Do Americans Have Skills Needed for Today's Jobs?

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July 30 (Bloomberg) -- Dan Roth, Executive Editor at LinkedIn and Lakshman Achuthan, co-founder and chief operations officer at ECRI, discuss the skills needed for jobs being created in the 21st century and the competition for jobs in the current economic climate. They speak on Bloomberg Television's "Bloomberg Surveillance."

Chief at linkedin.

Are there jobs out there at linkedin?

You see companies looking for people with a lot of skills or few skills.

You want people who are college educated and increasingly do not care if they went to college but as long as they have the skills necessary to do what you want them to do.

Looking at the job is as high school diploma or equivalent.

Better to have them at a company like amazon or go to a college, accumulate the date -- the debt and hope to get a job managing these people?

The key is working.

You want to make sure you have some income coming in.

Make sure you have the ability to stay wired.

That you have the kind of systems to be able to invest your own time and learning how to code, what the future is.

We are at a point now where you talk about the rich getting richer and the poor getting poorer and the economy splitting, but there is a democratization that comes with technology where you can start picking up skills without having to go to college.

I think that is really important.

We might just be in the middle waiting for that to reach everyone.

These skills are critical because the amount of competition coming down the pike as the result of no growth is gargantuan.

When you step back from the recession call, all the policy recommendations and that stuff, it is happening inside the context of the fact that the current gdp data, the u.s. growth over the past five years is weaker than japan during the lost decade.

We all know how that was.

That is the reality of what we live in today, and i do not think people are dealing with this at all and will not change any time soon.

To go to think you so much.

-- thank you so much.

This text has been automatically generated. It may not be 100% accurate.

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