Reskilling vs Upskilling: What's the Difference? | ClearCompany by @ClearCompany

The pandemic kicked off a persistent labor shortage — more than 50 million people quit during the Great Resignation. Today, labor force participation is at just 62% , and 87% of companies expect to face shortages over the next few years. And there’s a mismatch between available talent and open jobs, meaning businesses are having a hard time hiring new employees with the right skills.