Global Scans · Work · Weekly Summary

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WHAT'S NEXT?: AI will replace 16% of jobs over the next decade. A billion people will enter the job market over the next ten years.

• [New] Faculty training and development have become critical in harnessing the full potential of AI for educating students and equipping them with the skills needed. HEPI
• [New] Cities are the innovation centers of the US economy, but technological disruptions can exclude workers and inhibit a middle class. Nature
• [New] In the UAE, a broader application of ESG standards is expected to create jobs, with a net 52% of businesses expecting it will increase jobs. Economy Middle East
• [New] Invest in research and development, innovation, infrastructure, and skill development to ensure that Indian industries can withstand competition and capitalize on opportunities that arise from participation in the IPEF or other trade frameworks. Civilsdaily
• [New] EU/EFTA nationals who plan to work in Switzerland for less than 3 months may not need a work permit (but should register online prior to commencing employment). ImmiGuides
• [New] Increasing opportunities across various industries is attracting international talent to Dubai, year by year. DAMAC Properties
• [New] One key to Ukraine's recovery will be a robust, growing, and vibrant private sector; and an economy that creates jobs, increases exports, and generates tax revenues. U.S. Agency for International Development
• [New] Investment in the electricity networks is expected to contribute an average of £18.4 billion to GDP and to support around 220,000 jobs each year between 2024 and 2035. Industrial News
• [New] The government price-setting policies for medicines enacted by the Biden administration put at risk, among other things, the jobs of construction workers who build new medical facilities, as dozens of companies say they will scale back investments. Washingtonian
• [New] Most migrants will pay taxes as workers, consumers and residents, with a per capita contribution which is likely to be close to the average UK adult at around £19,500 per year. The Telegraph
• [New] Labour demand cooled more than expected in March, as the number of job openings in the US fell to their lowest level in more than three years. CNN
• [New] Asian nations are seizing the chance offered by online outsourcing and remote gig work to generate millions of job opportunities for their people. The Star
• [New] The aid workers used encrypted messaging apps to provide smugglers with the geographical coordinates of landing areas so they could circumvent Greek coastguard patrols. The Guardian
• [New] The Bank of Canada kept interest rates steady at 5.0%, noting it was still too early to lower the policy interest rate even though recent inflation data suggested monetary policy was working largely as expected. Yahoo Finance
• [New] IT services companies that thrive will scale globally, adapt regionally, and add value through skills and capabilities across government, industry, and defence. Forrester
• [New] More of Australia's top talent will join high-calibre research teams in Europe thanks to recent joint agreements between the ERC and Australia's National Health and Medical Research Council and the Australian Research Council. EURAXESS
• [New] Microsoft today announced a broader commitment to provide AI skilling opportunities for 2.5 million people in Association of Southeast Asian Nations member states by 2025. Asia News Center
• [New] Like so many aspects of the healthcare system, there's a worker shortage, with about 19,500 openings for phlebotomists are projected each year, on average, over the next decade. VatorNews
• [New] By leveraging the right strategies, tools, and technologies, yachting businesses can unlock the full potential of remote work while overcoming the challenges inherent in global team management. Quay Crew
• [New] A high share of the companies surveyed plan to increase employment and investments, while 88% would still choose Romania as a destination for investments. Romania Insider
• [New] Recent strikes by the Union of Auto Workers (UAW) highlighted the risks that EVs may pose to domestic OEMs and US jobs in the automotive sector. Autovista24
• The universities in Balochistan should be geared up, in collaboration with Chinese universities, to come up with degree programmes in the disciplines related to present and future job opportunities under CPEC projects. DAWN.COM

Last updated: 06 May 2024