The World Economic Forum - The Future of Jobs Report 2020

The World Economic Forum - The Future of Jobs Report 2020

97 million new roles will emerge

The COVID-19 pandemic-induced lockdowns and related global recession of 2020 have created a highly uncertain outlook for the labour market and accelerated the arrival of the future of work.

The Future of Jobs Report 2020 by the World Economic Forum aims to shed light on 1) the pandemic-related disruptions thus far in 2020 and 2) the expected outlook for jobs and skills in the next five years.

The report’s key findings include:

  • The workforce is automating faster than expected, displacing 85 million jobs in the next five years
  • The robot revolution will create 97 million new jobs, but communities most at risk from disruption will need support from businesses and governments
  • In 2025, analytical thinking, creativity and flexibility are among the top skills needed; with data and artificial intelligence, content creation and cloud computing the top emerging professions
  • The most competitive businesses will be those that choose to reskill and upskill current employees

Although the number of jobs destroyed will be surpassed by the number of ‘jobs of tomorrow’ created, in contrast to previous years, job creation is slowing while job destruction accelerates.

In the UAE context, here is a list of roles identified as being in high demand or increasingly redundant 

EMERGING job roles

1.

 

Data Analysts and Scientists

2.

 

Digital Marketing and Strategy Specialists

3.

 

Business Development Professionals

4.

 

AI and Machine Learning Specialists

5.

 

Digital Transformation Specialists

6.

 

Process Automation Specialists

7.

 

Organizational Development Specialists

8.

 

General and Operations Managers

9.

 

Database and Network Professionals

10.

 

Big Data Specialists

REDUNDANT job roles

1.

 

Administrative and Executive Secretaries

2.

 

Data Entry Clerks

3.

 

Accounting, Bookkeeping and Payroll Clerks

4.

 

Postal Service Clerks

5.

 

Business Services and Administration Managers

6.

 

Mechanics and Machinery Repairers

7.

 

Accountants and Auditors

8.

 

Material-Recording and Stock-Keeping Clerks

9.

 

Client Information and Customer Service Workers

10.

 

Cashiers and Ticket Clerks

 

Read the Future of Jobs Report here: http://www3.weforum.org/docs/WEF_Future_of_Jobs_2020.pdf