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Recession and automation. Corona plunged the global economy into crisis and at the same time accelerated the restructuring of our world of work. This is what the report “The Future of Jobs 2020” from the World Economic Forum says.
This year’s results are pretty grim: by 2025, automation and a new division of labor between man and machine will have displaced 85 million jobs. According to the authors, this is done in medium and large companies in 15 industries and 26 economies.
Affected areas: Data entry, accounting and administrative support are less in demand due to digitization. “The creation of new jobs is slower, while their destruction is accelerating,” say the authors.
Machines do more and more work
“Businesses, governments and workers must come together now urgently to develop a new vision for the global workforce,” says Saadia Zahidi, executive director of the World Economic Forum.
The forecast: Starting in 2025, employers will distribute work equally between men and machines. The result is a growing demand for jobs where human skills are required.
Skills in demand in the near future
At the same time, the robot revolution will create 97 million new jobs. Where? Across the care industry, in technology sectors (for example AI artificial intelligence). In these areas, people stay ahead: management, advice, decision-making, argumentation, communication, interaction.
Here employees should pay attention. A large increase in labor demand will create jobs in the green economy, the main areas of digital and smart technologies, and sectors such as engineering, cloud computing and product development.
Basic competencies in demand: critical thinking, analysis and problem solving for recycling and updating of educators and companies. Also, self-management skills like resilience, stress tolerance, and flexibility.
“Nearly 50 percent of the employees who will remain in their current positions in the next five years will need retraining in their core competencies,” the authors continue in the study published today.
Don’t lose disadvantaged professional groups
The study also cautions against losing sight of groups of people who were already disadvantaged before the Corona crisis. “The pandemic has now disproportionately affected millions of low-skilled workers,” he says.
Post-crisis recovery must include coordinated institutional retraining efforts. And offer accessible and relevant learning for the workplace. “So that the individual can retake it and return to the labor market.”
According to the study, the most competitive companies will be those that retrain and further qualify their current employees. Another conclusion: career changers are becoming the “new normal.”
