Technology and The Future of Jobs, a 2020 report by ILO
In a new report published by the International Labour Organization titled 'Global Employment Trends for Youth 2020: Technology and The Future of Jobs', it was found that a narrow focus on vocational training, lack of jobs matching qualifications and automation creates uncertainty for the future of the labour market amongst young people, who are aged between 15-24.
These become a concern as the number of young people who are currently not in employment, education or training (NEET) is on the rise, which puts greater risk for the future of the labour market.
Moreover, the report saw that the younger generation, of those who are employed, will more likely be replaced by automation and puts those with vocational training at risk by succumbing to vulnerability. Such findings brings uncertainty and challenges for the future of young people.
The report also highlights the importance of revising and modernising vocational training programmes to meet the changing demands of the digital economy faced by the technological advances of the Fourth Industrial Revolution.
The report examines the technological advances of the Fourth Industrial Revolution and how this has created both opportunities and challenges in the labour market amongst young people. To read more about this click here.