Change verse in the Job Report 2020

Aug 6th, 2022
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How to change verse in the Job Report 2020

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all right well the US added 303,000 jobs in the month of March well that was well above the Streets expectations now City saying in a recent note that they expected the job market to weaken with just 150,000 jobs added in March leading to 125 basis points of cuts this year almost double what the market is currently pricing in so where do things stand following this higher than expected uh jobs print that we got out this morning we want to bring in one of the economists behind that call you have Andrew Hollen horse hes a city a chief us Economist Andrew its great to see you here so first just your reaction to the print that we got out this morning and whether or not that changes your base case for the fed and the degree of the cuts that you are expecting this year yeah this was a much stronger than expected jobs report like you said stronger than our forecast stronger than consensus forecast I dont know that it changes that much for the FED at the end of the day um or that we should

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The top skills and skill groups which employers see as rising in prominence in the lead up to 2025 include groups such as critical thinking and analysis as well as problem-solving, and skills in self-management such as active learning, resilience, stress tolerance and flexibility.
Top 10 skills of the future: Analytical thinking and innovation. Active learning and learning strategies. Complex problem-solving. Critical thinking and analysis. Creativity, originality and initiative. Leadership and social influence. Technology use, monitoring and control. Technology design and programming.
Job growth will be more concentrated in high-skill jobs (for example, in healthcare or science, technology, engineering, and math [STEM] fields), while middle- and low-skill jobs (such as food service, production work, or office support roles) will decline. A few job categories could see more growth than others.
The future job market in 2024: an overview Namely, remote work versus return to office, the rise of artificial intelligence (AI), and higher demand for green jobs fighting climate change. Job seekers not only need to be aware of these shifts but also adapt to take advantage of the best employment opportunities.
Key trends that will shape the future of work are generative AI and skills-based hiring, along with addressing employee concerns that have led to activism, creating an inclusive culture of belonging, and the future of hybrid work.
The robot revolution will create 97 million new jobs. As the economy and job markets evolve, new roles will emerge across the care economy in technology fields (such as artificial intelligenceAI) and in content creation careers (such as social media management and content writing).
The Future of Jobs Report 2023 explores how jobs and skills will evolve over the next five years. This fourth edition of the series continues the analysis of employer expectations to provide new insights on how socio-economic and technology trends will shape the workplace of the future.

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