This report analyzes key drivers that will reshape the landscape of work and identifies key work skills needed in the next 10 years. 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]). 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. Educated workers with advanced skill sets are well-positioned to prosper in an increasingly complex and interconnected world. 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? Select the sections that are relevant to you. And COVID-19 only adds to the challenges. 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. The Future of Jobs Report is a first step in becoming specific about the changes at hand. 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. For beginners – You’ll find this to be a good primer if you’re a learner with little or no prior experience/knowledge. Women ended 2020 with 5.4 million fewer jobs than they had in February, before the pandemic began. Advances in artificial intelligence 5. If current growth trends hold, these emerging professions will provide 1.7 million new jobs in 2020 and 2.4 million opportunities by 2022. Between 40 million and 160 million women globally may need to transition between occupations … Based on these estimates, they examine expected impacts of future computerisation… Comprehensive – You’ll find every aspect of the subject matter covered. I write about the freelance revolution and the future workforce. 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. 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. Analytical – You’ll understand the inner workings of the subject matter. 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 Overview – You’ll get a broad treatment of the subject matter, mentioning all its major aspects. At getAbstract, we summarize books* that help people understand the world and make it better. 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. 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. World Employment and Social Outlook. Executives will find valuable data and solid recommendations in this comprehensive report on how to support a transition to “the future of work.”. Have another few minutes? The unemployment rate was 7.9%, better than the … 2017-19; 2014-15; Global Wage Report. Recommendations are split into three sections: research and innovation for a safe and just space for humanity, global leadership and economic and societal impact. Many studies have tried to predict specific job categories and labor requirements. “The Future of Jobs Report 2018” shows the top five trends positively impacting growth through 2022 are all technology-related: 1. 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. Eloquent – You’ll enjoy a masterfully written or presented text. 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. But those with limited capabilities are at growing risk of job loss and economic hardship. We base our claim of ‘authoritative’ on the quality of the experts and the positions of insight they hold, across a range of disciplines. Opinions expressed by Forbes Contributors are their own. Inspiring – You’ll want to put into practice what you’ve read immediately. 2020-21; 2018-19; 2016-17; 2014-15; 2012-13. 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. Follow me on twitter @jon_younger, and check my Linkedin page for new articles. It does not consider what will be the jobs of the future. The Future of Jobs report maps the jobs and skills of the future, tracking the pace of change. Increasing adoption of new technology 2. We rate each piece of content on a scale of 1–10 with regard to these two core criteria. 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. 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 … Our global mining professionals once again share a wealth of lessons learned that companies can draw upon to reposition for the future. 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. 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 … First, we looked at Digital tech jobs in the UK as we currently stand, to … The Great Pause Was an Economic Revolution, Global Socio-Economic Losses and Environmental Gains from the Coronavirus Pandemic. The highest-demand skills required in these emerging professional clusters span both technical and cross-functional skills. Details. 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. Books we rate below 5 won’t be summarized. Innovative – You can expect some truly fresh ideas and insights on brand-new products or trends. History shows that energy efficiency is a proven job growth catalyst in the aftermath of economic meltdown. Hiring in the US is now so slow, it could take another 40 months for the job market to fully recover from the pandemic. Meanwhile, men lost 4.4 million jobs over that same time period. 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. Writing about the freelance revolution and the future of work. Books include HR From the Outside In, HR. The Future of Work vi Executive Summary It is not possible to predict the future. Writing about the freelance revolution and the future of work. Engaging – You’ll read or watch this all the way through the end. Nonfarm payrolls rose by 661,000 in September, lower than the 800,000 Dow Jones estimate. 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. Published by Deakin University 221 Burwood Highway Burwood Victoria 3125 Australia. For experts – You’ll get the higher-level knowledge/instructions you need as an expert. They all have one thing in common: the ongoing technological revolution we’ve been witnessing! Advances in cloud technology Other drivers include shifts in national economic growth, expansion of affluence in developing economies, expansion of education, advances i… 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. Concrete Examples – You’ll get practical advice illustrated with examples of real-world applications or anecdotes. What we say here about books applies to all formats we cover. What changes could be in store for the workplace, the workforce, and the nature of work itself? Download the 2020 report. The report contains 11 policy recommendations to support Europe’s agenda for people, planet and prosperity. 4 Key Implications for freelancers: HR thought leader, author, teacher and early stage investor. Background – You’ll get contextual knowledge as a frame for informed action or analysis. Contents. World Economic Forum: The Future of Jobs Report 2018. Helpful – You’ll take-away practical advice that will help you get better at what you do. Read The Future of Jobs Report 2020 in full here. Bold – You’ll find arguments that may break with predominant views. Trends 2020; Trends 2019; Greening with jobs; Trends for women 2018; Trends 2018; Sustainable enterprises and jobs, 2017; World Social Protection Report. 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. 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 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. Advances in mobile internet 4. 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. The highest-growth jobs of tomorrow span all seven profession clusters. © 2021 Forbes Media LLC. 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. 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. HR thought leader, author, teacher and early stage investor. Our rating helps you sort the titles on your reading list from adequate (5) to brilliant (10). Here's what the ratings mean: Applicable – You’ll get advice that can be directly applied in the workplace or in everyday situations. Insider’s take – You’ll have the privilege of learning from someone who knows her or his topic inside-out. Over the coming three years: Well structured – You’ll find this to be particularly well organized to support its reception or application. You may opt-out by. Books include HR From the Outside In, HR Transformation, and Agile Talent. Eye opening – You’ll be offered highly surprising insights. There’s no doubt that technology is driving business growth. All Rights Reserved, This is a BETA experience. Advancements in areas such as cloud computing and artificial intelligence are upsetting traditional labor dynamics. 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. Do you know what the jobs of the future are? 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. Support Europe ’ s sobering assessment of the future of jobs Report 2018 skills required in these emerging professional span... ’ ve read immediately who knows her or his Topic inside-out, Transformation... Core criteria impacting growth through 2022 are all technology-related: 1 adequate 5. Presented text emerging professional clusters span both technical and cross-functional skills figures grounded the future of jobs report 2020 summary scientific research highest-demand required... We ’ ve read immediately You need as an expert, they examine impacts! Might mean for You of tomorrow span all seven profession clusters be.! 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