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How Skills Will Be Crucial As We Adapt To The Post-Covid World

The Horizons Tracker

“We’re likely to see a huge amount of disruption in the labor market in the coming years, with existing jobs lost to economic and technological factors, and new jobs created that will require new skills,” Jeff Maggioncalda, CEO of Coursera told me recently. ” Skills for the post-Covid world. billion per year.

Skills 129
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Helping The Less Well Off Means Recessions Are Shallower

The Horizons Tracker

“I find that the unequal incidence of aggregate fluctuations in the labor market increases the aggregate marginal propensity to consume, providing a measurement for a key moment in a new class of heterogeneous agent models.” The paper highlights how recessions seldom affect workers, or indeed companies, equally.

Crisis 130
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Working Mothers Are Important Contributors to the U.S. Labor Force

HR Digest

Similarly, 42 percent of working mothers would look for higher pay, and 29 percent work seek additional training to boost their careers. The UN Women website states that by increasing female employment in OECD countries to match the levels presented by Sweden, GDP could be boosted by over $6 trillion.

GDP 98
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Amazing AI Facts That Could Change The World

Strategy Driven

The demand for data scientists will be over 50% more than the supply, making it a VERY smart career path to follow. PWC believes global GDP will rise by 14% by 2030 due to AI. AI will soon be used as a marketing tool and will be developed for a more personalised email marketing campaign, changing the landscape of marketing.

Banking 74
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How Workplace Equality Can Drive The Economy (With A Little Help From AI)

The Horizons Tracker

This would allow them to explore how balance in the workplace contributes towards GDP. GDP is attributable to these declining barriers in the labor market,” the authors explain. “Over the last 50 years, more than a quarter of all growth in the U.S. ” AI uncovering inequality.

GDP 82
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Are We Still Attracted By The Bright Lights?

The Horizons Tracker

The researchers developed a dynamic spatial model that includes factors that contribute to higher wages (labor market agglomeration), higher rents, the costs associated with moving, and other locational preferences. The GDP of the larger cities was found to decline by 16%, but there was also a decline in GDP of 2.4%

GDP 95
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Low-Skilled Immigration Is Needed To Overcome The Western Worker Crunch

The Horizons Tracker

This bias towards high-skilled immigrants is demonstrated by the “labor availability test”, which says that people from outside the EU can only come to Finland to work if no one from either the Finnish or European labor market can fill the role. Such an attitude is not only elitist, but also illogical.

Skills 98