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European Commission Adds Members to Digital Skill Coalition
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European Commission (EC), the telecom regulatory authority of the European Union (EU), recently announced that so far 30 organizations have signed up to work on improving the digital skill of EU citizens. The EC’s flagship agenda for Eurozone has unveiled a number of actions to ensure that the right training, the right skills and the right support is available to the citizens of EU.
These actions aim at teaching better utilization of the skills that are available. Further, it intends to equip people with the new skills that will aid them in finding quality jobs. It will also improve the training and consequently will help the employment market in the new age digital arena.
Major technology and telecom firms that have become part of this coalition are Google of Alphabet Inc. (GOOGL - Free Report) , Cisco Systems Inc. (CSCO - Free Report) , Microsoft Corp. (MSFT - Free Report) , Liberty Global plc (LBTYA - Free Report) and Telefonica SA (TEF - Free Report) . Except Cisco, all the above mentioned stocks currently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Additionally, organisations such as the Amsterdam Economic Board, Cambridge Spark, European Schoolnet and Academy Cube have also become members of the coalition.
Adherents to the charter agree to work toward goals such as training more than 1 million young people for digital jobs by 2020. Moreover, they will support the up-skilling of the existing workforce in digital technologies along with increasing digital training and education in schools.
Members of the coalition commit to tackling the skills gaps at all levels, from high-level ICT specialist skills to the skills needed by all European citizens to live, work and participate in a digital economy and society. This initiative is crucial for European industry to remain competitive in the face of rapid advances by its competitors in the digital age. The EC’s decision forms the cornerstone of an actively functioning digital society and digital single market.
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European Commission Adds Members to Digital Skill Coalition
European Commission (EC), the telecom regulatory authority of the European Union (EU), recently announced that so far 30 organizations have signed up to work on improving the digital skill of EU citizens. The EC’s flagship agenda for Eurozone has unveiled a number of actions to ensure that the right training, the right skills and the right support is available to the citizens of EU.
These actions aim at teaching better utilization of the skills that are available. Further, it intends to equip people with the new skills that will aid them in finding quality jobs. It will also improve the training and consequently will help the employment market in the new age digital arena.
Major technology and telecom firms that have become part of this coalition are Google of Alphabet Inc. (GOOGL - Free Report) , Cisco Systems Inc. (CSCO - Free Report) , Microsoft Corp. (MSFT - Free Report) , Liberty Global plc (LBTYA - Free Report) and Telefonica SA (TEF - Free Report) . Except Cisco, all the above mentioned stocks currently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Additionally, organisations such as the Amsterdam Economic Board, Cambridge Spark, European Schoolnet and Academy Cube have also become members of the coalition.
Adherents to the charter agree to work toward goals such as training more than 1 million young people for digital jobs by 2020. Moreover, they will support the up-skilling of the existing workforce in digital technologies along with increasing digital training and education in schools.
Members of the coalition commit to tackling the skills gaps at all levels, from high-level ICT specialist skills to the skills needed by all European citizens to live, work and participate in a digital economy and society. This initiative is crucial for European industry to remain competitive in the face of rapid advances by its competitors in the digital age. The EC’s decision forms the cornerstone of an actively functioning digital society and digital single market.
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Would you like to see a hand-picked "all-star" selection of investment ideas from the man who heads up Zacks' trading and investing services? Steve Reitmeister knows when key trades are about to be triggered and which of our experts has the hottest hand. Click for his selected trades right now >>