The Future of Jobs – Reports – World Economic Forum

English: Official logo of the World Economic F...

English: Official logo of the World Economic Forum. (Photo credit: Wikipedia)

English: (The Depression) The Single Men's Une...

English: (The Depression) The Single Men’s Unemployed Association parading to Bathurst Street United Church. Toronto, Canada Français : (La Dépression) Membres de la Single Men’s Unemployed Association se dirigeant vers l’Église unie de la rue Bathurst. Toronto, Canada. (Photo credit: Wikipedia)

English: US Whig poster showing unemployment i...

English: US Whig poster showing unemployment in 1837 (Photo credit: Wikipedia)

This is an outstanding, easy to read publication from the WEF. If you’re worried about job prospects, either for yourself or partner or perhaps for children and grand-children, this is a good read.

WEF argue that the Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. It concludes that new categories of jobs will emerge, partly or wholly displacing others.

Source: The Future of Jobs – Reports – World Economic Forum

Unfortunately, I fear that this article only deals with part of the challenge. Even those lucky enough to have jobs or possibly careers in the future will face periods without work.

I sense that there is a wider open question:

How should millennials prepare for fewer jobs in the future?


Opinion – May on the march with ‘demobilisation of Cameroons’ — George Parker – – John Gelmini

Dr Alf brings us an interesting piece from the FT but for Mrs May the honeymoon has already ended.

Hubris about Owen Smith and Jeremy Corbyn is all well and good but people will want delivery as business as usual and promises that things will “take time” with no intention to do anything will no longer cut it here or anywhere else.

Brexit will be one area where backsliding will not be tolerated and grammar schools will become a needless distraction that will cause splits.

What is needed is comprehensive schools run by bodies other than local authorities with “setting” in relevant subjects run on Singaporean lines plus two years of compulsory national service and longer school hours, whole class teaching, foreign language teaching, PE and rigorous discipline.

Burying austerity is fine but where is the export and inward investment strategy to replace what David Cameron and his “Dreaming Spires” men and woman failed to do?

Similarly, the House of Lords needs to be abolished and British big business needs the Bunsen burner treatment for its corpulent and lazy chief executives and useless, risk averse boards of overpaid golfers and out of touch plutocrats who think and know that they can do whatever they like.

Real founding directors who create jobs and deliver export led growth should be supported and can earn extraordinary amounts of money justifiably but the rest are not “world class” business people as they pretend to be but are grossly overpaid “because I’m worth its” whose pay needs to be a more sensible multiple of average earnings to reflect what they actually deliver.

Mrs May makes speeches about the police but still there is no real reform of constabulary numbers, councils are still far too numerous and even the Boundary Commission changes are far too small, we need a 67% reduction in the number of MPs not a 10% reduction introduced too slowly.

Executive pay, worker productivity, the NHS, strikes in essential public services and the obesity and dementia crisis are all things that need to be tackled with messianic vigor with examples made.

Local authorities, police and fire commands, the NHS and the BBC act as roadblocks to economic reform.
Simply cutting funding and hoping that those in charge will get the message is not enough so to provide an example May needs to fire Jeremy Hunt, ban strikes in essential public services and fire an  replace the junior doctors still demanding 30% more money for weekend working (nothing to do with patient care). Privatising the BBC would be another useful step, as would a National police force with the British Transport police, the City and Corporation of London police, the Nuclear police all merged into a new flat structure with one Chief Constable and a clear-out of the other 45 pensioned off.

John Gelmini