In advanced and emerging economies alike, individuals are struggling to find work and build careers that make use of their skills and capabilities. The strains in global labor markets have been worsening for decades, and the challenges have been magnified in the aftermath of the global recession. In many countries, concerns about employment have been...

The Internet of Things (IoT)—sensors and actuators connected by networks to computing systems—has received enormous attention over the past five years. A new McKinsey Global Institute report, The Internet of Things: Mapping the value beyond the hype, attempts to determine exactly how IoT technology can create real economic value.

The UK’s strong current growth performance compared with other countries must not detract from her deep–seated structural problems: namely, her low investment in skills, infrastructure and innovation. As a consequence of these problems, productivity – output per hour worked – is 17 per cent lower than the average for the rest of the G7 nations...

This report explores future automation and creativity in the UK and US workforces. We find that creative jobs will be much more resistant to automation than most other jobs.

In the middle-skill job market, the world is increasingly divided between the jobs that demand digital skills and those that don’t—and the ones that don’t are falling behind. Much of the debate over technology in the workforce has focused on sophisticated skills, such as writing code. But the more significant impact on the middle-skill job...