For the first time in history the global urban population is outnumbering the rural population. By 2050 it is expected that two third of the world population will be living in urban areas. Urban planning, transport systems, access to information, education and decent work are key to sustainable urban development. This is stated in Randstad's latest flexibility@work research which is published today at the OECD Forum in Paris.

Cities are hubs for human and economic development. They already account for over 70 percent of the world's gross domestic product and generate economic growth and prosperity for many. The networks connecting people across continents are becoming denser, faster and wider every year. Mutual dependence and transnational connections of cities, businesses and citizens alike lead to a need for policies that cater to these complex ecosystems.
Cities are attractive to both wealthy and poor individuals. That is why large cities often have high levels of inequality. Much of this inequality can be traced back to citizens potential on the labor market, which is highly affected by technological advancements. Routine jobs are most vulnerable to technological advancement, but new non-routine jobs can arise.

Randstad CEO, Jacques van den Broek: 'Every new highly skilled job in technology can be a catalyst for up to 5 new unrelated jobs, both low and medium skilled. Most of these new jobs are created in cities where there is a large low-skilled workforce present that can be upskilled. Skills, including soft skills, are essential for an inclusive urban labor market. By investing in education, labor mobility and targeted public-private partnerships, cities can be both competitive and inclusive for all their residents. Only then we can create the skilled workforce and agile inclusive labor market that will be key to sustainable urban development. There is a role to take for local governments to meet these expectations.'

In the future of work, a competitive city's value proposition is not confined to its ability to attract businesses. A competitive city offers opportunities for all residents, seeks to reduce inequalities, and protects the vulnerable.

The report is available on our website: https://workforceinsights.randstad.com/hr-research-reports-flexibilitywork-2018

About Randstad
The Randstad Group is a global leader in the HR services industry and specialized in solutions in the field of flexible work and human resources services. We support people and organizations in realizing their true potential. Our services range from regular temporary Staffing and permanent placements to Inhouse Services, Professionals, and HR Solutions (including Recruitment Process Outsourcing, Managed Services Programs, and outplacement). Randstad has top-three positions in Argentina, Belgium & Luxembourg, Canada, Chile, France, Germany, Greece, India, Italy, Mexico, the Netherlands, Poland, Portugal, Spain, Sweden, Switzerland, the UK, and the United States, and major positions in Australia and Japan. At year-end 2017, Randstad had 38,331 corporate employees and 4,858 branches and Inhouse locations in 39 countries around the world. In 2017, Randstad generated revenue of € 23.3 billion. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad N.V. is listed on the NYSE Euronext Amsterdam, where options for stocks in Randstad are also traded. For more information, see https://www.randstad.com/.

About flexibility@work
flexibility@work is Randstad's annual research on flexible labor and employment. The flexibility@work report provides a comprehensive overview of international employment trends in the flexible labor market. In 2018 we zoom in on the sustainable growth in the age of cities.

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Randstad Holding NV published this content on 29 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 May 2018 06:57:04 UTC