The COVID-19 pandemic has taken a serious toll on the entire planet. Our daily habits changed, our interactions changed, our work lives changed. All the minor changes in everyone’s life added up to bring tremendous changes to the life of our nations, especially on the economy front. The pandemic brought to the surface the flaws and weaknesses of our economies, disrupting the already frail balance that governed people’s lives. Life worsened particularly for people whose life was already in disadvantaged situations. The pandemic has caused a rise in unemployment that was already increasing because of the rise of automation and new
Tag: Upskilling
Re-skilling & Up-skilling In The Evolving Online Workplace
Digitalisation, robotisation, automation, sustainability, diversity and remote. COVID-19 has acted as a catalyst for a new environment that forces companies to abandon outdated functions and update their workforce through training.Between 75 and 375 million workers (3% to 14% of the global workforce) will need to change their occupational category by 2030 due to automation, artificial intelligence and digitalisation. Hence, concepts such as ‘re-skilling’ and ‘up-skilling’, which have always existed in the company, take on special importance. In the last year, the term ‘re-skilling’ has gained strength, a word that encompasses the continuous process of recycling skills and knowledge that we
The new world of work requires reskilling and upskilling
In recent years, the job market has changed exponentially. The New York Times recently reported that the trend of automation has increased, particularly as businesses navigate the uncertain and challenging economic landscape caused by the effects of the global pandemic. As the human race were unable to convene in the workplace as usual, employers and business owners sought to find new ways of working. Combined with minimum wage increases and the current difficulty in finding quality workers to begin with, it seems like an increase in automation is the effective way for businesses to try to meet demand and lower costs in the post-pandemic economy. It