A recent study indicates that the farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket clerks will see the largest decline on Wednesday.
Highlights From Future of Jobs Report 2025
These findings were presented in the Future of Jobs Report 2025, the World Economic Forum (WEF).
Further explaining that 170 million new jobs will be created by 2030.
Contrary to that 92 million are projected to be displaced, resulting in 78 million net new jobs.
Interestingly this report was released days before the WEF Annual Meeting in Davos from January 20-25.
As per this report the job disruption will equate to 22 per cent of jobs by 2030.
If you are wondering about the reasons, technological advancements, demographic shifts, geoeconomic tensions, and economic pressures are the key drivers of these changes which will be reshaping industries and professions worldwide.
This study has considered data from over 1,000 companies further indicating that the skills gap continues to be the most significant barrier to business transformation today.
The report reveals that almost 40 percent of skills required on the job are set to change, and 63 percent of employers already cite it as the key barrier they face.
There is good news for the technology skills in AI, big data, and cybersecurity as they are expected to see rapid growth in demand.
However, human skills, including creative thinking, resilience, flexibility, and agility, will remain critical.
Combining Technology and Human Skills
It is noteworthy here that combining both technology and human skill types will be increasingly crucial considering the fast-shifting job market.
They are expecting the highest job growth for the frontline roles and essential sectors like care and education by 2030.
As we know that the advances in AI and renewable energy are reshaping the market.
At the same time, they are driving an increase in demand for many technology or specialist roles while driving a decline for others, such as graphic designers.
The ongoing trends of generative AI and rapid technological shifts are upending industries and labour markets.
It has created both unprecedented opportunities and profound risks, according to Till Leopold, Head of Work, Wages and Job Creation at the World Economic Forum.
The report talks about frontline roles, including farm workers, delivery drivers, and construction workers, and are poised to see the largest job growth in absolute terms by 2030.
There is an anticipated increase for care jobs, such as nursing professionals, and education roles, such as secondary school teachers, with demographic trends driving growth in demand across essential sectors.
