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LVEDC Talent Supply: Workforce Shifts Due to Automation

By Colin McEvoy on December 17, 2018

LVEDC Director of Talent Supply Karianne Gelinas

LVEDC Director of Talent Supply Karianne Gelinas

Each week, Karianne Gelinas, Director of Talent Supply with the Lehigh Valley Economic Development Corporation (LVEDC), will provide an update or additional information from its ongoing initiative to identify talent supply and demand issues in the region and create a strategy that results in a broader, ongoing understanding of the Lehigh Valley workforce. (See past updates.)

We regularly hear from both employers and employees about workforce shifts due to automation.  But what does it all mean?  Which industries and occupations will see the greatest changes? And how soon will those changes occur?

The World Economic Forum offers insights into the deeper integration of technology into our workplaces and what it means for employees.

“If a new World Economic Forum (WEF) report is to believed, emerging tech will create more jobs than it destroys, at least for the next four years,” George Dvorsky of Gizmodo writes.

“Specifically, The Future of Jobs Report 2018 predicts the loss of 75 million jobs by 2022, and the creation of 133 million jobs over the same period, for a net increase of 58 million jobs,” Dvorsky writes. “That’s obviously good news, but this extraordinary swing in jobs will pose a challenge to both employers and workers. For employers, it means making the right investments in technology; for workers, it means acquiring the right skills.”

The full Gizmodo story, “Emerging Tech Will Create More Jobs Than It Kills by 2022, World Economic Forum Predicts,” can be read here.

Click here to read more about LVEDC’s ongoing talent supply initiative. Click here to see previous talent supply initiative updates.

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