Will the digital economy create employment?
Will the digital economy create employment?
The banking and finance sector should note the need to bet on the technological innovation train; the new trends and the client expectations have change. It is a fact that we most also change what we traditionally know by banking, A constant shift from from being physical to been a virtual service. Hence, a new work force and a new skilset is needed.
Let's look at two situations, employment will be lost in traditional companies, and without any doubt, as traditional companies become digital, both GDP and employment will go to digital activities.
This will mean that many of the traditional jobs and professions will undergo modifications that can only be used by people who have the skills that will be required. University graduates from all the most knowledgeable areas to make a company transform into digital will be in high demand.
Why the digital economy is an opportunity for young people?
The more hard skills supported by science, technology, engineering and mathematics there are in companies, the better they will do in the digital economy.
Demography shows that young people allready have aquired a set of skills needed to engage the diital economy. In the coming years will see a large number of vacancies at all levels of the companies. It is a great opportunity for young people with good training and talent.
