The workplace may look very different in a relatively short period of time
With CAO offers now received, students from across Ireland are learning about the next phase of their academic journey or path to professional career.
So in which spheres should a school leaver look to position themselves to prepare for the future state of the economy and support ambitions which could ultimately lead to a C-level - or high-ranking executive - career?We only have to look at the uncertainty of Brexit, and the potential role an equalisation of corporation tax could play, for example in the sustainability of foreign direct investment and resultant jobs.
The rise of the platform, gig, and sharing economy is a good place to start familiarising ourselves with economic and employment trends. It cites concepts such as immersive technologies, virtual, augmented and mixed reality gaming as growth areas that aspiring students should seek to embark on. At a micro level, 81% of Irish companies have stated that they are suffering from skills shortages, and whilst industries from construction to ICT, sciences to hospitality are all hiring, they are finding it difficult to source the right people for jobs.It’s undoubtedly a candidate’s market at the moment with skills shortages and high demand for certain professions in key sectors such as finance & accounting, tech and IT, and pharma.
Recent PwC findings showed that about seven million existing UK jobs could be displaced by AI from 2017-2037, but about 7.2 million could be created, giving a small net jobs boost of around 200,000. The report bodes well from an Irish perspective, showing that some sectors would benefit significantly, with jobs in health increasing by 22%, scientific and technical services by 16% and education by 6%.
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