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Especially since the recent economic downturn and in light of the increasingly competitive global economy, employers express concerns about whether the U.S. is producing enough college graduates and whether they have the skills, knowledge, and personal responsibility to contribute to a changing workplace and help companies and organizations succeed and grow. This report provides a detailed analysis of employers' priorities for the kinds of learning today's college students need to succeed in this innovation-fueled economy. It also reports on changes in educational and assessment practices that employers recommend.

"The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others. The skill sets required in both old and new occupations will change in most industries and transform how and where people work. It may also affect female and male workers differently and transform the dynamics of the industry gender gap. The Future of Jobs Report aims to unpack and provide specific information on the relative magnitude of these trends by industry and geography, and on the expected time horizon for their impact to be felt on job functions, employment levels and skills."

"The definition of "a state education" may also change. Far more money should be spent on pre-schooling, since the cognitive abilities and social skills that children learn in their first few years define much of their future potential. And adults will need continuous education. State education may well involve a year of study to be taken later in life, perhaps in stages."