Skills lost due to COVID school closures will hit output for generations - OECD

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Disruption to schooling stemming from the COVID-19 epidemic will cause a skill loss that could result in a 1.5% drop in global economic output for the rest of this century.

PARIS - Disruption to schooling stemming from the COVID-19 epidemic will cause a skill loss that could result in a 1.5% drop in global economic output for the rest of this century, the Organisation for Economic Cooperation and Development estimated.

"Learning loss will lead to skill loss, and the skills people have relate to their productivity," the report said, explaining the forecast drop in global GDP. One impact was to widen the gaps in educational opportunities between the rich and poor. Children with internet access, computers, and supportive families fared better.

 

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