"Ambition 2020: World Class Skills and Jobs" is the UK Commission for Employment and Skills' annual assessment, to the four UK nations, of their progress towards becoming "world class" in productivity, employment and skills by 2020. "Ambition 2020" provides a robust independent account of economic and skills developments. This report is the commission's second annual assessment of how well the UK is doing and what it needs to do to achieve this important ambition by 2020. This article presents key findings from the analysis and discusses four broad policy principles for driving economic growth through skills and jobs.