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Skills enhancement can add 5.3 million new jobs and may increase global productivity by 3%

Investment in upskilling can boost global GDP by $6.5 trillion by 2030: WEF ANI | Updated: Jan 25, 2021 15:23 IST Geneva [Switzerland], Jan 25 (ANI): Accelerated investment in upskilling and reskilling of workers can add at least 6.5 trillion dollars to global GDP, create 5.3 million new jobs by 2030 and help develop more inclusive and sustainable economies worldwide, according to a World Economic Forum report published on Monday. The report titled Upskilli...

The report, Upskilling for Shared Prosperity, authored in collaboration with PwC, found that accelerated skills enhancement would ensure that people have the experience and skills needed for the jobs created by the Fourth Industrial Revolution - boosting global productivity by 3 per cent, on average, by 2030.

Accelerated investment in upskilling and reskilling of workers could add at least $6.5 trillion to global GDP, create 5.3 million (net) new jobs by 2030 and help develop more inclusive and sustainable economies worldwide, said a WEF report.

India has the second-highest additional employment potential at about 23 lakh, after the US at close to 27 lakh

Modern Diplomacy If the 2010s were a decade of defiance and dissent, the 2020s promise to make mass anti-government protests a fixture of the greater Middle East’s political landscape. Protests in the coming decade are likely to be fuelled by the challenges Middle Eastern states face in enacting economic and social reforms as well as reducing their dependence on energy exports against the backdrop of a global economic crisis and depressed oil prices and energy markets. Complicating the challe...

launches SEED program to build a more equitable economy Southwestern, ON – The COVID-19 pandemic has amplified social inequities across systems posing even greater challenges for entrepreneurs from marginalized communities who already faced barriers to success. This is especially true for woman-identified and nonbinary social entrepreneurs, whom are often unable to access what they need from business coaching and support systems to build successful social enterprises.   The latest program of...

Published on 3 February 2021 Understanding and addressing exclusion in the context of the COVID-19 pandemic   This session is designed to meet the needs of health and social development advisers and those from the wider health network and from other cadres with an interest in health, equity and justice. ​​​​​​​ Why this session now? The impacts of COVID-19 have been harshest for existing marginalized and excluded groups; although new vulnerabi...

By Aurelio R. Montinola III (This article, with some light editing, was lifted from the Inaugural Speech delivered by the author as the President of the Management Association of the Philippines for 2021.) First, a look back at 2020. The year 2020 was unexpectedly a year of severe and multiple crises. We had and have a Health Crisis. The COVID-19 Coronavirus Pandemic hit the world and the Philippines like a giant sledgehammer. Global statistics show over 94 million COVID-19 cases, over 2 millio...

THE STANDARD By Dr Samantha Opere | January 17th 2021 at 06:10:00 GMT +0300 Dr Samantha Opere At the African Union Summit in Malabo, Equatorial Guinea, in June 2014, African governments adopted the Malabo Declaration on Accelerated Agricultural Growth and Transformation for Shared Prosperity and Improved Livelihoods.  This Declaration set forth a series of concrete development goals to be reached by 2025, including achieving a 6 per cent annual agricultural growth rate and a 10 per cent agri...