The future of work is changing rapidly. Take a look at some of the biggest economics trends:
- Remote work: The COVID-19 pandemic accelerated remote work and many companies are now offering flexible work arrangements to their employees.
- Gig economy: More people are choosing (or being forced) to work on a freelance or contract basis, rather than as a full-time employee. This has led to the rise of the gig economy, where people work on short-term projects or provide on-demand services.
- Upskilling and reskilling: Technology is advancing rapidly and workers need to constantly upskill or reskill in order to remain relevant in the workforce. Many companies and governments are investing in training programs to help employees develop new skills.
- Diversity, equity and inclusion: Companies are placing a greater emphasis on building a diverse and inclusive workforce, and are taking steps to address systemic biases and promote equality.
- Automation and artificial intelligence: Advances in technology are leading to the automation of many jobs, and artificial intelligence is being used to perform tasks that were once done by humans. This is leading to a shift in the types of jobs that are available, with a greater demand for workers who can manage and maintain automated systems.
- Employee well-being: Companies are increasingly recognizing the importance of employee well-being, and are offering programs and benefits to support mental and physical health.
Answer the following questions:
- Look at your local job boards and resource centres. What jobs are available? Do they have resources on the future of work in your community? If not, ask them for help in understanding how the future of work will impact your community.
- What job opportunities are most prevalent in your community? Is this a career that interests you? What skills are needed for this career?
- Research your community’s biggest employer. Was it dominant 20 years ago? Do you think it will be the biggest employer 20 years from now? Why or why not?
- Research global workforce trends. What jobs are in-demand? Do these careers interest you? What skills are needed to pursue these careers?
- List several industries or jobs that didn’t exist 20 years ago. Why have these careers emerged as an option?
- What jobs or industries do you think will decline significantly or cease to exist in 20 years?
- What industries in your community are trending upwards? What industries in your community are trending downwards?