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The global labor market is experiencing significant changes due to technological advancements, climate change, demographic shifts, and economic uncertainties. These factors are reshaping job creation, displacement, and the skills required for future employment. Reports from various institutions highlight the need for reskilling and adapting to new job demands driven by these transformations.
The Future of Jobs Report 2025 indicates that by 2030, 170 million new jobs will emerge, while 92 million will be lost, emphasizing the importance of digital and technology-related skills. Additionally, the Quality Jobs report for Asia and the Pacific underscores the rising demand for care services due to an aging population. Public-private partnerships are essential for aligning skills with market needs and ensuring equitable job access.
• Technological advancements will significantly impact jobs and required skills.
• Reskilling and upskilling are crucial for adapting to future job demands.
Digitalization transforms labor markets by creating new jobs and requiring new skills.
The green transition positively affects job creation but necessitates skill adaptation.
Reskilling is essential for workers to adapt to changing job requirements and technologies.
The World Economic Forum conducts research on the impact of technological and economic trends on labor markets.
The Asian Development Bank explores job quality and creation in the context of demographic and digital transitions.
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