The Future of Jobs: Trends and Predictions for the Workforce of Tomorrow
Future of Jobs
Source: Professional Security
Overview of Employment Trends
- Expect a net growth of 7% in total employment, equating to approximately 78 million jobs over the next five years.
- Creation of 170 million jobs, with a loss of 92 million positions due to automation and technological advancements.
- Industries affected include loss adjusters, investigators, and security guards, with significant job reductions anticipated.
Impact of Technology
- Technologies such as robotics and AI are reshaping job dynamics, introducing both new job opportunities and declines.
- Skills in AI, big data, and cybersecurity are projected to grow dramatically in demand.
Demographic Shifts
- The working-age population is aging, prompting an increase in job roles for older workers.
- Companies are moving towards reshoring and friendshoring to mitigate geopolitical risks.
Skills Development and Stability
- 39% of existing skills are expected to evolve or become obsolete between 2025 and 2030.
- Top skills for the future include resilience, flexibility, and critical problem-solving.
- Stable skills identified include sensory-processing abilities and attention to detail.
Sector-Specific Growth
- In the UK, 56% of employers foresee that geopolitical changes will influence business strategies.
- Anticipated growth genes in roles such as Big Data Specialists, FinTech Engineers, and AI & Machine Learning Specialists.
Conclusions
The importance of investing in skills and adapting to rapid changes in the job market is critical. Security roles, particularly in cybersecurity, will continue to be essential due to the complexity of modern challenges.