Shared prosperity video transcript

Bob Moritz: Covid has upended the livelihoods of millions of people around the world. Exposing structural weaknesses in institutions and economies...widening inequalities....and hitting the disadvantaged particularly hard. 

Saadia Zahidi: Even before the pandemic, increasing automation and digitization was transforming the world of work. As a result, half of all employees worldwide will need reskilling by 2025.

Bob Moritz: We need to prepare people for the jobs of today and the jobs of tomorrow. By 2030, upskilling and reskilling could create over five million net new jobs and boost global GDP by six and a half trillion dollars. But we need to take action immediately to develop more inclusive and sustainable economies.

Saadia Zahidi: We can achieve this in four ways. First, governments, businesses and education providers need to work together to build a comprehensive upskilling agenda. Second, countries need to launch national upskilling initiatives. Such as providing incentives to create jobs in the green economy and by supporting technology innovation.

Bob Moritz: Third, businesses should pledge to make upskilling and workforce investment a core business principle. And fourth, education providers should reimagine their roles and focus on lifelong learning. This will ensure everyone can take advantage of the jobs we have today and those that will evolve tomorrow.

Saadia Zahidi: We’re calling on leaders from across sectors and geographies to join us in implementing an ambitious upskilling agenda. The Reskilling Revolution aims to provide better jobs, skills and education to one billion people by 2030.

Bob Moritz: Let’s create more opportunities for people so no-one is left behind. And let’s do it now.

Read our report: www.pwc.com/shared-prosperity