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Investment in upskilling can boost global GDP by $6.5 trillion by 2030: WEF

Accelerated investment in upskilling and reskilling of workers can add at least 6.5 trillion dollars to global GDP, create 5.3 million new jobs by 2030 and help develop more inclusive and sustainable economies worldwide, according to a World Economic Forum report published on Monday. The report titled ‘Upskilling for Shared Prosperity’ and authored in collaboration with PwC finds that accelerated skills enhancement will ensure that people have the experience and skills needed for the jobs created by the Fourth Industrial Revolution — boosting global productivity by 3 per cent on average by 2030. […]

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