Skills and training investments ensure that we get the matches we need. We mentioned some shortages before. There are easy-to-identify shortages in the workforce.
I think this is going to become a larger problem as we go through and exit from the pandemic. You've probably heard me talk about the K-shaped economy. At the top part of the K, everything is performing quite well, and it's perhaps 97% of the economy, but then the bottom 3% that is struggling is going to continue to struggle. What we need to do is find ways for those folks to find their way into the top part of the K, just as we did after oil prices collapsed back in 2014-15. There was a K-shaped economy then.
Skills training helps folks find their way into the top part of the K. It improves the matching and the efficiencies and, therefore, the productivity of the economy. We can't do all of this through immigration. We need to do it with the folks who are dislocated by the shocks that hit our economy.
Programs exist, and the programs work, but I think those investments will pay off even more in the future because, basically, the technological revolution is being accelerated by COVID, so the displacement of workers will accelerate. We will need to invest more resources in that transition.