Here and around the world, individuals are struggling to find work and build careers that make use of their skills and capabilities. These concerns about employment have been exacerbated by long-term trends of stagnant wage growth and automation. But at the same time, there has been a constant refrain from employers about the difficulties of finding talent with the right skills. In the U.S., skeptics cite a labor shortage as the primary reason we can’t readily achieve 4 percent average GDP growth in the coming decades, even as 93 million Americans remain “underemployed.” The growing use of online talent platforms may play a central role in addressing this paradox and empowering workers with broader choices, more mobility, and more flexibility. How are the technologies and business models evolving to enable this? What are the implications for employees, employers, and the broader economy? What do you need to know to exploit the emerging opportunities? We’ll explain.
- The Battle Over the Minimum Wage
- Digital Transformation of Business