Future Jobs

A Future Prognosis

Athena @ Shaping Tomorrow

10 June 2023
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World Outlook
Main factors that cause something to happen globally
By 2027, the WEF projects, nearly 70 million new jobs will be created worldwide and 83 million will be eliminated. Fortune
14 million jobs worldwide will disappear by 2028. Transport Times
The biggest losses due to automation will be in administrative roles-like cashier, data entry, accounting, payroll, and executive assistant-leading to some 26 million fewer jobs worldwide by 2027. Quartz
Global regions, coloured according to number of forecasts
  • The World Economic Forum's 2023 Future of Jobs report found that four of the top five skills employers are going to demand in the next five years are creative thinking, analytical thinking, curiosity and lifelong learning, and resilience/flexibility / agility. Fortune
  • Despite the strong jobs report, many economists are expecting the U.S. to fall into a recession during the second half of 2023. Hart Energy
  • As new nuclear, battery factories and offshore wind repower Britain, Labour will build strong supply chains that create jobs, skills and decent wages here in Britain. Jersey Evening Post
  • Fresno's Disadvantaged Community Solar Farm will reduce electricity costs for some disadvantaged community rate payers, and provide solar jobs to local residents. PR Newswire
  • Even a temporary shutdown at the West Coast's busiest ports will result in massive economic loss and endanger thousands of manufacturing jobs. Modern Distribution Management
  • The Inflation Reduction Act, the CHIPS Act and the Infrastructure Investment and Jobs Act will channel $1.25 trillion to green energy sectors. Reuters
  • People, jobs, and investment will continue flowing out of high-tax environments to states like New Hampshire that get it right. Americans for Tax Reform
  • The introduction of a voluntary or mandatory target of 50% of all vehicles to be fully electric in industrialised and car-manufacturing countries by 2030 would not only reduce emissions, but also create a net total of almost 10 mn jobs across all sectors globally. Human Resources Online
  • Assessments of the potential for green jobs in India, Indonesia, the Philippines, and South Africa show that a renewable energy policy to phase down coal combined with a policy on wind turbines and solar manufacturing could create more jobs than would be lost in coal mining. Human Resources Online
  • To bring about productivity loss equivalent to 80 mn jobs by 2030 - an ILO study has estimated that the projected increase in global temperatures will render 2% of all work hours too hot to enable safe employment by 2030. Human Resources Online
  • If an FAD outbreak were to occur in the United States, countries around the globe would shut off American exports immediately, resulting in disruptions to domestic production and significant job losses. National Hog Farmer
  • Big employers including BT, Rolls-Royce and Sky have announced plans to cut thousands of jobs, and many more people are at risk of being replaced by artificial intelligence in future. The Times

A framework that describes a 4-phase level of maturity to help determine potential and inform innovation strategy.

