These transformations, if managed wisely, could lead to a new age of good work, good jobs and improved quality of life for all, but if managed poorly, pose the risk of widening skills gaps, greater inequality and broader polarization. Across the countries covered by the Report, current trends could lead to a net employment impact of more than 5.1 million jobs lost to disruptive labour market changes over the period 2015–2020, with a total loss of 7.1 million jobs - two thirds of which are concentrated in routine white-collar office functions, such as Office and Administrative roles - and a total gain of 2 million jobs, in Computer and … Briefing Note (PDF-132KB) Executive Summary (PDF-706KB) Full Report (PDF-2MB) The age of automation, and on the near horizon, artificial intelligence (AI) technologies offer new job opportunities and avenues for economic advancement, but women face new challenges overlaid on long-established ones. Technological progress is reordering the global labor force. Jan. March May … Access a free summary of The Future of Jobs Report 2018, by World Economic Forum and 20,000 other business, leadership and nonfiction books on getAbstract. Books include HR From the Outside In, HR. This report shows the changes in the demands in the digital technology employment market over time, but also, how sought-after skills have evolved due to the changing nature of this digital world. For experts – You’ll get the higher-level knowledge/instructions you need as an expert. © 2021 Forbes Media LLC. Educated workers with advanced skill sets are well-positioned to prosper in an increasingly complex and interconnected world. This report details the size of this important employment sector, the troubles it is facing due to COVID-19, and how focusing recovery policies on efficiency can help boost America’s economy— quickly and for the long run. Within lower volume jobs the highest growth is in Landfill Biogas Generation System Technicians, Social Media Assistants, Wind Turbine Service Technicians, Green Marketers and Growth Hackers. Flagship reports. The World Economic Forum is an independent global organization that engages leaders of business, politics, academia and society to improve the state of the world. Writing about the freelance revolution and the future of work. And COVID-19 only adds to the challenges. Opinions expressed by Forbes Contributors are their own. Download the 2020 report. You may opt-out by. Comprehensive – You’ll find every aspect of the subject matter covered. The future of work is being shaped by two powerful forces: The growing adoption of artificial intelligence in the workplace, and the expansion of the workforce to include both on- and off-balance-sheet talent. At getAbstract, we summarize books* that help people understand the world and make it better. If you are starting off your professional life, probably there are dozens of indecisions boiling on your mind and you have realized how traditional jobs can suffer drastic changes over the years. Increasing the availability of big data 3. First, we looked at Digital tech jobs in the UK as we currently stand, to … Whatever we select for our library has to excel in one or the other of these two core criteria: Enlightening – You’ll learn things that will inform and improve your decisions. The Future of Jobs Report 2020 aims to shed light on: 1) the pandemic-related disruptions thus far in 2020, contextualized within a longer history of economic cycles, and 2) the expected outlook for technology adoption, jobs and skills in the next five years. World Economic Forum: The Future of Jobs Report 2018. Well structured – You’ll find this to be particularly well organized to support its reception or application. Advancements in areas such as cloud computing and artificial intelligence are upsetting traditional labor dynamics. school during the 2020 closures record a corona-induced loss of skills of one-tenth of a standard deviation and if all cohorts thereafter return to previous levels, the 1.5% loss of future GDP would be equivalent to a total economic loss of USD 15.3 trillion (Hanushek E and Woessman L, forthcoming [1]). The unemployment rate was 7.9%, better than the … Trends 2020; Trends 2019; Greening with jobs; Trends for women 2018; Trends 2018; Sustainable enterprises and jobs, 2017; World Social Protection Report. Hiring in the US is now so slow, it could take another 40 months for the job market to fully recover from the pandemic. We base our claim of ‘authoritative’ on the quality of the experts and the positions of insight they hold, across a range of disciplines. But those with limited capabilities are at growing risk of job loss and economic hardship. Eloquent – You’ll enjoy a masterfully written or presented text. Many studies have tried to predict specific job categories and labor requirements. We look at every kind of content that may matter to our audience: books, but also articles, reports, videos and podcasts. Books include HR From the Outside In, HR Transformation, and Agile Talent. Hot Topic – You’ll find yourself in the middle of a highly debated issue. *getAbstract is summarizing much more than books. There’s no doubt