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Preparing Brazil for the future of work: Jobs, technology, and skills | McKinsey

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mdc-u-grid-col-md-end-8 mdc-u-grid-col-lg-start-3 mdc-u-grid-col-lg-end-8 mdc-u-ts-9"><span> </span><span class="AuthorsByLine_mck-c-authors-byline__author__XdrlD"><span class="AuthorsByLine_mck-c-authors-byline__no-wrap__Ced0j">Nicola Calicchio<!-- -->聽</span></span><span class="AuthorsByLine_mck-c-authors-byline__author__XdrlD"><span class="AuthorsByLine_mck-c-authors-byline__no-wrap__Ced0j"><a data-component="mdc-c-link" href="/our-people/michael-chui" class="mdc-c-link-inline___7DRrt_2734c4f mdc-c-link-inline--secondary___YKoOK_2734c4f"><span class="mdc-c-link__label___Pfqtd_2734c4f">Michael Chui</span></a><span> 聽</span></span></span><span class="AuthorsByLine_mck-c-authors-byline__author__XdrlD"><span class="AuthorsByLine_mck-c-authors-byline__no-wrap__Ced0j">Nicolas Grosman</span></span></div><div class="mdc-u-grid-col-md-start-8 mdc-u-grid-col-md-end-12 mdc-u-grid-col-lg-start-8 mdc-u-grid-col-lg-end-11 ArticleContent_mck-c-article-content__share-tools__kWRRw"></div></section><section class="mdc-u-grid mdc-u-grid-col-md-12 mck-u-animation-blur-in-400"><div class="mdc-u-grid-col-md-start-2 mdc-u-grid-col-md-end-12 mdc-u-grid-col-lg-start-3 mdc-u-grid-col-lg-end-11"><div data-component="mdc-c-description" class="mdc-c-description___SrnQP_2734c4f mdc-u-ts-5"><div class="mck-u-links-inline">Automation is coming, disrupting the world of work at unprecedented speed and scale. Here&rsquo;s how the largest economy in Latin America can face the challenge.</div></div></div></section><main data-layer-region="article-body" class="mdc-u-grid mdc-u-grid-gutter-xxl"><div class="mdc-u-grid mdc-u-grid-col-1 mdc-u-grid-col-md-12"><div class="mdc-u-grid-col-md-start-2 mdc-u-grid-col-md-end-12 mdc-u-grid-col-lg-start-3 mdc-u-grid-col-lg-end-11"><div class="mdc-o-content-body mck-u-dropcap"> <p>The world of work is facing unprecedented disruption, and, understandably, anxiety runs high. Unemployment and underemployment are rife, particularly among young people. Educational systems are not keeping pace with sweeping changes in the nature of jobs and the skills needed to fill them. There is increasing polarization of opportunities for low- and high-skilled individuals. Labor markets are inefficient, failing to match skills with available jobs. </p> <p>A great wave of automation is underway that will raise productivity but also displace many tasks, necessitating reskilling and support to help individuals through the transition. The biggest question on the agenda is whether there will be enough jobs to employ everyone. </p> <p>This briefing note aims to provide a fact base on the multiple trends and forces buffeting the world of work, drawing on recent research by the McKinsey Global Institute. It was prepared for the <a href="https://www.weforum.org/events/world-economic-forum-on-latin-america">World Economic Forum on Latin America</a> in Sao Paulo, Brazil, in March 2018.</p></div><div class="container-placeholder"></div></div></div><div class="mdc-u-grid mdc-u-grid-col-md-12"><div class="mdc-u-grid-col-md-start-2 mdc-u-grid-col-md-end-12 mdc-u-grid-col-lg-start-3 mdc-u-grid-col-lg-end-11"><div data-component="mdc-c-link-container" class="mdc-c-link-container___xefGu_2734c4f mdc-c-link-container--display-row___LYWqK_2734c4f AdditionalLinks_mck-c-additional-links__A8yZX"><div><a data-component="mdc-c-link" href="#/download/%2F~%2Fmedia%2Fmckinsey%2Ffeatured%20insights%2Ffuture%20of%20organizations%2Fpreparing%20brazil%20for%20the%20future%20of%20work%20jobs%20technology%20and%20skills%2Fmgi-future-of-work-brazil-briefing-note.pdf" class="AdditionalLinks_mck-c-additional-links__link__0XAdK mdc-c-link-cta___NBQVi_2734c4f" target="_self"><span class="mdc-c-link__label___Pfqtd_2734c4f">Download the Briefing Note</span></a><span data-component="mdc-c-icon" class="mdc-c-icon___oi7ef_2734c4f mdc-c-icon--size-sm___2FLYH_2734c4f mck-download-icon"></span></div></div></div></div></main></div></div></main></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"locale":"en","dictionary":{},"sitecoreContext":{"route":{"name":"Preparing Brazil for the future of work Jobs technology and skills","displayName":"Preparing Brazil for the future of work Jobs technology and skills","fields":null,"databaseName":"web","deviceId":"fe5d7fdf-89c0-4d99-9aa3-b5fbd009c9f3","itemId":"192ac80c-803e-4023-84e2-d3de50c16086","itemLanguage":"en","itemVersion":1,"layoutId":"ae753eb4-a035-40b4-83bf-4b4438df6742","templateId":"683910db-02ba-40ba-92e7-726c880160a9","templateName":"ArticleJSS","placeholders":{"jss-main":[{"uid":"232bb7e9-289f-492d-a916-2b6185e44a84","componentName":"ArticleTemplate","dataSource":"","fields":{"data":{"articleTemplate":{"title":{"jsonValue":{"value":"Preparing Brazil for the future of work: Jobs, technology, and skills"}},"sEOTitle":{"value":""},"description":{"jsonValue":{"value":"Automation is coming, disrupting the world of work at unprecedented speed and scale. 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The biggest question on the agenda is whether there will be enough jobs to employ everyone. \u003c/p\u003e\n\u003cp\u003eThis briefing note aims to provide a fact base on the multiple trends and forces buffeting the world of work, drawing on recent research by the McKinsey Global Institute. It was prepared for the \u003ca href=\"https://www.weforum.org/events/world-economic-forum-on-latin-america\"\u003eWorld Economic Forum on Latin America\u003c/a\u003e in Sao Paulo, Brazil, in March 2018.\u003c/p\u003e"},"isFullScreenInteractive":{"boolValue":false},"hideStickySocialShareBar":{"boolValue":false},"desktopID":{"value":""},"mobileID":{"value":""},"desktopURL":{"value":""},"mobileURL":{"value":""},"desktopPaddingPercentage":{"value":""},"mobilePaddingPercentage":{"value":""},"desktopOverrideHeight":{"value":""},"mobileOverrideHeight":{"value":""},"cerosOembedURL":{"value":""},"cerosRenderMode":{"targetItem":null},"cerosBackgroundColor":{"targetItem":null},"hideByLine":{"boolValue":false},"tableOfContentsTitle":{"value":"TABLE OF CONTENTS"},"accessStatus":{"targetItem":{"key":{"value":"LinksOnly"},"value":{"value":"Links Only"}}},"articleType":{"targetItem":{"displayName":"Executive 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