Speaking to OT FORUM 2 about the challenges facing the industry, Mr Ekkehard referred to the effects of the pandemic, technological and geopolitical developments, as well as climate change and green transitions and an aging population, especially in Europe. “There is a huge insecurity, but the unemployment rate has dropped even after the pandemic. What we are seeing is an increase in insecurity and uncertainty, a decline in purchasing power and a drop in employee earnings. There is not a sufficient number of young people and this results in many jobs being left vacant,” he emphatically stated
The digital revolution has only benefits
Referring to the introduction of new technologies and Artificial Intelligence (AI) in the labor sector, the ILO official noted that it is one of the benefits we expect, since because of the lack of enough young people entering the job market, new technology will help fill some gaps, not by replacing jobs but complementing existing workers.
As he said, we must see how we can become more industrious and how the workplaces will be safer, while he gave for example he noted that after a big building fire in Germany, robotic dogs analyzed the stability of the skeleton, thus ensuring safety, and not really replacing the position of a living person.
Constantly acquiring new skills
Mr. Ekkerhard noted that since we now work 35-40 throughout our lives we must acquire many skills and abilities, while the concept of remaining with one firm for 25 years does not exist. Mr Ekkehard referred to a report by the McKinsey Global Institute, according to which the majority of our labor market skills comes from previous employment and not from our studies. Employees must be willing to be trained and companies should recognize this and also governments need to assist. According to him, there should be a formula for the protection of skills and not positions.
Teleworking is here to stay
Finally, speaking about teleworking and the conclusions that emerged during the pandemic, Mr. Ekkehard described it as a topic that has been in vogue lately, stating that teleworking is here to stay, since the lack of manpower leads many to work from home. “Teleworking will remain, but I estimate that we will not see the productivity that many expected with the application of new technologies in distance work,” he opined.
Latest News
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards