The White House Council of Economic Advisers’ latest annual Economic Report of the President provides an analysis of key issues impacting US and international economic policy, including how long-run trends in fertility and morality are shaping the US population and labour force. The report explores when, how, and why AI may be adopted and its potential effects on labour markets.
Viewing entries tagged
reskilling
This report by IBM, in collaboration with Oracle, reveals that 40% of the global workforce will need to reskill due to implementing AI and automation over the next three years, which equates to 1.4 billion of the planet’s 3.4 billion working population. The report examines how HR can facilitate a generative AI-empowered culture and serve as key advisors in developing people-centric operating models that best position the enterprise – and the employee experience – for the future.
The research conducted by Thomson Reuters surveyed over 1,200 professionals in legal, tax, accounting, global trade, risk, and compliance sectors across North America, South America, and the United Kingdom. The primary goal was to explore how macro-trends are intersecting with talent, customer expectations, and the overall environment of these professionals' workplaces. The findings reveal that these experts anticipate AI, technology, and automation will exert the most significant influence on their industries in the next five years.
The CIPD considers the findings of its latest survey of more than 5,000 UK workers and provides practical guidance for organisations looking to foster “good work”.
To close America’s chronic middle skills gap, U.S. employers have to partner much more actively than in the past with local community colleges. Due to waves of disruptive automation, the nature of middle skills jobs is evolving much faster than educators’ abilities to change curriculum.
Surveys of educators (pdf) and employers (pdf) reveal the disconnect behind this partnership’s underperformance and underscore the need for businesses to take the lead in making it more relevant and effective in three areas: training and education aligned with industry needs, commitments to hire community college students, and sharing of data on the supply and demand for talent.
McKinsey’s new report examines how career moves pay off, particularly for a new position that pushes a candidate’s capabilities or better utilises their existing skills. The report concludes that employers can attract and retain talent by recognising potential and embracing learning.
The World Economic Forum’s new good work framework shows that there is a need to promote good work across the full post-pandemic landscape of in-person, hybrid and virtual work in all categories of employment. Seizing this opportunity will determine whether the post-pandemic recovery leads to positive outcomes for both business and for society at large and ensure a healthy, resilient and equitable future of work.
The CIPD issues new guidance on how employers can adopt technology to optimise job quality and business outcomes. As technology becomes increasingly advanced, there is a growing need to consider how different technologies can optimise business outcomes while supporting workforce engagement, enhancing job quality and providing ‘good work’.
LinkedIn’s new Workplace Learning report explores how learning and development is leading the way through the Great Reshuffle with jobs and promotions growing, increased budgets and fostering company culture. Organisations that prize constant learning will lead the world as they build the new normal.
The Burning Glass Institute considers the trend in the US of employers resetting degree requirements in a wide range of roles, with major implications for how employers find talent. While the Covid-19 pandemic accelerated this process, this process began before the crisis and looks likely to continue after it.