New Report Highlights the Impact of Illiteracy Adapted from Information by the World Literacy Foundation New findings highlight the financial cost and social impact brought about due to 21% of people in the U.S. with low-level literacy skills. The Economic Cost and Social Impact of Illiteracy report revealed the estimated financial cost to the wider economy in the country is at $300.8 billion per year. World Literacy Foundation Chief Executive Officer and coauthor of the report Andrew Kay said reduced income earning capacity and social costs are the main reason why illiteracy is costing the U.S. economy each year. “As a community of literacy experts, we face significant challenges as the early data shows a drop in literacy rates post-pandemic,” Mr. Kay said. “Literacy can change everything in the life of a young person and provide a pathway to reach their full potential.” It’s estimated approximately 70 million people in the U.S. struggle to read, write, and hold basic numeracy skills. To highlight the true impact of illiteracy in the U.S., Mr. Kay spoke about the economic cost and social impact report at the Oxford University World Literacy Summit 2023 last month. The Summit brought leaders together from 85 countries, representing over two-thirds of the world’s population, to find solutions to illiteracy and create a roadmap for the future. Dr. Tony Cree, Chair of the World Literacy Council said the literacy conference brought practitioners and academics together to share the latest global research and learnings to address a spike in illiteracy. Globally, 770 million people can’t read a single word, a further 2 billion people struggle to read a sentence. Groundwater / Water Well by: Princeton Groundwater, Inc. Remediation Course June 19-23 ~ Las Vegas, NV phone: 813-964-0800 www.princeton-groundwater.com Mining by: Easybook Training Virtual Instructor Led MSHA [Mine Safety and Health Administration] Part 48 (B) Annual Refresher June 1 ~ ONLINE June 8 ~ ONLINE June 15 ~ ONLINE June 22 ~ ONLINE June 29 ~ ONLINE phone: 480-779-9969 www.easybooktraining.com Safety by: So. Carolina Rural Water Assn Trenching, Shoring & Confined Space Competency June 1 ~ Beech Island, SC phone: 803-667-9699 www.scrwa.org More education opportunities during events can be found by clicking here online at: worldwidedrillingresource.com Education Connection 15 MAY 2023 WorldWide Drilling Resource®
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