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FUTURE OF WORK AND SKILLS - OECD

FUTURE OF work AND SKILLS . Organisation for Economic Co-operation and Development (OECD). Paper presented at the 2nd Meeting of the G20 Employment Working Group 15-17 February 2017. Hamburg, Germany 1. Summary Three ongoing mega-trends have the potential of significantly altering the nature of work in all G20. countries, albeit with different intensity: globalisation, technological progress and demographic change - as well as the changes in values and preferences that will go paired with them. Together, these trends are likely to affect the quantity and quality of jobs that are available, as well as how and by whom they will be carried out. Driven by these trends, the FUTURE of work will no doubt offer unparalleled opportunities. New technologies and new markets will generate new and more productive jobs. The ability to de-bundle jobs into smaller tasks will allow work to be carried out more efficiently on a truly global, digital assembly line.

workers are retiring. Population ageing is also likely to lead to important reallocations of labour and resources across sectors and occupations as consumer tastes change: demand is likely to shift from durable goods (such as cars) towards services (such as health care). In countries with a young and growing

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