Generation Alpha (Tech native)

• By 2030, generation Alpha (born between 2010-2024) will represent roughly 11% of the workforce.
• Children born between 2010 and 2025, known as Generation Alpha, will grow up never having known a world without digital devices.
• By 2025 - when one age group gives way to another - Generation Alpha will be nearly 2 billion members strong across the globe.
• 2.5 million Generation Alphas are born globally every week and will account for about two-billion of the global population by 2025.
• Countries who have experienced less development until recently will naturally experience a more pronounced generation gap with Alpha.
• India and China will become the center of gravity.
• India could surpass China as the most populous country in the world.
• Shifts in global population will affect Generation Alpha's experience.
• Generation Alpha is expected to reach two billion by 2025.
• Automation and artificial intelligence will result in at least 54 per cent of all employees globally requiring significant reskilling and upskilling by 2022.
• 95% of the 1.4 million American workers expected to be displaced out of their roles in the next decade can be reskilled into new jobs with higher wages at a cost of $34 billion.
• By next year, projections show that 43 percent of the U.S. workforce will participate in the gig economy, with no signs of slowing down.
• The private sector could reskill 25% of U.S. workers in disrupted jobs with an overall investment of $4.7 billion - and still reap a positive cost-benefit balance.
• With rapid technological change driving the onset of the fourth industrial revolution, demand for digital skills training is booming, particularly in Africa, where more than 200 million jobs will require new skillsets by 2030.
• In the US alone, with an overall investment of US$4.7 billion, the private sector could reskill 25% of all workers in disrupted jobs with a positive cost-benefit balance.
• The US private sector could reskill 25 percent of all workers in disrupted jobs at a cost of US$4.7 billion with a positive cost-benefit balance.
• Across all countries and regions, employers expect that significant reskilling will be needed by a large share of the global workforce over the 2018-2022 period.
• The steep rise of the gig economy over the last decade has ushered in a whole new era of job opportunities for Americans.
• Over half the global workforce will require significant reskilling and upskilling in the next few years.
• 50 percent of employers expect that automation will lead to a reduction in their full-time workforces by 2022 - and more than half of the world's workers will require significant reskilling.

Last updated: 09 April 2021