Mumbai: Future of work is changing, and so skills are transforming. Automation and robotics are going to shape up the labour market globally. Less than five years from now, according to the World Economic Forum’s Future of Jobs report, 5 million jobs will have been lost to automation. However, on the positive side, new technological innovations in the form of robotics and machine learning will create new jobs and change the skills that employers need from human workers.
The World Economic Forum has now identified the fastest growing occupations/sectors that would provide future ready jobs in 2025 and the skills workers will need to get them. WEF identified these trends with inputs from the US Bureau of Labor Statistics BLS and its Future of Jobs report. Software developer & computer systems analyst, Medical technicians & physical therapists, Sales & marketing specialists, education & training jobs, and management analysts, accountants and auditors, are going to be top five job creating sectors in 2025. Hence, human workers need to re-skill themselves and take note of the job polarization phenomenon.
Software developer, computer systems analyst and market-research and marketing specialist jobs are expected to grow by around a 20% in 2016-2024, according to the BLS. What are the skills that need be acquired by job seekers to find a job in these specialist jobs? Technology and computational thinking skills will be core skills that would remain in demand.
Good days are ahead for Medical technicians, physical therapists, and workplace ergonomics as they are expected to see surge in demands. Health care sector along with its related jobs is always ever green area for providing employment opportunities. Providing health services and care-giving is becoming an increasingly important skill in an ageing society.
Sales and marketing specialists are considered as bread and butter for any business organizations. These specialists along with customer service representative jobs are also set to see upbeat mood in the coming days. Sales-related jobs are one of the top five growth areas, according to the Future of Jobs report. Most surprisingly, social and emotional intelligence and understanding new media platforms and how to communicate effectively will be valuable skills. These skills will be key differentiators for human workers while robots will struggle to master them in these areas.
In the volatility workplace environment, education and training jobs set to play a vital role in shaping up and fine tuning the skill landscape. Education professionals, workers in education sector, training specialists and learning & development experts will dominate the job markets in 2025. They all are going play a key role in re-skilling of the entire workforce.
Management analysts, accountants and auditors will see double-digit growth. There professionals are expected to play a pioneer role in achieving business goals. Adaptability and business acumen will be the desirable skills for these roles.
By 2020 more than a third of the core skill-set of most occupations will be made up of skills that are not considered crucial to the job today, according to the Future of Jobs report of WEF. Job seekers have to transform themselves and keep themselves updated to make them relevant in the current VUCA environment.
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