By James Manyika, Dec. 2016
Automation, digital platforms, and other innovations are changing the fundamental nature of work.
Understanding these shifts can help policy makers, business leaders, and workers move forward, writes James Manyika in a briefing note prepared for the Fortune + Time Global Forum in Vatican City.
The world of work is in a state of flux. There is growing polarization of labor-market opportunities between high- and low-skill jobs, unemployment and underemployment (especially among young people), and stagnating incomes for a large share of households. Migration and its effects on jobs has become a sensitive political issue in many advanced economies. And from Manchester to Mumbai, public debate rages about the future of work and whether there will be enough jobs to gainfully employ everyone.
The development of automation, enabled by technologies including robotics and artificial intelligence, brings the promise of higher productivity, increased efficiencies, safety, and convenience. But it also raises difficult questions about the broader impact on jobs, skills, wages, and the nature of work itself. Many activities that workers carry out today could be automated. Job-matching sites such as LinkedIn and Monster are changing and expanding the ways individuals look for work and companies identify and recruit talent. Independent workers are increasingly choosing to offer their services on digital platforms such as Upwork, Uber, and Etsy; in the process, they are challenging conventional ideas about how and where work is undertaken.
For policy makers, business leaders, and workers themselves, these shifts create considerable uncertainty alongside the potential benefits. This briefing note aims to provide a fact base to stimulate discussion. It highlights recent findings from research by the McKinsey Global Institute and others on technology, jobs, and the future of work.
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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