For years, the technological changes of the Fourth Industrial Revolution have ushered us closer and closer to the future of employment, as emerging technologies automate work processes in some roles and industries and create new opportunities in others. The COVID-19 pandemic has sped up the transformation.
The future of jobs is almost here. COVID-19 has upended economic activity around the world, causing spikes in unemployment in many countries and deepening inequalities across economies and societies. To put it into historical context, the pandemic has destroyed more jobs in two months than the Great Recession in the United States did in two years.
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