Podcast
Questions and Answers
What percentage of businesses surveyed plan to reduce their workforce due to technology integration?
What percentage of businesses surveyed plan to reduce their workforce due to technology integration?
- 60%
- 10%
- 43% (correct)
- 25%
What skills are in high demand according to the text?
What skills are in high demand according to the text?
- Technical and programming
- Leadership and communication
- Critical thinking and analysis, problem-solving, and self-management (correct)
- Sales and marketing
What percentage of workers do companies estimate will require reskilling of six months or less?
What percentage of workers do companies estimate will require reskilling of six months or less?
- 30%
- 10%
- 20%
- 40% (correct)
What do employers expect to do to tackle well-being challenges posed by remote work?
What do employers expect to do to tackle well-being challenges posed by remote work?
How is inequality likely to be affected by the dual impact of technology and the pandemic recession?
How is inequality likely to be affected by the dual impact of technology and the pandemic recession?
What percentage of all employees will need reskilling according to the text?
What percentage of all employees will need reskilling according to the text?
What percentage of businesses report being able to make use of public funds to support their employees through reskilling and upskilling?
What percentage of businesses report being able to make use of public funds to support their employees through reskilling and upskilling?
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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.
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