Covid-19 Economy | Microsoft Launches Initiative To Help 25 Million People Worldwide Acquire The Digital Skills

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According to Microsoft calculations, global unemployment in 2020 may reach a quarter of a billion people

KRC TIMES Desk

Microsoft announced on Tuesday launching a global skills initiative aimed at bringing more digital skills to 25 million people worldwide by the end of the year. The announcement comes in response to the global economic crisis caused by the Covid-19 pandemic as around the world, 2020 has emerged as one of the most challenging years.

Post lockdown after six months of enduring the COVID pandemic, triggering economic crisis besides the health crisis,  societies will reopen, and it is apparent that the economy will not be same as what it was in January 2020.

To help address this need, today Microsoft is launching a global skills initiative aimed at bringing more digital skills to 25 million people worldwide by the end of the year. This initiative will bring together every part of our company, combining existing and new resources from LinkedIn, GitHub, and Microsoft.  It will be grounded in three areas of activity:

(1) The use of data to identify in-demand jobs and the skills needed to fill them;

(2) Free access to learning paths and content to help people develop the skills these positions require;

(3) Low-cost certifications and free job-seeking tools to help people who develop these skills pursue new jobs.

This is a comprehensive technology initiative that will build on data and digital technology. It starts with data on jobs and skills from the LinkedIn Economic Graph. It provides free access to content in LinkedIn Learning, Microsoft Learn, and the GitHub Learning Lab, and couples these with Microsoft Certifications and LinkedIn job-seeking tools.

In addition, Microsoft is backing the effort with $20 million in cash grants to help nonprofit organizations worldwide assist the people who need it most. One-quarter of this total, or $5 million, will be provided in cash grants to community-based nonprofit organizations that are led by and serve communities of colour in the United States.

According to Microsoft calculations, global unemployment in 2020 may reach a quarter of a billion people. It is a staggering number. The pandemic respects no border. In the United States alone, the Congressional Budget Office estimates the country may witness a 12.3 point increase (from 3.5% to 15.8%) in the unemployment rate, equating to more than 21 million newly out-of-work people. Many other countries and continents face similar challenges.

To help people find and navigate all of Microsoft offerings, it had made all of these resources accessible from a single location: opportunity.linkedin.com. A job seeker or anyone looking to develop these on-demand skills can start here and will be guided through the learning paths based on the roles in which they are interested.

Microsoft Learn is a free, interactive, hands-on training platform that helps people develop in-demand technical skills related to widely used Microsoft products and services including Azure, Microsoft 365, Power Platform, Microsoft Dynamics, and more. Microsoft Learn combines short step-by-step training, browser-based interactive coding and scripting environments, and task-based achievements to help learners advance their technical skills and prepare for Microsoft Certifications. With millions of registered learners, Microsoft Learn offers over 225 learning paths, more than 1,000 modules, and is localized in dozens of languages. Microsoft Learn is great for individual users to advance their skills, as well as organizations that want to create curated employee training paths.

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