MANAGING in the

NEW WORLD

The future of work in much of America is a matter of debate. Some feel it could be bleak, while others have devised solutions for the same. One thing clear, is that the health of local businesses will largely determine the area’s ability to cope up in the upcoming age of automation. There is now an evolution going on in the nature and the location of the US job market. One trend has been that local economies have witnessed divergent trajectories for some time now. This trend will further widen over the coming decades. Automation will not have the same impact across all jobs or geographical locations. Talent recruitment of lesser- educated people, will get increasingly difficult. Unique challenges will now be faced by the young and old alike. Business leaders, educators and policy makers will together need to chart out a course to get the best out of the increasing automation at work.

Source:https://www.mckinsey.com/featured-insights/future-of-work/the-future-of-work-in-america-people-and-places-today-and-tomorrow

Uploaded Date:16 August 2019

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