The World Economic Forum (WEF) has stated that there will be a 22 percent increase in employment opportunities by 2030, with 170 million new roles set to be created and 92 million displaced, resulting in a net increase of 78 million jobs.
The Forum made this statement, noting that demography, technological advancement, and geo-economic strains will be key drivers in reshaping industries and professions during the period under review.
The Forum based its statistics on reports from about 1,000 companies as the basis for its analysis.
Technology skills in AI, big data, and cybersecurity are expected to see rapid growth in demand, but human skills, such as creative thinking, resilience, flexibility, and agility, will remain critical. A combination of both skill types will be increasingly crucial in a fast-shifting job market.
Frontline roles and essential sectors like care and education are expected to experience the highest job growth by 2030, while advances in AI and renewable energy are reshaping the market – driving an increase in demand for many technology or specialist roles while leading to a decline in others, such as graphic designers.
Meanwhile, advances in AI, robotics, and energy systems – notably in renewable energy and environmental engineering – are expected to increase demand for specialist roles in these fields.
Roles such as cashiers and administrative assistants remain among the fastest declining, now joined by roles such as graphic designers as generative AI rapidly reshapes the labor market.
