And the third is to ensure we have a financial sector that is capable of supporting innovation and growth. Digitalisation and demand for skills Introducing new technologies appears to reduce the demand for low and medium-skilled workers.6 At the same time, it creates new jobs which require highly skilled workers and provides opportunities for further.
7 These changes already appear to be having repercussions for wage distribution and working conditions. These challenges come at a time when labour’s relative contribution to potential growth is diminishing in the context of an ageing population.