Future jobs: The job landscape is changing rapidly

The new technologies, automation, the shift towards the green economy and sustainability are some of the main factors that will influence the transformation of work in the near future, according to a study by the World Economic Forum (WEF).

Rupture is the word that sums up what is happening today in the labor market, which is constantly being reshaped by the digital revolutionefforts to decarbonize in the face of Climate crisis and other geopolitical and social changesaccording to the entity.

(More: New times, new skills: jobs that will be in greater demand in the future).

Experts predict that the rapid advancement of new technologies, such as Big Datacloud computing and artificial intelligence, among other things, will bring radical changes to the labor market.

23% of current jobs are expected to be transformed by 2030 and employers expect the creation of 69 million new jobs and the elimination of around 83 million, which represents a net reduction of 14 million current jobs, or 2% of the labour market as we know it.

But along with the transformations, despite the disappearance of some jobs, the emergence of new ones is also expected, which will boost economies and require employees to constantly learn new skills and abilities such as technical literacy, Well, the so-called STEM jobs, that is, those related to science, technology, engineering and mathematics, would be the most in-demand in the future..

To the above we would add the growing importance of analytical thinking based on knowledge, attentionconcentration and analysis of situations, based on reality and removed from personal preferences or emotions.

(You may be interested in: ‘Big Data’, the ‘new gold’ for companies to increase their sales).

Communication and empathy will be two highly valued skills in the era of artificial intelligence (AI).No matter how fast machines develop, people will always need other people, and human attention, teamwork, the ability to listen, tell a story, support and sympathize will be even more valued.“, says the BBC.

Macro trends, such as energy transition, ESG standardswhich include environmental, social and corporate governance, as well as the localization of supply chains, “are the main drivers of job growth, while economic challenges such as high inflation rates, slowing economic growth and supply shortages pose the greatest threat.“, the FEM study states.

Technology

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The sectors with the highest demand for labour in the future would be, in other words, those related to Artificial Intelligence, AI; prompt engineering; Big Data analysis; cybersecurity expertise; green jobs, clean energy; professions linked to health, due to the ageing of society; manual jobs such as mechanics, repairmen, electricians or builders; and storytelling and artistic and creative activities, despite AI, etc.

“…Prompt engineering is akin to teaching a child through questions. Just as a well-posed question can guide a child’s thought process, a good prompt can direct an AI model, especially a large language model (LLM), toward a specific outcome.”, explains the platform Datacamp.

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The WEF estimates that “The green transition could create 30 million jobs worldwide in clean energy, efficiency and low-emission technologies by 2030”.

But consider that “Although there has been a continued growth in green jobs over the past four years, the retraining and upskilling towards green skills is not keeping pace.”.

Big Data.

Towards the future

WEF projects include ‘Closing the Skills Gap’, which has working groups in several nations and brings together leaders from various sectors to discuss ideas. There is also “Preparing for the future of work”, which promotes “an informed and constructive debate on the coming transition“, he says.

Estimates a growth rate of over 30% in jobs related to specialized engineering in financial technology and in that of the business analysts, information and data security.

(More: Qualified personnel to analyze data, among needs that companies must solve).

“While the digital revolution is a catalyst for some of the fastest-growing occupations, many non-tech roles are expected to see among the largest increases in the total number of jobs created. Heavy truck and bus drivers, vocational education teachers, and machinery mechanics and repairers will each see about 2 million new jobs between 2023 and 2027, representing one of the fastest absolute growth rates of all occupations.“, the WEF report says.

According to “Governments and businesses must invest in supporting the shift to the jobs of the future through education, reskilling and social support structures that can ensure people are at the heart of the future of work.”.

Gloria Helena King
Portfolio