Farewell, job title. Hello, skill set
Despite swift change in the labour market, we continue to measure workforce supply and demand in an archaic manner - via the supply and demand of job titles.
The Human Capital Index seeks to serve as a tool for capturing the complexity of education, employment and workforce dynamics so that various stakeholders are able to make better-informed decisions. Last year’s edition of the World Economic Forum’s Human Capital Report explored the factors contributing to the development of an educated, productive and healthy workforce. This year’s edition deepens the analysis by focusing on a number of key issues that can support better design of education policy and future workforce planning.