WEF Report Forecasts Big Changes in Labour Market
69 million new jobs will be created and 83 million eliminated by 2027; fastest-growing jobs are AI and Machine Learning Specialists, Sustainability Specialists, Business Intelligence Analysts and Information Security Specialists, Bussines Today citied the World Economic Forum’s report. Workers during a shift at a textile company in the northern province of Hung Yen. Photo: VNS The Future of Jobs Report 2023, released on Monday, suggested that almost a quarter of jobs (23% to be precise) are expected to change in the next five years through growth of 10.2% and decline of 12.3%. This is the fourth edition of the report, which was first launched in 2016. It aims to analyse how macrotrends as well as technology adoption are likely to reconfigure labour markets and shape the demand for jobs and skills in the 2023-2027 timeframe. The Future of Jobs Survey brings together the perspective of 803 companies – collectively employing more than 11.3 million workers – in 27 ind