By 2030, approximately 92 million remote “global digital jobs” may be available to the worldwide labor force, meaning that workers, corporations, and nations could experience significant economic disruption. In this World Economic Forum white paper, labor experts Elselot Hasselaar and Anne Lebel offer a comprehensive analysis of the global workplace and the advantages, opportunities, obstacles, and externalities of global digital jobs. They examine the strategic and tactical architecture that countries and businesses will need to effectively engage with a remote workforce. Corporate leaders and business owners will find valuable insights in their detailed report.
In today’s rapidly evolving digital landscape, the potential for global digital jobs is immense. “Realizing the Potential of Global Digital Jobs,” a groundbreaking book by the World Economic Forum and Capgemini, delves into the opportunities and challenges of this exciting frontier. Discover how you can leverage the power of digital jobs to transform your career and contribute to the global economy.
Dive into this comprehensive guide and unlock the secrets to success in the world of global digital jobs. Read on to learn how you can harness the potential of this transformative trend and position yourself for a thriving career in the digital age.
Table of Contents
- Genres
- Review
- Take-Aways
- Summary
- A surge in “global digital jobs” will radically alter the labor force dynamic for nations, corporations, and workers.
- People will require advanced degrees to fill the growing number of these jobs.
- Even as global digital jobs migrate toward low- and lower-income countries, stakeholders will face significant headwinds.
- About the Authors
Genres
Technology, Business, Economics, Globalization, Workforce Development, Future of Work, Digital Transformation, Skills Development, Employment, Career Guidance
“Realizing the Potential of Global Digital Jobs” offers a comprehensive exploration of the opportunities and challenges presented by the rise of digital jobs on a global scale. The book, a collaboration between the World Economic Forum and Capgemini, provides insights into the current state of digital jobs, the skills required to succeed in this domain, and the strategies needed to foster inclusive growth and development.
It examines the impact of digital jobs on various sectors, including healthcare, education, and finance, and highlights the potential for digital jobs to drive economic growth and social progress. The book also addresses the need for skills development and the role of governments, businesses, and individuals in realizing the full potential of global digital jobs.
Review
“Realizing the Potential of Global Digital Jobs” is a must-read for anyone interested in the future of work and the digital economy. The book offers a well-researched and insightful analysis of the opportunities and challenges associated with global digital jobs.
The authors provide a balanced perspective, acknowledging the potential for digital jobs to drive economic growth and social progress while also addressing the need for skills development and inclusive policies. The book is well-structured, with clear examples and case studies that illustrate the key concepts.
The authors’ expertise in the field is evident throughout the book, and their insights are both informative and thought-provoking. However, some readers may find the book’s focus on policy and strategy to be somewhat dry at times. Overall, “Realizing the Potential of Global Digital Jobs” is an essential resource for policymakers, business leaders, and individuals seeking to navigate the challenges and opportunities of the digital age.
Take-Aways
- A surge in “global digital jobs” will radically alter the labor force dynamic for nations, corporations, and workers.
- People will require advanced degrees to fill the growing number of these jobs.
- Even as global digital jobs migrate toward low- and lower-income countries, stakeholders will face significant headwinds.
Summary
A surge in “global digital jobs” will radically alter the labor force dynamic for nations, corporations, and workers.
Digital technologies are driving economic disruption in the global labor force. Innovations in artificial intelligence, communications, and information services are generating massive opportunities for remote work and the rise of global digital jobs. By 2030, the number of these jobs will increase from their current level of 73 million to 92 million.
“Global digital jobs pose an opportunity for both the labor markets in advanced economies that have been exceptionally tight and for developing economies that face higher unemployment rates through connecting talent and job opportunities across borders.”
From a global financial perspective, this growth in remote work provides a catalyst for transformational change in both advanced and emerging economies. According to the OECD, in the 2010s, open positions surged by 188% in “upper-middle-income and high-income countries,” while at the same time, the labor pool expanded by 8.5% in “low-income and lower-middle-income countries.” According to economists, this supply-demand dynamic will accelerate the movement of global digital work from high-income nations to lower-income markets.
People will require advanced degrees to fill the growing number of these jobs.
The global digital jobs of the future — among them financial managers, information security analysts, lawyers, and graphic designers — will require workers to hold bachelor’s degrees, master’s degrees, or PhDs. Across the world, the number of people holding such credentials continues to increase, and the number of workers outside the advanced economies holding such degrees is also growing.
“The balance of the world’s more highly educated people and those with skills relevant to global digital jobs has already moved away from high-income countries — a trend that will continue through demographic changes.”
Opportunities for workers in emerging market economies to fill employee shortages in advanced economies will multiply. Consider, as an example, the diminished labor supply for global digital jobs in Hungary, Germany, and Belgium. These roles can be filled with talent from, for example, Côte d’Ivoire, Ghana, and Jordan, where the labor supply is more robust.
Even as global digital jobs migrate toward low- and lower-income countries, stakeholders will face significant headwinds.
Matching labor supply and demand for global digital jobs is not a seamless proposition. Companies, countries, and the worker population must address strategic and operational obstacles. National leaders and company executives must deploy capital into designing next-generation technology architecture. To facilitate this international job surge, officials should craft straightforward and non-complex tax and regulatory regimes. Workers must continuously upgrade their skill sets to match the requirements of global digital jobs. Companies and nations must develop world-class, freely accessible educational offerings.
“Global digital jobs, if managed well, have the potential to drive economic growth, create new opportunities, and improve the lives of people around the world.”
Work roles in the coming decades will differ substantively from those of previous generations. Stakeholders must adapt accordingly to an international landscape of digital jobs.
About the Authors
Elselot Hasselaar is Head of Mission, Work Wages, and Job Creation at the World Economic Forum. Anne Lebel is Chief Human Resource Officer at Capgemini.