This is a brilliant piece of work from the World Economic Forum which really puts some science into all the noise that exists around disappearing job roles. The report analyses 1000 job roles in the US covering c 95% of employment and instead of focusing on the drama of job losses from automation and AI it looks at the reskilling task that would protect the workforce of the future.
The bad news is that without reskilling only 2% of workers would have an optimal opportunity to transition into new jobs but at the other end of the spectrum the good news is that 95% of the most immediately at-risk workers would find good quality, higher wage work in growing job families with the right reskilling.
The full report explores job pathways in detail and puts the challenge at the door of businesses, policy makers and other influencing stakeholders to think about the workforce planning and investment that will form the bridge to reskill.
A new report, Towards a Reskilling Revolution: A Future of Jobs for All, finds that, with 1.4 million US jobs alone expected to disrupted by technology and other factors between now and 2026, of which 57% belong to women, a huge effort is needed to safeguard workers from the Fourth Industrial Revolution · The positive finding from the report is that with adequate reskilling, 95% of the most immediately at-risk workers would find good-quality, higher-wage work in growing job families · Without reskilling, only 2% of workers would have an optimal opportunity to transition to new jobs – while 16% would have none at all · Report highlights the urgent need for a massive reskilling programme, safety nets to support workers while they reskill, and support with job-matching