Economic Opportunities in the 21st Century
Encouraging a Dynamic and Resilient Work Marketplace Supporting Diversified Livelihood Strategies
Claudia Juech, The Rockefeller Foundation
Good jobs that provide an appropriate living, with decent working conditions and benefits will become increasingly rare. Throughout the world the trend is towards the elimination of these types of jobs – owing to the global mobility of capital, the weakening of organized labour, manufacturing’s declining share of global GDP, the declining share of global income going to labour and the automation of routinized work – and may come to be reserved for those with “non-routine, cognitive occupations”, traditionally performed by those with university degrees. To encourage a dynamic and resilient work marketplace supporting diversified livelihood strategies, and to avoid a significant increase in inequality, we must enhance economic security in the face of new realities and shape these changes so that we are better able to provide opportunities to more people.