The report analysed over 20 billion hours of work completed by 12 million Australian workers across 400 occupations each year to predict the skills and capabilities that will matter most in 2030.
Maggie Hill, Foundation for Young Australians’ (FYA) General Manager of Public Affairs and Marketing, said that while schools are making progress in preparing children for the future workplace, the 21st century economy demands a broader investment in skills training.
She said the company’s latest report identifies the need for a “national investment” in ensuring that young people are developing the skills required for future jobs.
“This isn’t just responsibility of schools – it has to include all levels of education, industry and government, because ultimately, we need all young people to contribute to the economy down the track,” Hill told L&D Professional.
“The Foundation has called for an investment in a national enterprise skills strategy, and we want to see that carried through into the vocational and corporate training sectors”.
Lifelong learning crucial to future economy
Research released last month by recruitment firm Randstad found that investing in employees’ lifelong learning can have significant benefits to both the organisation and its employees.
The report said that in order to retain and increase employability, 86% of the global respondents said they needed to keep learning.
Another important factor in ensuring employees aren’t left behind by the Fourth Industrial Revolution is in recognising the value of transferable skills, Hill pointed out.
“A big thing we identified in our Work Mindset report was the need for employees to recognise the transferability of skills. This means acknowledging that skills gained in a previous role can be used across a range of different roles,” she said.
“Research shows that there is a need to continually invest in employees, so not just the skills they bring initially but being able to build those skills throughout a person’s career”.
‘No job immune from automation’ – report
What will the workplace of 2030 need?
On Thursday, the Foundation of Young Australians (FYA) released The New Work Smarts report, which warned that in the future, no job will be immune to automation.