Reskilling wave: One billion set to acquire new skills by the year 2030

Traditional education systems are struggling to prepare students for a future of rapidly changing work demands. [iStockphoto]

From Artificial Intelligence (AI) to climate technology, the world is changing at a dizzying pace.

Economic and geopolitical trends have created divergent outcomes for labour markets globally, with high-income countries experiencing tight labour markets and low- and middle-income countries facing higher unemployment than before the pandemic. As job markets evolve, workers with basic education levels and women are grappling with lower employment levels, and real wages are declining.