The labour market is changing rapidly with digitalisation, and the workforce needs to stay curious and committed to lifelong learning to keep up with the pace. VTT studies and develops solutions and business models for the labour market of the future.
The labour market is changing rapidly. In the past, it was not uncommon for a person to spend his or her entire career working for a single company, in more or less the same job. Now, small and agile startups are gaining market share and challenging well-established giants to reinvent themselves. It has been estimated that 15 per cent of jobs that exist today will disappear or change, as digitalisation and new business models reshape people’s job descriptions and roles.
The revolution of the labour market also requires society to change. In fact, Finland is well placed to set a global example of the future of work.
The transformation of the labour market is forcing workers to invest in personal development and grow a passion for learning. Instead of regular salaried work, more and more people will be self-employed in the future, with livelihoods relying on multiple sources of income and multiple employers. The ways in which work is performed are also changing. Technology is a tool, but using it effectively calls for continuous learning. It may not be long before we begin to catch up with our colleagues via VR technology instead of over a cup of coffee.
The revolution of the labour market also requires society to change. In fact, Finland is well placed to set a global example of the future of work. As a research and innovation partner, VTT helps both the public sector and businesses to build a better future for the labour market. We have even published an in-depth report on the revolution of the labour market and the need to have a common concept of the future of work.
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