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] 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
• [New] Growth in India is projected to remain strong at 6.8% in 2024 and 6.5% in 2025, with the robustness reflecting continuing strength in domestic demand and a rising working-age population. IMF eLibrary
• [New] Global Gateway will aim at supporting the realization of strategic, sustainable and secure transport corridors and support value chains, services and jobs that can benefit industries in both Africa and Europe. Mobility and Transport
• [New] More than 20% of the workforce could spend 3-5 days of the week working remotely without any significant productivity loss to organizations. PubMed Central (PMC)
• [New] A new class of entrepreneurs could stimulate job creation, expand India's startup ecosystem, spur innovation, and promote youth participation. Times of Oman
• [New] The IGP forecasts a surge in employment to over 100,000 by 2030, with investments in new offshore wind projects expected to create an economic opportunity worth £92 billion by 2040. Energy Live News
• [New] The digital modernization of South African mines is a significant shift towards the Fourth Industrial Revolution with mining companies creating value and envisioning the future of work as they mature digitally. IT News Africa | Business Technology, Telecoms and Star
• [New] By mandating the employment of at least one Omani citizen in foreign investors' businesses, Oman seeks to create sustainable employment opportunities, enhance skills development, and foster economic growth that benefits both investors and local population. Times of Oman
• [New] Research conducted by the Department for Education over the past year has shown that educational professionals are already embracing the opportunities offered by AI, such as reducing the time teachers spend on administrative jobs and giving them more time with pupils. UKAuthority
• [New] Over the next three years, the advanced tech talent landscape will be characterised by a talent surplus, and 73% say that there will be a surplus of general tech talent through the increasing accessibility and user-friendliness of generative AI technology. theHRDIRECTOR
• [New] Global industry leaders from North America, Asia and Europe have announced the formation of the North Pacific Green Corridor Consortium whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia. SAFETY4SEA
• [New] In 2024, manufacturers are expected to face new challenges due to economic uncertainties, labour shortages, and the need for innovation in product development and emission reductions. Inszone Insurance
• [New] Business and consumer confidence remain particularly weak which could lead to more unemployment and financial stress than expected while structural challenges facing the economy in China remain a concern given its importance for the global economy and for New Zealand's trade. IC Markets | Official Blog
• [New] A new California law that will force many employers in the Golden State to reclassify app-based contract workers as employees may stunt the growth of the gig work model, or radically restructure it. University of Toronto
• [New] Stark inequalities are projected to stubbornly persist up to 2040, with profound implications not only for people's quality of life, but also their ability to work and the wider economy. Patient Safety Learning - the hub
• [New] The US-built vessel will not only contribute towards reliable, affordable and clean energy, but also benefit local communities in creating a significant local know-how and job opportunities, paving the way for future growth in the US offshore wind industry. ONT
• [New] A failure to protect domestic production would leave the UK reliant on more expensive and greater-polluting imports, and threaten thousands of jobs, particularly in small communities. Kent Online
• [New] Project beneficiaries will receive a specialized curriculum of training and capacity building, increasing their ability to work directly with leading international fashion firms, thereby creating long-term, dignified employment in Kenya. Ethical Fashion Initiative
• [New] Budget 2024 confirms that provinces and territories will have to agree to work towards a net-zero electricity grid by 2035 in order for Crown corporations to access the $ 25.7-billion clean electricity tax credit. Canada's National Observer
• [New] The ALL4LIVER Grant program aims to support projects initiated by local communities in Africa, South America, Asia and Oceania, Europe, and North America (excluding the United States) to work towards the WHO goal of eliminating viral hepatitis as a public health threat by 2030. PharmiWeb.com
• [New] Employers and building managers have an obligation under health & safety legislation to ensure the indoor environment is safe and does not pose a risk to the health and well-being of workers and visitors. ACR Journal
• [New] The HWFL program offers employers an opportunity to maximize the return on investment from GLP-1 therapy for weight loss. Yahoo Finance
• As cultural organizations fight for survival, we will see a growing impact on jobs, services and in communities across Scotland. The Guardian

Last updated: 22 April 2024