The Future of Work

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7 Questions

What percentage of businesses surveyed plan to reduce their workforce due to technology integration?

43%

What skills are in high demand according to the text?

Critical thinking and analysis, problem-solving, and self-management

What percentage of workers do companies estimate will require reskilling of six months or less?

40%

What do employers expect to do to tackle well-being challenges posed by remote work?

Take steps to create a sense of community

How is inequality likely to be affected by the dual impact of technology and the pandemic recession?

It will increase

What percentage of all employees will need reskilling according to the text?

50%

What percentage of businesses report being able to make use of public funds to support their employees through reskilling and upskilling?

21%

Study Notes

  • Technology adoption will continue and may accelerate, transforming tasks, jobs, and skills by 2025.
  • 43% of businesses surveyed plan to reduce their workforce due to technology integration.
  • Employers expect redundant roles to decline and emerging professions to grow by 2025.
  • Skills gaps continue to be high, with critical thinking and analysis, problem-solving, and self-management skills in demand.
  • Companies estimate that around 40% of workers will require reskilling of six months or less.
  • Employers expect to take steps to create a sense of community and tackle well-being challenges posed by remote work.
  • Inequality is likely to be exacerbated by the dual impact of technology and the pandemic recession.
  • There has been a significant increase in online learning opportunities and enrolment.
  • 50% of all employees will need reskilling, and employers expect to offer reskilling and upskilling to just over 70% of their employees by 2025.
  • Currently, only 21% of businesses report being able to make use of public funds to support their employees through reskilling and upskilling.

Are you aware of the latest trends and challenges in the job market? Take this quiz to test your knowledge on the impact of technology on the workforce, emerging professions, skills in demand, and the need for reskilling and upskilling. Explore the key findings of recent surveys and reports on the future of work, including the effects of the pandemic recession and the opportunities and risks of online learning. Sharpen your skills as a job seeker or employer and stay ahead of the game!

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