ManpowerGroup, one of the world’s largest jobs companies, released a report “The Skills Revolution,” detailing how the technological revolution is going to change the employment market forever.
It surveyed more than 18,000 employers across 43 countries and six industry sectors.
We Forum reports that while technological developments will cause greater automation, a decrease in headcount or slow growth in hiring in some areas, it will actually create a lot of jobs too, according to Manpower.
“We are seeing the emergence of a Skills Revolution — where helping people upskill and adapt to a fast-changing world of work will be the defining challenge of our time. Those with the right skills will increasingly call the shots, create opportunities and choose how, where and when they work,” said Jonas Prising, Chairman & CEO at ManpowerGroup.
“Those without will look to the future and not be able to see how their circumstances will improve. This polarization of the population that is playing out in front of our eyes is no good for society or for business. We need aggressive workforce development to address the widening gap between the Haves and the Have Nots.
“Now is the time for leaders to be responsive and responsible: we cannot slow the rate of technological advance or globalisation, but we can invest in employees’ skills to increase the resilience of our people and organisations. Individuals also need to nurture their learnability: their desire and ability to learn new skills to stay relevant and remain employable.”
The report added that robots are more likely to replace activities within jobs — not just jobs outright. “Creativity, emotional intelligence and cognitive flexibility are skills that will tap human potential and allow people to augment robots, rather than be replaced by them.”