The Future of Work: Implications for Equity and Growth in Europe

Presentation of the Report and round table with experts

February 26, 2024, 16:00-18:00 hours, CET

Venue: Clubraum, Library Center, WU Campus, Welthandelsplatz 1, 1020 Vienna

Registration below

Invitation and programme for download

Technology is a potent driver of productivity and economic growth and is also reshaping Europe's labor landscape. A new World Bank report, "The Future of Work: Implications for Equity and Growth in Europe", delves into the transformation that technology is causing within European firms, changing their tasks and the skills they require, and widening the gap between highly educated and less-educated workers.

Among the key findings of the report:

• Large and more productive firms adopt more technology, increasing their market size and productivity. This creates a positive link between technology and market concentration.

• Technology enhances productivity and increases the demand for university graduates, intensifying wage gaps between highly educated and other workers.

• Vocational education and training (VET) graduates are more likely to find employment than their peers with a general secondary education degree. However, this advantage fades away within five to seven years of entering the workforce.

How can governments promote technological benefits without amplifying societal divides? This event will explore solutions and recommendations for policymakers.

Join us to discuss options to craft a future where technology's rewards are inclusive, benefiting every level of European society.