The Future of Jobs Report 2025 (Review)

 
The Future of Jobs Report 2025 by the World Economic Forum provides an analysis of anticipated changes in the global labor market up to 2030. 

Key findings include:

1️⃣ Transformative Trends: Major drivers of labor market transformation include:

🗝 Technological Change: Particularly in AI and digital access, with 86% of employers expecting significant impacts.

🗝 Economic Factors: Rising living costs and slower economic growth are expected to affect 50% and 42% of businesses, respectively.

🗝 Green Transition: Climate change initiatives are driving demand for roles in renewable energy and environmental engineering.

🗝 Demographic Shifts: Aging populations in high-income countries and growing working-age populations in lower-income countries are reshaping job requirements.

🗝 Geoeconomic Fragmentation: Increasing trade restrictions and geopolitical tensions are influencing business models.

2️⃣ Job Outlook:

🗝 A net growth of 7% in global employment is projected, equating to approximately 78 million new jobs by 2030, despite the displacement of around 92 million jobs.

🗝 Frontline roles (e.g., farmworkers, delivery drivers) are expected to grow, while clerical jobs (e.g., cashiers, bank tellers) will decline.

3️⃣ Skills Demand:

🗝 Significant shifts in required skills are anticipated, with 39% of current skill sets at risk of becoming outdated.

🗝 Top skills in demand will include analytical thinking, resilience, and technology-related skills, particularly in AI, cybersecurity, and digital literacy.

4️⃣ Workforce Strategies:

🗝 85% of employers plan to prioritize upskilling their workforce, with 70% expecting to hire for new skills.

🗝 Diversity, equity, and inclusion initiatives are increasingly common, with 83% of employers having such policies in place.

5️⃣ Economic Context:

🗝 Global unemployment is projected to stabilize at around 4.9%, with significant variations across income levels and genders.

Overall, the report emphasizes the need for proactive measures in education, workforce training, and policy adaptation to navigate the evolving job landscape effectively.

To read the full report, click here!