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Showing posts with the label skill in IR4

A reskilling revolution!

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75 mn jobs to be displaced by 2022 in 20 major economies! Important to invest in people! According to Børge Brende, President, World Economic Forum (WEF), as the world faces the transformative economic, social and environmental challenges of Globalization 4.0, it has never been more important to invest in people. And Brende inks, ‘We need a reskilling revolution. Here's how to make it happen!’ Valuing human capital not only serves to equip individuals with the knowledge and skills to respond to systemic shifts, it also empowers them to take part in creating a more equal, inclusive and sustainable world.   Education is and will remain critical for promoting inclusive economic growth and providing a future of opportunity for all. But as the technologies of the Fourth Industrial Revolution create new pressures on labour markets, education reform, lifelong learning and reskilling initiatives will be key to ensuring both that individuals have access to economic op...