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Towards a Reskilling Revolution

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Towards a Reskilling Revolution

A Future of Jobs for All

World Economic Forum,

5 min read
3 take-aways
Audio & text

What's inside?

A new tool charts paths through the future world of work.

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Editorial Rating

9

Qualities

  • Analytical
  • Innovative
  • Applicable

Recommendation

The world of work is changing, but hand wringing isn’t going to help. In an effort to “move the debate on the future of work to new – and practical – territory,” researchers at the World Economic Forum have innovated a tool that promises to shed much needed light. The algorithm charts opportunities and “job transition pathways” for individual workers or entire occupational categories. This white paper outlines the big data based methodology and suggests potential transitions for US workers. getAbstract recommends this white paper for leaders in government, business, labor and education.

Summary

The global labor market is changing fast. The skills that made workers successful in 2016 won’t necessarily serve them in 2026. Increasing use of robotics and automation mean that a range of skills previously required by employers will be redundant. Workers need to embrace constant learning to maintain their employability. For both organizations and societies, a flourishing future will depend on “reskilling and retraining the workforce.”

A new tool, based on big data, ...

About the Author

The World Economic Forum is an international, nonprofit organization devoted to improving the world through public-private cooperation.

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