The 54-year-old says he was diagnosed with a cerebellar stroke.
THE workforce of the future will be older and increasingly female but while they will be more educated, they should forget about degrees as the future of work will prioritise adaptability over any diploma, says an expert.
A study by Cheng and his colleague Harris Zainul in 2020, Projections in the Trends in Malaysia’s Future of Work, suggested three key demographic shifts in Malaysia’s workforce for the coming decades. Female LFPR, according to the study, will rise to 63.5% in 2040 from 55.6% in 2019 while male LFPR will decline to 77.6% from 80.8% in 2019.
“In terms of these three trends in worker demographic shifts - age, gender and education level - the pandemic has essentially decelerated the shifts towards more women in the workforce and accelerated the shifts in higher educational attainment. “So it has accelerated the shifts in educational attainment of the workforce, not through greater human capital accumulation but through selective culling,” he said.
The 2020 study also expected that the rising trend of Malaysians finding work in non-standard employment, including informal work and the gig economy, will continue into the future while at the same time, Malaysia's job market is found to be shifting towards service industries, with growth in data-related jobs.
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