trends in the labour market technological changes & globalisation
DESCRIPTION
3 TECHNOLOGICAL CHANGES How has new technology changed the labour force? Fundamentally - transfer of jobs from one sector to another (from agricultural labour to the production of farming equipment, for example) and the ultimate creation of more jobs.TRANSCRIPT
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Trends in the Labour Market
Technological Changes & Globalisation
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EXERCISE - TECHNOLOGICAL CHANGES
Discussion on the following:• “What is technology?”• Give positive and negative reactions to the term
technology.
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TECHNOLOGICAL CHANGES
How has new technology changed the labourforce?• Fundamentally - transfer of jobs from one sector
to another (from agricultural labour to the production of farming equipment, for example) and the ultimate creation of more jobs.
![Page 4: Trends in the Labour Market Technological Changes & Globalisation](https://reader036.vdocument.in/reader036/viewer/2022082501/5a4d1b357f8b9ab05999c8ac/html5/thumbnails/4.jpg)
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TECHNOLOGICAL CHANGES
• Job creation • Information rich population • Internet• Industry & customer services• Shift to highly skilled workers
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EXERCISE - GLOBALISATION
Discussion on the following:
• What is globalisation?
• Give positive & negative reactions to the term globalisation.
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GLOBALISATION
What is globalisation? “ To globalize means to make worldwide in scope
or application. Globalization of trade means freer and more intense worldwide trade across national borders. Technology helps make globalization possible”.
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GLOBALISATION
Where has the increased competition comefrom?
• The new market-based economies of developing countries
• Introduction of new products and processes• More efficient use of old materials• Innovation in information technology
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GLOBALISATION
Some of the primary effects of globalisation
• Outsourcing of employment to developing nations
• Reducing the demand of unskilled labour in the outsourcing nation
• Diminishing the standards of health, welfare and environmental standards
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GLOBALISATION
Exercise
Examining these challenges in the context of an employersetting.