http://www.weforum.org/
Remuneration for top jobs continues to increase while mechanization and offshoring have eroded middle-wage jobs. Inequality in capital and income are on the rise and the trend shows no signs of abating. With 42 million people striving to join the workforce every year, is this trend reversible?
– What are the long-term concerns for youth in this tough market?
– What solutions could alleviate this trend in the short term?
– How can the labour market be re-organized?
– Is globalization driving inequality?
• Stefan Löfven, Prime Minister of Sweden.
• Jonas Prising, Chief Executive Officer, ManpowerGroup, USA.
• Hélène Rey, Professor of Economics, London Business School, United Kingdom; Global Agenda Council on Global Economic Imbalances.
• Guy Ryder, Director-General, International Labour Organization (ILO), Geneva.
• Bernadette Ségol, General Secretary, European Trade Union Confederation (ETUC), Belgium.
Moderated by
• Andrew McAfee, Principal Research Scientist, MIT Center for Digital Business, Massachusetts Institute of Technology (MIT), USA; Global Agenda Council on the Future of Jobs.
Fantastic discussion. I have a question: assuming Andrew McAfee’s
predictions come true, what jobs will be available to the average young
worker when machines create, build, and contribute to the economy like
average people now do? As a reminder, Andrew McAfee’s very, very confident
predictions are: within 10 years, technology will be a better automobile
driver in most conditions; it will be a better pilot in every airplane; it
will do most jobs in factories cheaper than people; it will be the world’s
best medical diagnostician; and it will be the world’s best financial
adviser.
We need to move quickly on these questions. Gallup CEO Jim Clifton made a
key point this week when he stated that the US Unemployment rate is not
measured correctly at 5.6% since ten times that or 56% of US Adults do not
have a full time job right now. This problem is huge due to the loss of 15
million jobs in the recession. As a first step, we must get 30%+ Women
integrated into the World Economic Forum in order to change the leadership
approach to job creation, job hours, maternity leave and to get Banks, VC,
Angel Investors and CEOs to invest in in many more Women Leaders and
Entrepreneurs. I look forward to helping the WEF on this topic. I would
like to add that if any CEO tells me there is shortage of skilled talent, I
tell them they must be kidding. I have never seen so much qualified talent
not being utilized than right now. I also tell those CEOs to invest in
their Training Departments. Best wishes, Sandra Rupp, Executive Coach