Global economic trends have a big impact on job opportunities all over the world. Here are some important points to consider:
Globalization: About 75% of trade around the world comes from big companies that operate in many countries. This can create new jobs in growing markets, but it can also lead to some workers in their home countries losing their jobs.
Technology Changes: It is expected that automation, which is when machines do work that people used to do, may take away 20 to 30 million jobs by the year 2030. This is especially true for jobs in factories and stores.
Economic Growth: When a country's economy is growing (with a GDP growth over 2%), it usually creates 1.5 times more job opportunities than economies that aren't growing. This helps improve job chances around the world.
It's important for students to understand these trends. This knowledge can help them face the job challenges of the future.
Global economic trends have a big impact on job opportunities all over the world. Here are some important points to consider:
Globalization: About 75% of trade around the world comes from big companies that operate in many countries. This can create new jobs in growing markets, but it can also lead to some workers in their home countries losing their jobs.
Technology Changes: It is expected that automation, which is when machines do work that people used to do, may take away 20 to 30 million jobs by the year 2030. This is especially true for jobs in factories and stores.
Economic Growth: When a country's economy is growing (with a GDP growth over 2%), it usually creates 1.5 times more job opportunities than economies that aren't growing. This helps improve job chances around the world.
It's important for students to understand these trends. This knowledge can help them face the job challenges of the future.