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The global workforce is evolving in leaps and bounds, and every industry needs to reconsider skill requirements due to the rise of AI, automation, and digitalization.
Conventional jobs are constantly evolving. Adapting to AI tools, data analytics, and other fast-changing technological landscapes is an absolute must. A BCG report stresses the growing gap between employer needs and available skills, underscoring the urgency of skilling programs. The 2023 global unemployment rate was 5.1 per cent, slightly improving from 2022’s 5.3 per cent. Skilling reduces this rate.
When it comes to Industry 4.0, the emphasis is undoubtedly on integrating physical and digital systems, driving demand for mechatronics, electronics, and…
