The Distributed Workforce Permits New Globalization
COVID-19 has changed the way we work forever. In response to lock-downs, many companies moved their operations online, effectively allowing employees to work from anywhere in the world. The effect that this will have remains unknown, but it could enable a new wave of globalization.
Remote Work: The Vehicle Traffic Reduction Benefits
There are 273.6 million vehicles registered in the U.S. — that’s an average of 1.97 cars per household, which could drop to 1.87 post-pandemic. The cumulative effect of people driving less is that the equivalent of 14 million fewer cars will be needed.
Why Upskill Initiatives Gained Momentum in 2020
“Recent studies show that nearly 30% of employees feel their skills will be redundant within the next two years. Nearly 50% of those in Gen-Y and Gen-Z think their skills will be irrelevant in the next four to five years.”
Why the Brave CEOs will Prosper in a Post-Pandemic World
“During the Great Depression of the 1930s, IBM’s CEO, Thomas Watson, proved a point that today’s executives should consider. In the worst of times, bravely bucking pressure to lay off workers and instead investing in the business can tee up explosive growth later.”
via Business Insider
How COVID-19 Affected the U.S. Labor Market
“New Gallup Panel survey data from April 13-19 show that 33% of adults in the U.S. labor force have been laid off or have seen reduced hours because of COVID-19. That amounts to an estimated 54 million U.S. workers.”
How Digital Transformation Drives Demand for IT Talent
IDC explored the impact that Digital Transformation (DX) will have on job skills and emerging roles within an enterprise organization. DX-related job roles focus on extracting and developing the value and utility of information, making business operations more effective and accelerating workforce transformation.
Davos: Why the World is Facing a Reskilling Emergency
More than 1 billion jobs, almost one-third of all jobs worldwide, are likely to be transformed by technology in the next decade, according to OECD estimates. By just 2022, the World Economic Forum estimates 133 million new jobs in major economies will be created to meet the demands of the Fourth Industrial Revolution.
Global Skills Index: Macro Trends in Talent Demand
“The problem continues to be exacerbated by the speed of technology development, with the most sought-after skills seemingly more difficult to come by, creating a real global skills dilemma and causing those unemployed to lose confidence, in turn pushing up underemployment and reducing wage pressure, as well as output.”
The Impact of Tech Skills-Related Poverty in America
“Roughly three-in-ten adults with household incomes below $30,000 a year (29%) don’t own a smartphone. More than four-in-ten don’t have home broadband services (44%) or a traditional computer (46%). And a majority of lower-income Americans are not tablet owners.”
Cyberstates: Outlook for U.S. IT Employment Growth
The outlook for future employment growth remains positive. Cyberstates projects the base of U.S. technology occupation employment will grow to 8.6 million by 2026. Retirements will put even more pressure to meet the need for tech talent, according to CompTIA.
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