
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)
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?
Thoughts?