Aresearch report showed that university graduates majoring in economics andbusiness administration are most likely to lose their jobs due to the advent ofthe Fourth Industrial Revolution.
TheKorea Research Institute for Vocational Education & Training (KRIVET) saidin its report released on May 15 that the Fourth Industrial Revolution wouldreplace 38.1 percent of jobs occupied by university graduates majoring ineconomics and business administration.
Followingthem were those who majored in humanities (33.0%), language and literature(29.8%), and law (26.1%).
Thereport identified which jobs would be more likely to be replaced by robots and artificialintelligence systems, among jobs occupied by 600,000 or so people who graduatedfrom universities and community colleges during the period from 2008 to 2014.
KRIVETofficials said, "The graduates majoring in economics and businessadministration often take up clerical jobs that can be replaced more easilythan others."
The Public Officials Benefit Association (POBA) will select two global private credit managers to invest around $200 million in mezzanine debt via separately managed accounts (SMAs). POBA will allocate $100 million to each of two SMAs through two domestic investment&hellip
The Government Employees Pension Service (GEPS) will allocate $20 million to US dollar-denominated structured notes based on South Korean credit default swaps (CDS) and three-month US dollar LIBOR. It received proposals for the investment mandate by the afternoon of June 26.&hellip
Korea Investment Corporation (KIC) will open its third overseas office in Singapore as early as August in its push for alternative investments in Asia, according to a local newspaper report. The opening of a foreign office will come six years&hellip