Upskilling for the future
Technological disruption will significantly affect ASEAN’s workforce, driving growth and creating new demand for workers. Based on a 2018 study, ‘Technology and the future of ASEAN jobs’ by technology company Cisco and Oxford Economics Data, 6.6 million jobs will become redundant by 2028 across the six largest ASEAN economies – Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. By 2028, these countries will require 28 million fewer workers to produce the same level of output as today.