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While the coronavirus spreads, governments are attempting to reduce contagion rates at the expense of negative economic effects. Market expectations plummeted, foreshadowing the risk of a global economic crisis and mass unemployment. Governments provide huge financial aid programmes to mitigate...
Persistent link: https://www.econbiz.de/10014097288
In today’s economies, knowledge is the key ingredient for prosperity. However, it is hard to measure this intangible asset appropriately. Standard economic models mostly rely on common measures such as enrollment rates and international test scores. However, these proxies focus rather on the...
Persistent link: https://www.econbiz.de/10014103692
The uniqueness of human labour is at question in times of smart technologies. The 250 years-old discussion on technological unemployment reawakens. Prominently, Frey and Osborne (2017) estimated that half of US employment will be automated by algorithms within the next 20 years. Other follow-up...
Persistent link: https://www.econbiz.de/10013230456
For emerging professions, such as jobs in the fi eld of artifi cial intelligence (AI) or sustainability (green), labour supply does not meet industry demand. In this scenario of labour shortages, our work aims to understand whether employers have started focusing on individual skills rather than...
Persistent link: https://www.econbiz.de/10014497402
Persistent link: https://www.econbiz.de/10014462668
For emerging professions, such as jobs in the field of Artificial Intelligence (AI) or sustainability (green), labour supply does not meet industry demand. In this scenario of labour shortages, our work aims to understand whether employers have started focusing on individual skills rather than...
Persistent link: https://www.econbiz.de/10014443842
For many newly emerging jobs, labour-market mismatches prevail as workers and firms are unable to apply precise occupation taxonomies and training lags behind workforce needs. We report on how data can enable useful foresight about skill requirements and training needs, even when that data has...
Persistent link: https://www.econbiz.de/10013373060
The global workforce is urged to constantly reskill, as technological change favours particular new skills while making others redundant. But which skills are most marketable and have a sustainable demand? We propose a model for skill evaluation that attaches a market value to a set of 962...
Persistent link: https://www.econbiz.de/10014243856
The Online Labour Index (OLI) was launched in 2016 to measure the global utilisation of online freelance work at scale. Five years after its creation, the OLI has become a point of reference for scholars and policy experts investigating the online gig economy. As the market for online...
Persistent link: https://www.econbiz.de/10013226734
Digital technologies are radically transforming our work environments and demand for skills, with certain jobs being automated away and others demanding mastery of new digital techniques. This global challenge of rapidly changing skill requirements due to task automation overwhelms workers. The...
Persistent link: https://www.econbiz.de/10013229620