In 2020, the global workforce lost an equivalent of 255 million full-time jobs, an estimated $3.7 trillion in wages and 4.4% of global GDP, a staggering toll on lives and livelihoods. While vaccine rollout has begun and the growth outlook is predicted to improve, an even socio-economic recovery is far from certain.
The choices made by policymakers, business leaders, workers and learners today will shape societies for years to come. At this critical crossroads, leaders must consciously, proactively and urgently lay the foundations of a new social contract, rebuilding our economies so they provide opportunity for all.
In this context, the Forum remains committed to working with the public- and private sectors to provide better skills, jobs and education to 1 billion people by 2030 through initiatives to close the skills gap and prepare for the ongoing technological transformation of the future of work.
How education can adapt to prepare learners for tomorrow’s demands
In the face of global challenges, higher education must foster a culture of digital literacy and nurture in students the skills to solve complex problems.
It’s time we transformed education. Here’s how
More than 250 million school-aged children are not in school, trapping them in a spiral of hopelessness. Education must be prioritized to create a sustainable, inclusive future.
Why it’s time to use reskilling to unlock women’s STEM potential
Fostering private, public and philanthropic collaboration, cultivating mentorship and delivering tailored solutions could help address the lack of women in STEM.
3 tips for cultivating a global talent pool of skilled employees in a new era of tech
There is a global shortage of skilled employees able to keep up with emerging tech. Here are three tips to help unlock the potential of a global talent.
How Singapore's data-driven approach is building a skills-first economy
In a rapidly evolving world the transition to a skills-based labour market is a key solution. Here's how Singapore is building a data-driven skills ecosystem.
Developing a resilient workforce: Public and private sector strategies for continuous people development and meaningful jobs
In today’s rapidly changing world, investing in continuous people development and creating meaningful jobs is crucial for a modern and resilient society.
How AI and human teachers can collaborate to transform education
Institutions must invest in the infrastructure to use AI in education and train teachers to use it – while also ensuring this tech is available to all.
From classroom to career: Building a future-ready global workforce
By integrating adaptability, cross-cultural skills and digital fluency into curricula, a new era of workforce development can support the global economy.
7 innovative ways to unlock funding for a global reskilling revolution
These initiatives show how public and private organizations can share responsibility with employees, for upskilling and reskilling the world's workforce.
3 things we learned about AI and skilling from experts
Businesses predict that almost half of workers’ core skills will be disrupted by AI in the coming years. Here are three things to know about AI and skilling from experts
How repurposing old schools helps sustain resilience in ageing Japanese communities
Repurposing closed schools revitalizes ageing communities by attracting people and businesses in Japan, fostering resilience and boosting local economies.
How 'green education' could speed up the net-zero transition
Education that tackles the green skills shortage can help shape the global economy. Here's how strategic philanthropy can help design and deliver it.