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πŸ§‘β€πŸ’» Global Workforce Training Spend Down 3%. 50% Global Hydrogen Projects. Space Agency Budgets.

Chart of the Day #166 looks at Workplace Training, Hydrogen, and Space

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Canada has committed $3.6M to fund the development of two nuclear-powered hydrogen-based e-fuel projects. Data from India's recent space mission supported the theory that an ocean of molten rock once covered the moon.

Today's Topics

πŸ§‘β€πŸ’» Workplace Training. Global workplace training spending dropped 3% during the pandemic
🌎 Hydrogen. Europe accounts for 50% of announced global hydrogen projects
✨ Space. NASA led global space agency budgets with nearly $20B

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πŸ§‘β€πŸ’» Global Workplace Training Spending Dropped 3% During the Pandemic

Global workplace training expenditure per employee fell by 3% during the pandemic, with a significant decline in 2020 as companies cut costs. In 2021, there was a slight increase as businesses cautiously resumed spending on employee development, signaling a gradual recovery in training investments after the initial pandemic-induced reduction.

🌎 Europe Accounts for 50% of Announced Global Hydrogen Projects

Europe leads globally in hydrogen projects, accounting for 50% (261 projects) of all announced initiatives in 2021. Asia and China follow with 121 projects, showing strong regional interest but still trailing behind Europe. This highlights Europe's central role in driving the global hydrogen economy, outpacing other regions in project development.

✨ NASA Led Global Space Agency Budgets With Nearly $20B

NASA wass the highest-funded space organization globally with a budget of nearly $20B in 2018. This figure was almost double that of the space agency with the next largest budget, China’s CNSA, which operated with $11B. NASA’s substantial funding shows its dominant position in space exploration and research compared to other agencies.


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