FIGURE B4.2 Formal education does not affect the time taken to acquire online skill credentials Median number of learning hours taken by users to successfully complete credentials on the Coursera online learning platform, as a function of the skill proficiency taught by the course and the learner's level of formal education Attitudes Ethics Self-efficacy Working with others Beginner oficiencyIntermediate Skill pr Advanced 00 55 1010 1515 2020 2525 3030 0 5 10 15 20 25 30 0 5 10 15 20 25 30 Median number of learning hours Skills, knowledge and abilities Cognitive skills Engagement skills Management skills Beginner Intermediate Advanced 00 55 1010 1515 2020 2525 3030 0 5 10 15 20 25 30 0 5 10 15 20 25 30 Technology skills Beginner Intermediate Level of formal education No Bachelor’s Degree Advanced Bachelor’s Degree Graduate Degree 00 55 1010 1515 2020 2525 3030 Source Note Coursera, Inc. Coursera data were mapped to the World Economic Forum's Global Skills Taxonomy. The public and private sectors must join forces proficiency in any skill in the Global Skills to create the flexible and affordable reskilling Taxonomy (see Figure B4.2). These findings pathways displaced workers need to successfully demonstrate the potential for a skills-based transition at scale into the jobs of the future (see approach to workforce development and talent Chapter 3). With a skills-based talent approach, management to close skills gaps and address employers can diversify and expand their hiring labour shortages, especially in light of the pipelines for incoming talent while also creating disproportionate impact of recent disruptions on pathways for employee reskilling necessary to the labour-market participation of workers with adapt to fast-changing workforce requirements basic education (see Chapter 1). and encourage lifelong learning at work. Encouragingly, Coursera data show no evidence that learners without a degree take longer to achieve beginner, intermediate or advanced Future of Jobs Report 2023 45