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Questions and Answers
True or false: The Reskilling Revolution initiative aims to reach 1 billion people with better education, skills, learning, and jobs by 2020.
False
True or false: The Reskilling Revolution initiative has reached 350 million people.
True
True or false: Technological shifts and the green transition are disrupting the job market.
True
True or false: The International Labor Organization reports that employment growth is increasing globally.
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True or false: Financial inclusion and financial health are not important for the future of jobs.
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True or false: The International Labour Organization (ILO) is concerned about workers who work full-time but still cannot pay their bills.
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True or false: Collaboration between the public and private sectors is not necessary to create jobs.
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True or false: The US backs minimum service levels.
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Study Notes
- Panelists discuss the future outlook for the world of work.
- The Reskilling Revolution initiative aims to reach 1 billion people with better education, skills, learning, and jobs by 2030.
- 350 million people have been reached through this initiative.
- There are opportunities in social and green sectors, but also disruptions from technological shifts, shifting supply chains, and the green transition.
- U.S. Secretary of Labor, Martin Walsh, highlights the importance of reskilling and upskilling people, especially after the pandemic.
- The International Labor Organization reports that employment growth is slowing down globally, and quality of jobs is a concern.
- Technology can play a significant role in identifying skills gaps and providing upskilling opportunities.
- Financial inclusion and financial health are crucial for the future of jobs.
- Collaboration with businesses is essential to understand their needs and make necessary investments in job training and apprenticeships.
- Opportunities for underpaid or underemployed workers exist in industries such as tech.- The importance of training programs that are sustainable and ensure workers are treated well and trained to stay with the company.
- The International Labour Organization (ILO) is concerned about workers who work full-time but still cannot pay their bills.
- The ILO stresses the importance of social dialogue among the three parties to have a sustainable way forward.
- A focus on financial health across a wide range of CEOs is being driven by an initiative with Just Capital.
- There is an opportunity to open up job markets that were previously difficult to access due to remote work.
- The use of AI may open up opportunities for people with different skills.
- Collaboration between the public and private sectors is needed to create jobs and align around basic principles.
- Innovation is needed to fill technology gaps and bring new ideas to the table.
- The US has a good working relationship with Germany and wants to keep a strong relationship with allies.
- The US does not back minimum service levels.
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Description
Explore key insights from a panel discussion focusing on the future outlook for the world of work, including the Reskilling Revolution initiative and the importance of reskilling and upskilling people post-pandemic. Learn about opportunities in social and green sectors as well as disruptions from technological shifts and the green transition.