1 billion jobs will be transformed by technology 4.0 in the next decade. Here's how we can prepare for this new workforce era.
Source: World Economic Forum – The world is facing a reskilling emergency. More than 1 billion jobs, almost one-third of all jobs worldwide, are likely to be transformed by technology in the next decade, according to OECD estimates. By just 2022, the World Economic Forum estimates 133 million new jobs in major economies will be created to meet the demands of the Fourth Industrial Revolution.
At the same time, economic and demographic shifts are putting additional pressure on the workforces of today. As we enter a new decade, one that the United Nations and others have called the “decade of delivery” for important transitions to a more sustainable world, we must also focus on achieving equitable, inclusive progress to equip and enable the world’s people to thrive in the jobs of the future.
How can we ensure people around the world are not left behind? We must come together – governments, businesses and society – to provide education, skills and jobs for at least 1 billion people by 2030.
As jobs evolve, so will the skills needed to perform them. Forty-two percent of the core skills within roles on average are expected to change by 2022.
There’s a clear cost to inaction. Across G20 countries, failing to meet the …