Global Scans · Work · Weekly Summary

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] 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
• [New] The greatest point of vulnerability in Yoon's foreign policy is the embrace of relations with Japan and the attempt to resolve historical wartime tensions through a unilateral move to offer compensation payments to former Korean forced labourers. Australian Financial Review
• [New] By working together with industry stakeholders and embracing emerging trends, we can unlock new opportunities for growth and propel India's automotive sector to even greater heights. Economic Times
• [New] New Mexico has the opportunity to continue manufacturing and create jobs. AOL
• [New] Other demands and drivers of work - infrastructure creation and maintenance, healthcare, green energy and energy transition, and other deep tech domains - will continue with more than 800 million new jobs adding 21 to 33% of the global workforce. Economic Times
• [New] A UK-based honey manufacturer Just Bee Honey announced it will double growth and create new jobs after investing in automation, with the support of Made Smarter. .foodingredientsfirst.com/
• [New] Politicians paid little attention to the public good - such as creating more jobs and improving education and health services, especially in the eastern states of Bihar and Uttar Pradesh - and learned that they could use plausible corruption charges against one another as a weapon. The Atlantic
• [New] CFIUS mitigation could address national security concerns while preserving U.S. jobs and maintaining strong relations with Japan. Linklaters LLP
• [New] KUKA Robotics will highlight an innovative solution for educating the next generation of workers and its collaboration with three universities on cutting edge mixed reality demonstrations at Automate 2024. Automation.com
• [New] As the DFC invests in that project, it will be working with the US Department of Energy, which has loaned a company in Louisiana funds to expand its capacity to produce graphite-based materials for batteries. Money Lowdown
• [New] Young people are using digital to start new businesses, explore new opportunities, learn new knowledge and skills, and to build global connections. UNDP
• [New] Inflation has been easing in the US, with unemployment remaining low and growth largely resilient, raising hopes that the Fed will guide the world's largest economy to a so-called soft landing, where price growth normalizes and recession is avoided. The Guardian
• [New] Nearly 52% of global business leaders named skilling as their top challenge - more than cost, concerns about data or IP loss, or concerns about governance and risk. Microsoft Industry Blogs
• [New] In the banking, financial services and insurance sectors (BFSI), generative AI has the potential to increase labour productivity by 0.1 to 0.6% per year until 2040. The Independent
• [New] Sustainable aviation fuel is a key part of the decarbonization of air travel and a domestic SAF SAF industry will create jobs, wealth and help the UK UK secure its energy independence. GOV.UK
• [New] Some teachers fear that low levels of well-being will lead to low-quality teaching at Danish Universities and increasing number of skilled students with degrees from international universities. SpringerOpen
• [New] Companies around the world could be at risk of losing out in the race for talent and driving business resilience because they are failing to mobilize their workforce effectively and create opportunities for flexible work experiences. MIT OpenCourseWare
• [New] In the dynamic landscape of India's burgeoning tech industry, Google has cemented its presence as a key player, fostering a synergy between innovation and job opportunities. Careerpoint Solutions
• [New] Following the enactment of Article 23 in Hong Kong, EU member states should swiftly introduce lifeboat schemes specific to Hong Kongers to provide the 1.86 million Hong Kongers with no route out of Hong Kong the opportunity to live, work and express their internationally-guaranteed rights in the EU. Hong Kong Watch
• [New] The IRA could create up to 1.3 million new jobs and reduce air pollution, avoiding nearly 4,500 premature deaths annually by 2030. BuiltWorlds
• [New] The four projects, which are expected to support 20,000 construction jobs, are part of Intel's plan to invest more than $100 billion to expand its chip production capacity and capabilities in the U.S. over the next five years. Global X ETFs
• Global heating will inflict economic losses on the global economy of $38 trillion a year by 2049 as extreme weather ravages agricultural yields, harms labour productivity, and destroys infrastructure. CleanTechnica

Last updated: 29 April 2024