A Historic Opportunity

There is now a historic opportunity to implement reforms that are good within the Future of Work (FoW). In the Nordics, wealth has been created by competitive companies and employees with the right skills. If flexibility and competence fail, competitiveness and the ability to create jobs are weakened. Some still talk about the fourth revolution as a new phenomenon, although the fourth revolution has already come, and we believe that more change is just around the corner. This will further reform the modern labor market and FoW. However, different labor markets are shadowed by a variety of challenges.

Different labor markets are shadowed by a variety of challenges

Recently it was reported that the Swedish labor market forces are shadowed by serious shortcomings. The competence supply is one of the major societal challenges. This challenge is one that several labor markets across the world have in common. Due to this challenge every fourth recruitment attempt fails in Sweden. This is partly due to lack of mobility and uncertainty associated with hiring. Furthermore, the regulations are poorly adapted to today's reality with strong international competition and the need to be able to quickly change.

When it becomes harder to find the right competence and to create jobs within the society the sense of security will also shift. Security within working life will depend on the individual's competence and companies' ability to hire. The right competences and soft skills will be more important than ever, and the individual will carry more responsibility and be prepared for a lifelong learning that companies previous have contributed with. It is in the individual's interest to keep up-to-date and ensure that skills required to perform certain tasks within the job are in place.

More labor markets will strive to become knowledge-markets

More labor markets will strive to become knowledge-markets with networks filled with competence and capacity. If the Nordics are to maintain a strong position and keep their wealth they will have to equip themselves in the right way to become knowledge-nations. How this is done is mainly by further stimulating and promoting skills development, in short, they must increase, and companies' flexibility must be strengthened where their weaknesses are not reflected in the regulations of the state.

If state regulations keep organizations from being flexible they will not be able to meet the increasing international competition. This will lead to them not being able to adapt and change quickly to the emerging new market expectations. 

Source: DN Debatt ”Det räcker inte att ändra turordningsreglerna i las”