The US Bureau of Labor Statistics released a fresh slate of data in the jobs report, showing 164,000 jobs added and a steady 3.7% unemployment rate. Despite recession fears, these numbers continue to show optimism that the market still has potential to grow.
The average worker will also need to stay abreast of their own career journeys, since AI will eliminate 75 million jobs by 2022, according to the World Economic Forum (WEF). In the same report, we learn that another 133 million jobs will also be created, requiring financial institutions to invest in talent management solutions.
Digital transformation’s emergence has created upheaval in various industries, especially as software has overtaken traditional ways of doing business. One such industry is financial services.
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