n and training relevant for the technology-driven global economy. To address the growing inequality in the workforce, training and other forms of transitional support for those of working-age who have lost from globalization and technological change is essential.
It is hard to imagine a stable scenario of growth and prosperity unless the issue of an uneven sharing of gains from the trends of demographic change, technological change, and globalization is addressed. Later blog posts in this series will delve deeper into the broad trends and challenges identified here, and the policy responses to address them.
Lynn Karoly is a senior economist at the nonprofit, nonpartisan RAND Corporation and Krishna Kumar is a senior economist at RAND and the director of its Labor and Population division.
Commentary gives RAND researchers a platform to convey insights based on their professional expertise and often on their peer-reviewed research and analysis.