Framing the Future of Work

Digital technologies affect employment through complex channels: automation, connectivity, and innovation. Labor-saving technologies coupled with reshoring may disrupt labor markets in developing countries and result in job losses. Yet, technologic...

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Main Authors: Christensen, Luc, D’Souza, Ritika, Gatti, Roberta V., Valerio, Alexandria, Sanchez Puerta, Maria Laura, Palacios, Robert J.
Format: Brief
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/806971539845535746/Framing-the-future-of-work
http://hdl.handle.net/10986/30589
id okr-10986-30589
recordtype oai_dc
spelling okr-10986-305892021-07-04T09:01:57Z Framing the Future of Work Christensen, Luc D’Souza, Ritika Gatti, Roberta V. Valerio, Alexandria Sanchez Puerta, Maria Laura Palacios, Robert J. DIGITAL ECONOMY LABOR SKILLS SKILLS DEVELOPMENT JOB CREATION TECHNOLOGY CHANGE AUTOMATION Digital technologies affect employment through complex channels: automation, connectivity, and innovation. Labor-saving technologies coupled with reshoring may disrupt labor markets in developing countries and result in job losses. Yet, technological change drives productivity gains in both white-collar and blue-collar jobs either through ICT uptake or modern mechanical technologies. The ‘gig economy’ changes the traditional employer-employee relationship as it introduces new types of work. Digital platforms increase flexibility and labor market transparency, but delink workers from employers and from social benefits and protections making them more vulnerable. Policymakers in rich and poor countries alike should rethink social protection mechanisms. Technology diffusion has created divided worlds varying by region and income level. Job automation is likely to have a greater impact on less skilled workers than those with a university education (40 percent versus 5 percent in OECD countries). Moving towards a digital economy will reward those with access to broadband connectivity, strong institutions, and digital literacy. Future workers must acquire basic IT skills together with socio emotional skills that adapt to a lifelong learning environment in a changing jobs landscape. Technology can also increase labor market access for women and persons with disabilities, given the right ‘analog’ complements are in place. Technological change will affect the number, quality, and distribution of jobs across the world. In developing countries, the future workforce should be ready to embrace technology, digital literacy, and connectedness—bringing everyone closer to the technological frontier. 2018-10-23T17:23:39Z 2018-10-23T17:23:39Z 2018-10-17 Brief http://documents.worldbank.org/curated/en/806971539845535746/Framing-the-future-of-work http://hdl.handle.net/10986/30589 English Jobs Notes;No. 6 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DIGITAL ECONOMY
LABOR SKILLS
SKILLS DEVELOPMENT
JOB CREATION
TECHNOLOGY CHANGE
AUTOMATION
spellingShingle DIGITAL ECONOMY
LABOR SKILLS
SKILLS DEVELOPMENT
JOB CREATION
TECHNOLOGY CHANGE
AUTOMATION
Christensen, Luc
D’Souza, Ritika
Gatti, Roberta V.
Valerio, Alexandria
Sanchez Puerta, Maria Laura
Palacios, Robert J.
Framing the Future of Work
relation Jobs Notes;No. 6
description Digital technologies affect employment through complex channels: automation, connectivity, and innovation. Labor-saving technologies coupled with reshoring may disrupt labor markets in developing countries and result in job losses. Yet, technological change drives productivity gains in both white-collar and blue-collar jobs either through ICT uptake or modern mechanical technologies. The ‘gig economy’ changes the traditional employer-employee relationship as it introduces new types of work. Digital platforms increase flexibility and labor market transparency, but delink workers from employers and from social benefits and protections making them more vulnerable. Policymakers in rich and poor countries alike should rethink social protection mechanisms. Technology diffusion has created divided worlds varying by region and income level. Job automation is likely to have a greater impact on less skilled workers than those with a university education (40 percent versus 5 percent in OECD countries). Moving towards a digital economy will reward those with access to broadband connectivity, strong institutions, and digital literacy. Future workers must acquire basic IT skills together with socio emotional skills that adapt to a lifelong learning environment in a changing jobs landscape. Technology can also increase labor market access for women and persons with disabilities, given the right ‘analog’ complements are in place. Technological change will affect the number, quality, and distribution of jobs across the world. In developing countries, the future workforce should be ready to embrace technology, digital literacy, and connectedness—bringing everyone closer to the technological frontier.
format Brief
author Christensen, Luc
D’Souza, Ritika
Gatti, Roberta V.
Valerio, Alexandria
Sanchez Puerta, Maria Laura
Palacios, Robert J.
author_facet Christensen, Luc
D’Souza, Ritika
Gatti, Roberta V.
Valerio, Alexandria
Sanchez Puerta, Maria Laura
Palacios, Robert J.
author_sort Christensen, Luc
title Framing the Future of Work
title_short Framing the Future of Work
title_full Framing the Future of Work
title_fullStr Framing the Future of Work
title_full_unstemmed Framing the Future of Work
title_sort framing the future of work
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/806971539845535746/Framing-the-future-of-work
http://hdl.handle.net/10986/30589
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