What is SDG4.4. Comparing 1952 workforce to 2022 workforce. What is the world of work. Definition of knowledge economy. What is the key component of knowledge economy. What are the 4 pillars of knowledge economy. What are the main elements of KEI in 2000, and in 2012. Summary of trends of KEI. What...
Pre-reading:
Nesta Pearson The Future of Skills (pp 1-16)
Findings:
One-tenth of workforce in jobs that are likely to grow
One-fifth in jobs that will shrink
7 in 10 ppl in jobs where the future is uncertain
Jobs to fall in employment = low or middle-skilled occupations
E.G. manufacturing production, administrative, secretarial & sales
occupations
Job likely to grow = non-tradable services
E.G. food prep, elementary services & hospitality
& education, healthcare, wider public sector
& sports & fitness, therapy
Growth in professional occupations
E.G. creative, digital, design, engineering (due to growth of digital tech)
Strong relationship between higher-order cognitive skills & future
occupational demand
Need for broad-based knowledge & specialised knowledge
Broad = eng lang, history, philosophy, administration, management
Specialised = foreign langs, maths, engineering, science, tech
Important demands for occupations = fluency of ideas, judgement,
decision-making, operations analysis, etc
Occupations under strain due to structural change that is
interrupting employment lvls & occupational patterns
Skills mix of workforce can be upgraded to target new opportunities
BUT businesses & individuals need to respond appropriately for this
to occur
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