms such as Kleiner Perkins Caufield & Byers, New Enterprise
Associates, GSV Capital, and Learn Capital.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190314005207/en/
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