The shift away of the U.S. and most of the Western’s Productive Structures from the Routinized Industrial Economy to the Service-oriented, Knowledge-intensive, Green, Clean, Smart, Connected, Advanced Manufacturing, Productivity-driven...
moreThe shift away of the U.S. and most of the Western’s Productive Structures from the Routinized Industrial Economy to the Service-oriented, Knowledge-intensive, Green, Clean, Smart, Connected, Advanced Manufacturing, Productivity-driven and Innovation-led Economy has increased the demand for ‘ STEM, ICT, Data Science, Data Analytics, Glocal Management, Green, Soft , Social, Green and Higher-Order Skills’. Furthermore, Service-providing Industries have been more resilient in the face of Uncertainty.
This has been the case during the current period of the Trump’s Trade War where Job Growth in Leisure and Hospitality Sectors has minimized the risk of economic recession traditionally associated with Trade War.
However, while the demand for Skills continued to grow mainly due to the 2020 COVID-19 pandemic, the massive retirement of the baby boomers, the Great Resignation that has taken more than 50 million Americans out of the labor market since the COVID-19 pandemic, the acceleration of ‘ Digitalization’ mainly associated with the rise of the AI Age and the move towards Sustainability of corporates, the obsolescence of the Newtonian Sciences Inspired Routinized Industrial Educational Model (NSIRIEM) has put many countries of the North at the greater risk of ‘ Skills Gap and Mismatch’ that has led to the shortage of Green, STEM, ICTs, Data Science, Data Analytics, Glocal Management, Green, Soft, Social and Higher-Order Skills and Competencies (James Michael WALKER, 2024 and 2025).
Several factors can explain this obsolescence. In fact, for the past four centuries, NSIRIEM has been shaped, structured and supported by the ‘ Theory of Human Capital ’.
Doing so has helped the NSIRIEM become ‘ Degree-centered Educational Model ’ .
Unfortunately and in the same time, there has been a significant shift on the labor market that has increased the obsolescence of the ‘ Degree-centered Educational Model ’ . In fact, employers are now prioritizing the ‘ Skills-driven Hiring Strategy’ instead of Degree-based Hiring one.
Since then, instead of grasping to the traditional and obsolete ‘ Degree-centered Educational Model ’ which is unable to build the require skills and competencies of the 21st century, it has becoming relevant for the Educational System’ to focus on the ‘ Theory of Signals ’ in order to become ‘ Skill-centered Educational Model ’ and meet the needs of the labor market.
The Educational System will also need to take into account the ‘ Biological Difference’ in STEM Subjects, Learning and Education (James Michael WALKER, 2023 and 2024) in order to meet the above goal mainly when it comes to the fixation of the shortage of STEM, ICTs, Data Science, Data Analytics and Green Skills. In fact , James Michael WALKER (2023 and 2024) found that the NSIRIEM has been unable to take into account the ‘ Gender Brain’s Differences’ in STEM Subjects, Learning and Education that makes it easier for Male to perform in the STEM subjects than Female.
Unfortunately, doing so has increased the risk of shortage of STEM competencies on the one hand and in the context where STEM Competencies are the Core ones of the Market-based Economy has increased the vulnerability and poverty of female and build the Male-dominant Society where the ‘ Theory of Gender Role’ continues to prevail on the second hand. In fact, the ‘ Gender Brain’s Differences’ in STEM Subjects, Learning and Education has made it easier for Male to perform in the STEM subjects than Female (said it above) and occupy most of the Core and High-paid Jobs of our Market-based Economy while the Female have occupied the Peripheral and Low-paid and Middle-paid Jobs.Since then, there has been an increase ‘ Gender Income and Wealth Gap’ that has made it easier for female to face significant ‘ Socioeconomic Inequalities in Health, Education, Jobs, Income, Wealth and Residential Goods and Services compared to male.
This has mainly been the case for the Female-Single-parents in the Service Sector that are living in the ‘ Low-income and Middle-income Places’.
Key Words: Western’s Productive Structures; Routinized Industrial Economy; Service-oriented, Knowledge-intensive, Green, Clean, Smart, Connected, Advanced Manufacturing, Productivity-driven and Innovation-led Economy; STEM, ICT, Data Science, Data Analytics, Glocal Management, Green, Soft , Social, Green and Higher-Order Skills; Service-providing Industries; Leisure and Hospitality Sectors; Digitalization; 2020 COVID-19 Pandemic; Newtonian Sciences Inspired Routinized Industrial Educational Model (NSIRIEM); Skills Gap and Mismatch; Theory of Human Capital; Degree-centered Educational Model; Skills-driven Hiring Strategy; Degree-based Hiring Strategy; Theory of Signals; Skill-centered Educational Model; Male-dominant Society; Theory of Gender Role; Gender Brain’s Differences’ in STEM Subjects ; Socioeconomic Inequalities.