Young workers face challenges in an age of automation

Findings show potential US$1.2 trillion boost to OECD economies in the long term through improving young workers’ skills, enrolment in education and job opportunities. Switzerland, Iceland and Germany are the top ranked OECD economies in PwC’s Young Workers Index for second year in a row based on a range of employment, education and training indicators. Across OECD countries, around 20%-40% of existing jobs for young workers could be at risk of automation by the early 2030s, but new technologies will also boost productivity and wealth, and create many new jobs. Training is needed to make young people adaptable enough to thrive in an increasingly automated world (News Release PwC, 11 October 2017).
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