that technology is driving business growth. The 100 jobs we have described, however, provide an authoritative snapshot into future work and future possibilities while offering a glimpse of the skill-sets likely to be rewarded in the future workplace. Increasing demand for high-growth professions has further driven the value of a range of distinctive skill sets that underwrite these seven professional clusters and their promise of growth and prosperity in the new economy. Increasing adoption of new technology 2. Books we rate below 5 won’t be summarized. Published by Deakin University 221 Burwood Highway Burwood Victoria 3125 Australia. The Great Pause Was an Economic Revolution, Global Socio-Economic Losses and Environmental Gains from the Coronavirus Pandemic. I write about the freelance revolution and the future workforce. Have another few minutes? Between 40 million and 160 million women globally may need to transition between occupations … Analytical – You’ll understand the inner workings of the subject matter. Innovative – You can expect some truly fresh ideas and insights on brand-new products or trends. Now in its 12th year, Tracking the trends 2020 features insights, strategies, and forward-thinking ideas that mining companies can leverage to learn how to lead from the front. Helpful – You’ll take-away practical advice that will help you get better at what you do. Women ended 2020 with 5.4 million fewer jobs than they had in February, before the pandemic began. If current growth trends hold, these emerging professions will provide 1.7 million new jobs in 2020 and 2.4 million opportunities by 2022. Insider’s take – You’ll have the privilege of learning from someone who knows her or his topic inside-out. Scientific – You’ll get facts and figures grounded in scientific research. Try This Simple Technique, Top 5 Things Hiring Managers Look For In A Job Interview, Top Executives Like Elon Musk And Steve Jobs Are 64% More Likely To Set This Type Of Goal, but they are likely to accomplish more when they pay attention to how the bigger picture. The Future of Jobs Report aims to unpack and provide specific information on the relative magnitude of these trends by industry and geography, and on the expected time horizon for their impact to be felt on job functions, employment levels and skills. The report contains 11 policy recommendations to support Europe’s agenda for people, planet and prosperity. Meanwhile, men lost 4.4 million jobs over that same time period. Global Employment Trends for Youth 2020: Technology and the future of jobs [Full report] Tags: future of work, youth employment, labour market, labour force, youth unemployment, skills, technology, technological change Report. Access a free summary of The Future of Jobs Report 2020, by World Economic Forum and 20,000 other business, leadership and nonfiction books on getAbstract. Advances in mobile internet 4. Select the sections that are relevant to you. HR thought leader, author, teacher and early stage investor. This report analyzes key drivers that will reshape the landscape of work and identifies key work skills needed in the next 10 years. Background – You’ll get contextual knowledge as a frame for informed action or analysis. 6 Surprising Ways To Write Your Future, What People Want: What Leaders Get Wrong And How To Be More Right, Frustrated With A Dominator On Your Video Calls? The Future of Work vi Executive Summary It is not possible to predict the future. Your highlights will appear here. Overview – You’ll get a broad treatment of the subject matter, mentioning all its major aspects. Concrete Examples – You’ll get practical advice illustrated with examples of real-world applications or anecdotes. 4 Key Implications for freelancers: HR thought leader, author, teacher and early stage investor. Advances in cloud technology Other drivers include shifts in national economic growth, expansion of affluence in developing economies, expansion of education, advances i… Follow me on twitter @jon_younger, and check my Linkedin page for new articles. The Fourth Industrial Revolution has increasingly harnessed technology in the workplace, using machine learning to a greater degree than before and challenging humans’ roles in a growing number of fields. Our global mining professionals once again share a wealth of lessons learned that companies can draw upon to reposition for the future. In many ways, the time to shape the future of work is now. World Employment and Social Outlook. Contents. 