At least half of people who have a job fear they’ll lose it in the next 12 months

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Job losses are a concern for more than half of working adults.

New survey shows more than half of working adults fear for their jobs.

But two thirds of workers are optimistic about retraining on the current job.

Employment concerns and perceived opportunities to learn new skills vary greatly between countries.

A new Ipsos survey, conducted on behalf of the World Economic Forum, shows that more than half (54%) of working adults fear for their jobs in the next 12 months. However, these workers are outnumbered by those who think their employers will help them retrain on the current job for the jobs of the future (67%).

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The finance robots are coming: 73% of organizations plan to replace humans with machines this year

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Even finance is being affected by the onslaught of human vs. machine with a recent Deloitte survey revealing some startling stats.

The finance function is experiencing rapid change, and a recent Deloitte survey found that 73% percent of respondents are planning to implement technology to replace humans in their workforce this year—up from 58% a year ago.

While the finance workforce will grow smaller, companies need to adjust existing staff and bring in new skills that typically aren’t found in the finance department, according to a new Deloitte report.

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In the age of automation, technology will be essential to reskilling the workforce

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Employees sort parcels with automated guided vehicles (AGVs) at a logistic centre of a postal service in China last November.

Manufacturing as we know it isn’t quite dead – but it will be soon. We’re at the cusp of a major transformation where the classic factory worker’s tasks will soon be digitized and managed by robots and intelligent software.

Human jobs have been sacrificed through every major industrial revolution and this change will be no different. Unfortunately, the speed at which this next displacement is taking place exceeds the speed at which people are being retrained for the new factory roles that are now required. In this environment, technology companies will have new responsibilities to reskill their workforce and the workforces impacted by their products.

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Fixing America’s Broken Talent Flow

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America’a middle class has stagnated because the upward talent flow got clogged

Jim Tankersley – America lost its exceptional economy because too many Americans stopped doing the most exceptional things they could. Too many middle-class workers were forced into low-skill, low-paying jobs. Too many people born poor were knocked off course on their way to gaining more valuable skills. Too many American elites flocked to Wall Street and K Street, where they got rich at the expense of the overall economy. Not enough entrepreneurs took risks and built new businesses.

These trends run in stark contrast to how Americans built decades of shared prosperity in the postwar era: by investing in themselves and clearing paths for others to get ahead, too.

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