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1 WINNING THE SKILLS RACE IN A GLOBALLY COMPETITIVE WORLD TDA09 Reposition, Restructure, Retrain: Skills for Australia’s Emergence from the Global Financial.

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Presentation on theme: "1 WINNING THE SKILLS RACE IN A GLOBALLY COMPETITIVE WORLD TDA09 Reposition, Restructure, Retrain: Skills for Australia’s Emergence from the Global Financial."— Presentation transcript:

1 1 WINNING THE SKILLS RACE IN A GLOBALLY COMPETITIVE WORLD TDA09 Reposition, Restructure, Retrain: Skills for Australia’s Emergence from the Global Financial Crisis September 3, 2009

2 2 Nuclear electricity generation, 2006 Terawatt hours net As a percentage of total electricity generation Australia0.0 New Zealand0.0 United States OECD Total2, Source: OECD, Factbook 2008

3 3 Global economy In 1981, 40% of world’s population lived on $1/day In 2007, 18% of world’s population lived on $1/day In 2015, 12% will live on $1/day

4 4 Global economy cont. In first 7 years of 21 st century -World’s economy grew at its fastest rate in four decades -Income per person across the globe rose at 3.2%, the fastest of any period in history since we began to keep records Global economy grew from $23T in 1990 to $53T in 2007; global trade increased by 133%

5 5 Ratio of population aged 65 and over to the total population (Percentage) Source: OECD, Factbook Australia New Zealand United States China India

6 6 Ratio of inactive elderly population aged 65 and over to the total labour force (Percentage) Source: OECD, Factbook Australia New Zealand United States China India Ratio of the inactive population aged 65 and over to the labour force aged 15 to 64.

7 7 Employment rates: total (Share of persons of working age, years, in employment) Source: OECD, Factbook Australia New Zealand United States China OECD total

8 8 Employment rates, men and women (Share of men/women of working age, years, in employment) Source: OECD, Factbook MenWomenMenWomenMenWomenMenWomenMenWomenMenWomen Australia New Zealand United States China OECD total

9 9 Employment rates by age group (Persons in employment as a percentage of population in that age group) Source: OECD, Factbook yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs yrs Australia New Zealand United States China OECD total

10 10 Decline in European Population Source: Population Division of the Department of Economic and Social Affairs of the United Nations Secretariat, World Population Prospects: The 2006 Revision and World Urbanization Prospects: The 2005 Revision

11 11 Foreign-born Population as a Percentage of the Total Population Source: OECD Factbook, 2009 Australia France Germany Mexico New Zealand Portugal Turkey United Kingdom United States

12 12 Poverty rates and poverty gaps(mid 2000s) Source: OECD, Factbook 2009

13 13 Characteristics of the educated worker Well trained in ways that allow her to enter the workforce prepared to work Educated sufficiently well in literacy, numeracy, critical analytical capacity to be able to: - Work and communicate with others - Conceive and ask the unstructured question - Determine a response - Communicate either the problem or the solution to a supervisor or co-workers as necessary - Learn new skills frequently and quickly

14 14 Mean Reading Scores, PISA 2006 Source: OECD, Factbook score

15 15 Mean Science Scores, PISA 2006 Source: OECD, Factbook 2009

16 16 Mean Mathematics Scores, PISA 2006 Source: OECD, Factbook 2009

17 17 Life expectancy at birth: total (Number of years) Source: OECD, Factbook Australia New Zealand United States China India OECD average

18 18 Percentage of Population which has Attained Tertiary Education, by age group (2006) Source: OECD, Factbook 2009 Australia France Germany Greece Mexico New Zealand Portugal Turkey United Kingdom United States OECD average yrs old yrs old

19 19 Youths aged between 15 and 19 who are not ineducat ion nor in employment (As percentage of persons in that age group) Source: OECD, Factbook 2009 MalesFemales Australia New Zealand United States India OECD average

20 20 World Unemployment Rates (2009) Source: Trading Economics COUNTRYPERCENTAGE United States9.40 Euro Area9.20 Japan5.00 Germany8.20 China4.30 United Kingdom6.77 France8.90 Australia5.70 New Zealand5.00

21 21 Gross domestic expenditure on R&D (as a percentage of GDP) Source: OECD, Factbook Australia New Zealand United States China India OECD total

22 22 What kind of education will be most effective in creating the new worker? Flexible structure Geographically accessible Affordable Personalized Relevant Collaborative at faculty level High, demanding standards Respond quickly to demands of business cycle

23 23 Expenditure per student in tertiary education, 2005 Source: OECD, Factbook 2009 Expenditure per student in tertiary education: 2000 constant prices (US dollars) Australia$14,579 New Zealand $10,262 United States$24,370 OECD average$11,512

24 24 Contribution of labour productivity and labour utilization to GDP per capita (Percentage change , annual rate) Source: OECD, Factbook 2009 Growth in GDP per capita = Growth in GDP per hour worked + Growth in labour utilisation

25 25 Contribution of labour productivity and labour utilization to GDP per capita (Percentage change , annual rate) Source: OECD, Factbook 2009 GDP per capitaGDP per hour workedLabour utilisation Portugal France Germany United States OECD total Mexico New Zealand Australia United Kingdom Greece Turkey5.4

26 26 College Readiness System I. Establish a curriculum based on college readiness standards Standards for College Success SpringBoard Advanced Placement Program

27 27 College Readiness System cont. II. Ensure participation in rigorous academic courses AP Potential SAT Readiness Program Teacher professional development

28 28 College Readiness System cont. III. Monitor student progress PSAT/NMQST SAT SAT Subject Tests

29 29 College Readiness System cont. IV. Facilitate college, career, and financial planning College Awareness and Planning Tools CollegeEd My College QuickStart and MyRoad Financial Aid EasyPlanner Tools

30 30 Ronald A. Williams Vice President The College Board th St., NW, Suite 600 Washington, DC phone fax


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