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The risk of unemployment in the 4.0 era

The industrial revolution 4.0 will drastically change the world. In particular, many jobs for generation Z (born from 1995-2012) have not yet appeared, so the risk of unemployment in the 4.0 era for the Z generation is very high.

INDUSTRY 4.0 CREATES OPPORTUNITIES AND CHALLENGES

Currently, the industrial revolution 4.0 is taking place strongly in the Americas, Europe and part of Asia. Experts have also predicted that the side effect of the 4.0 industrial revolution is to be able to differentiate the labor market. When automation replaces manual labor in the economy, when robots replace people in many areas, millions of workers around the world may fall into unemployment. With the movement of this revolution, in the next 15 years the world will have a new face, requiring businesses to change.

In a different perspective, besides the challenges, the industrial revolution 4.0 will open new opportunities for the world in general and Vietnam in particular. The opportunity is creativity, intelligence and flexibility in awareness of the skills that highlight the potential of people and help them remain an important workforce, not replaced by robots. At the same time, the strong transition of humanity to the industrial revolution 4.0 will also create many new jobs.

"The change does not wait for us, all business leaders, educators and governments to improve their skills and retrain their human resources so that everyone can benefit from Industry 4.0 revolution", Simon Matthews emphasized.

SKILLS - NEW MEASURES

In Vietnam, senior management personnel are seriously deprived, partly due to the brain drain with more and more Vietnamese working abroad. The areas that lack the most human resources are IT, manufacturing, engineers, and retailers. In particular, the manufacturing sector accounts for the highest percentage of demand for recruiting personnel, as Japanese and Korean companies invest heavily in Vietnam recently.

Next, business and marketing positions also account for a high proportion of recruitment needs. Employers said that business executive positions are relatively difficult to recruit because they require employees to have both sales skills and technical knowledge.

While the number of university graduates each year is not small, the workforce lacks necessary skills such as complex problem solving skills, critical thinking, creativity, human resource management, collaboration with peers, emotional intelligence (EI), evaluation and decision-making, service orientation, negotiation, flexible awareness.

Labor restructuring has been a difficult thing, improving skills and abilities of workers is even more difficult. To be able to adapt to this, workers only have to learn and self-study to improve their own level.

Source: unitrain.edu.vn