2020-21; 2018-19; 2016-17; 2014-15; 2012-13. Here's what the ratings mean: Applicable – You’ll get advice that can be directly applied in the workplace or in everyday situations. “The Future of Jobs Report 2018” shows the top five trends positively impacting growth through 2022 are all technology-related: 1. Laut den Ergebnissen der Untersuchung "The Future of Jobs Report" gibt es daher zehn Fähigkeiten, die 2020 im Job besonders gefragt sein werden. For beginners – You’ll find this to be a good primer if you’re a learner with little or no prior experience/knowledge. Read The Future of Jobs Report 2020 in full here. That’s the World Economic Forum’s sobering assessment of the state of labor markets in 2020 and beyond. History shows that energy efficiency is a proven job growth catalyst in the aftermath of economic meltdown. It taps into the knowledge of those who are best placed to observe the dynamics of workforces—Chief Human Resources and Strategy Officers—by asking them what the current shifts mean, specifically for employment, skills and recruitment across industries and geographies. Hybrid working models, employee listening, inspirational resilience, and job redesign will define the now normal, per speakers at a virtual event by the World Economic Forum (WEF) and the WEF Future of Jobs Report 2020. Based on these estimates, they examine expected impacts of future computerisation… All Rights Reserved, This is a BETA experience. Visionary – You’ll get a glimpse of the future and what it might mean for you. What we say here about books applies to all formats we cover. Over the coming three years: Nonfarm payrolls rose by 661,000 in September, lower than the 800,000 Dow Jones estimate. Recommendations are split into three sections: research and innovation for a safe and just space for humanity, global leadership and economic and societal impact. The Future of Jobs report maps the jobs and skills of the future, tracking the pace of change. Do you know what the jobs of the future are? It aims to shed light on the pandemic-related disruptions in 2020, contextualized within a longer history of economic cycles and the expected outlook for technology adoption, jobs and skills in the next five years. Details. They all have one thing in common: the ongoing technological revolution we’ve been witnessing! The highest-demand skills required in these emerging professional clusters span both technical and cross-functional skills. Despite the currently high degree of uncertainty, the report uses a unique combination of qualitative and quantitative intelligence to expand the knowledge base about the future of jobs … What changes could be in store for the workplace, the workforce, and the nature of work itself? 20 years ago, there was widespread belief among commentators that the defining feature of the future UK labour market would be radically reduced working hours and increased leisure time. The authors examine how susceptible jobs are to computerisation, by implementing a novel methodology to estimate the probability of computerisation for 702 detailed occupations, using a Gaussian process classifier. We rate each piece of content on a scale of 1–10 with regard to these two core criteria. Executive summary; A Journey into the Future of Work ; What the Literature says about the Future of Work; Research Design; The Experts; Work Futures: Looking Forward; 100 Jobs of the Future; References; Download PDF version. Eye opening – You’ll be offered highly surprising insights. Engaging – You’ll read or watch this all the way through the end. It does not consider what will be the jobs of the future. Every second news today is about the deep impact of COVID-19 on the way we live and work and how the future will shape up. 4 Strategies To Expand Your Thinking And Create Space For Solutions, 5 Reasons Why Recruiters Are Overlooking Your CV, Biden Is Expected To Sign An Executive Order To 'Buy American' In An Effort To Improve The Economy And Create More Jobs, This Personality Trait Will Torpedo Your Career: 3 Simple Ways To Stop What’s Not Working, Want To Grow Your Career? The roles with the highest rate of growth within high-volume jobs include Artificial Intelligence Specialists, Medical Transcriptionists, Data Scientists, Customer Success Specialists and Full Stack Engineers. Writing about the freelance revolution and the future of work. America's Top Givers: The 25 Most Philanthropic Billionaires, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Freewheeling Millennials And Gen-Zers Are Starting A New Side-Hustle Career: Aggressively Trading Stocks Online, Minting Money And Showing Up The Wall Street Pros, Stuck With A Problem? Inspiring – You’ll want to put into practice what you’ve read immediately. The highest-growth jobs of tomorrow span all seven profession clusters. Bold – You’ll find arguments that may break with predominant views. Executives will find valuable data and solid recommendations in this comprehensive report on how to support a transition to “the future of work.”. Advances in artificial intelligence 5. Green professions remains low, with 117,200 openings. 2017-19; 2014-15; Global Wage Report. The jobs in our report reflect this fact and point not to a cyber dystopia — a grim, dark singularity — but to a recognizable world in which technology has improved things for humans, not robbed us of what we value most: our very humanity. Our rating helps you sort the titles on your reading list from adequate (5) to brilliant (10). These in-demand skills can be divided into five distinct skills clusters: While some professional clusters—such as Data and AI and Engineering and Cloud Computing— require strong expertise in digital technologies, other high-growth professions place greater emphasis on Business Skills or Specialized Industry Skills. 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