Retraining the Middle aged, Newly Unemployed
The Research Report has identified the global benchmark programs and projects that have succeeded in retraining the middle-aged, newly unemployed in recent years as well as the corresponding high value-add best practices implemented by them. Such programs are increasingly important for reducing unemployment in both developed and developing economies. Financial crises, constantly changing working conditions, and transforming economic environments, make retraining for a new occupation a feasible solution for the middle-aged to adapt to competitive job markets. Also, there is often a mismatch between available skilled workers and job openings. Retraining programs reviewed in this report help such people adapt to new realities and find new jobs.