The OECD’s latest International Migration Outlook report explores recent developments in migration movements and the labour market inclusion of immigrants in OECD countries. The report reveals that permanent migration to OECD countries reached a record high of 6.1 million in 2022, marking a 26% increase from 2021. It cites rising labour migration as one contributing factor, as migrant workers have helped lower labour and skills shortages in OECD countries.
This year’s edition also includes a special focus on the labour market integration of migrant mothers and fertility patterns among migrant populations.
This report by Adecco examines the world of work through the lens of 30,000 workers from 23 countries. This survey identifies worker readiness and sentiment related to the anticipated impacts of GenAI and offers recommendations to future-proof the workforce. It finds two-thirds of workers think that the impact of AI on their jobs will be positive but access to, and guidance on how to use AI could be improved. Additionally, skills will be crucial for workers in the future, with a 10% increase in the number of workers looking for progression opportunities since 2022. Organisations can help target the right skills by investing in development at all levels. The report concludes by making recommendations for employers addressing mobility; technology and transformation; skills and capabilities; and wellbeing.
This report from Arctic Shores, includes a survey of 2,000 students and recent graduates, as well as internal data science-led research with UCL postgraduate researchers. It offers insights and practical recommendations on how to get ahead of the seismic shift in selection that Generative AI will require talent acquisition teams to make within 12 months. The research reveals that 72% of students and candidates are already using some form of generative AI regularly and advocates a two-step response for talent acquisition teams. The first step involves conducting a Generative AI Vulnerability Audit to identify potential recruitment process issues, especially concerning diversity and distortion risk. In the second step, internal recommendations are created to redesign the selection process, potentially shifting from question-based to task-based assessments and clarifying the organisation's stance on Generative AI usage on their career site.
In this report, James Davies, Employment Partner at Lewis Silkin LLP, explores the possibility that, by 2050, economies like the UK will face a labour market with too few jobs for the available workers. Rapid advances in technology are converging with other significant drivers of change to transform the world of work. Delving down into the work and occupations of today, this report considers the factors which could increase or decrease jobs in different sectors over the next quarter of a century. The impact of this transformation will depend on decisions made, and actions taken, over the next few years. This report identifies the decisions and actions which will need to be addressed and brings together insights from a variety of sources to offer a glimpse of that future.
In this report, techUK spotlights cases of how AI can and is supporting people at work, boosting the quality of products and services, and improving business processes across the economy. Despite a mixed adoption picture, there is a clear indication of how AI can transform work in every business, enabling and reducing the frictions of flexible work, and driving innovation in fields and functions as diverse as human resources, customer service, marketing and sales, finance, healthcare, and sustainability.
The Institute for the Future of Work’s latest paper explores the extent of AI adoption in UK firms and how choices about the design, development and deployment of technology impact quality of work, demand for skills and the creation of new jobs. Its findings support research from other workstreams that the outcome of technological transformation is not yet determined and a future where innovation and social good advance together is achievable.
In this report, researchers from the Oxford Martin School and Citi Global Perspectives & Solutions look at opportunities and challenges for AI across the technology sector and six ‘supersectors’. The analysis finds the Financials & FinTech supersector to be the most likely to be impacted by AI overall, followed by the Consumer sector. At the other end of the spectrum, Natural Resources & ClimateTech at this stage look the least likely to be impacted. Key challenges include those centred around bias, inequality, authenticity, infringements as well as the more debated one underpinned by existential concerns. The report also looks at the race to dominate the AI space by analysing research papers and patents. China leads AI-related innovation, with over 30,000 patent applications over the last 12 months. Research papers are also telling, with the total cumulative AI research output increasing 1,300% between 2003 and 2021.
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 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 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.
