Probably the world’s largest re-skilling programme was the demobilisation programme in the United States at the end of World War II. The famous G.I. Bill (the Servicemen’s Readjustment Act of 1944) provided a broad range of benefits for returning veterans. Beside low-cost mortgages, low-interest loans to start a business or farm it made tuition and living expenses to attend high school college, or vocational school available.
By 1956, By 1956, 7.8 million veterans had used the G.I. Bill education benefits, some 2.2 million to attend colleges or universities and an additional 5.6 million for some kind of training program. Historians and economists judge the G.I. Bill a major political and economic success—especially in contrast to the treatments of World War I veterans—and a major contribution to U.S. stock of human capital that encouraged long-term economic growth. (https://en.wikipedia.org/wiki/G.I._Bill)
This large scale programme could still be a source of inspiration for the enormous task ahead to equip millions of people with 21st century skills and allow them to switch from shrinking to expanding sectors of the economy.
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