job, artificial intelligence, autonomous, automation, industry, Mars
artificial intelligence, job, automation, EV, 5G, economy
job, economy, clean, GDP, company, growth
job, economy, automation, GDP, employment, coal
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
By 2027, the WEF projects, nearly 70 million new jobs will be created worldwide and 83 million will be eliminated. Fortune
AI will replace 85 million jobs globally by 2025. Computerworld
  • In Los Angeles, other advocates are pressing a vision for juvenile justice that would move away from locked wards in favor of homey environments with more academic supports, job opportunities and clear pathways to viable careers. Los Angeles Times
  • In the U.S., jobs that run the highest risk of automation include office and administrative support jobs, followed by legal work, tasks within architecture and engineering, jobs in physical and social sciences sector and business and financial operations. Biz Report
  • Even if production and demand hold up, European countries might want deals of their own with South Korea along the lines of what Poland has - co-production agreements that could create jobs and stimulate industry. Reuters
  • The hydrogen industry will create up to 100,000 new direct and indirect jobs by 2030. Executive Gov
  • Deal making shortfall blamed for Morgan Stanley job losses US banking giant Morgan Stanley will reportedly cut 3,000 jobs across its global workforce by the end of this quarter, with about 5% of staff on the chopping block. FinTech Futures
  • With increased ambition, energy efficiency activities could lead to another 12 million jobs globally by 2030. Energy Connects
  • The Bond Act will make $4.2 billion available for environmental and community projects that also support job creation and a substantial investment in the Clean Green Schools initiative that will serve more than 1,000 under-resourced public schools. Governor Kathy Hochul
  • Employers must do a better job attracting female staff and warned of the economical impact of having a gender pay gap. The Times
  • The Statistics Canada analysis finds there are no labour shortages for jobs that require high levels of education, suggesting other factors, such as a mismatch in skills and pay, might be to blame for a high number of empty positions. / Canada BNN
  • 75% of Freelancers Are More Hopeful Than Fearful of AI Impacting Their Jobs, and Women See a Clear Advantage to Freelance Work over Traditional Employment. Fiverr
  • The emergence of artificial intelligence and the impact it will have on jobs is a key reason they believe UBI is necessary. CNBC
  • If the federal and Ontario governments do not match U.S. government subsidies, Canada will be shut out of the green technology value chain, and high-paying jobs in Canada's motor vehicle industry will disappear. The Fraser Institute
Financial Impact
Action for nature-positive transition could generate $10.1 trillion in annual business value and create 395 million jobs by 2030. Forbes
Investing in nature offers the opportunity to generate US$ 10 trillion in business value and create 395 million jobs. United Nations Environment Programme
Green investment in agriculture and food, construction, power, transport, water, and waste management sectors can help the GCC reach a cumulative GDP contribution of $2 trillion as well as create more than 1 million jobs by 2030. Zawya
Click on the dots or the lines to see the connections
System Map
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
By 2025, automation will have replaced 85 million jobs worldwide, although it will also have created 97 million new jobs. CommBank
Global employers anticipate creating 69 million new positions by 2027 and eradicating 83 million jobs - a net loss of 14 million roles. Forbes
Nearly 70 million new jobs will be created worldwide, and 83 million will be eliminated by 2027. Fortune
Changing proportion of published forecasts
One potential risk is the possibility of AI being used to automate tasks, which could lead to job displacement - a McKinsey Global Institute study found that by 2030, between 400 million and 800 million employees around the world could be displaced by automation. Forbes
By 2030, the majority of the world's extreme poor, which includes a large proportion of displaced people, will live in fragile and conflict affected states - so job creation in fragile settings has the significant potential to address poverty. World Bank Blogs
Know how others are tackling issues with this topic
18 million net new jobs could be created worldwide by net-zero commitments by 2030. Sustainable Brands
If AI is adopted broadly, one estimate is that 15-30% of workers, or 400M people worldwide, could lose their jobs by 2030. Automation Anywhere
Between 2020 and 2025, 85 million jobs will be lost to automation globally, while 97 million new jobs will be created in new trades. EL PAIS English
Key topics
Investigate what’s transforming or collapsing
On the other side, robots, and not humans, will perform a high percentage of jobs, so unemployment rates and social inequality will soar, becoming significant catalysts for rebellions across the world. Hacker Noon
Press Gazette understands staff for the US operations will ultimately number about 100 by the end of 2023, although the job hiring process will be staggered rather than all coming at once. Press Gazette
The future economic stability of more than one billion people - or almost one-third of all jobs worldwide - they argued, will ultimately come down to how successfully they can be reskilled over the next decade in preparation for a workforce shaped by the fourth Industrial Revolution. American Express
What's Next
Changing proportion of material mentioning future years
All jobs will undergo transformation in the coming five years and data will be at the center of it. Citizen Matters
Some experts have predicted that up to 40% of current jobs will be replaced by new innovations within the next few years. The Bizzabo blog
How can standardisation enable good jobs? Thought Economics
How can focus and simplification enable good jobs? Thought Economics
How can AI create new jobs and contribute to increased value creation? Ethical AI Resources
How are city development, recycling, green jobs, electronics, and other issues essentially based on the ways in which we produce and consume things? PSU.edu
How will the Green Deal impact economies, labour markets and jobs? Eventbrite
How do everyday workers feel about their jobs? Mental Floss
How can we help workers who lose their jobs because of automation or who are afraid of losing their jobs because of automation? NPR
Who makes the biggest increase when job hopping? MarketWatch
Who will assume responsibility to protect workers whose jobs might be transformed, or even eliminated, by generative AI? Communications of the ACM
What jobs go on the shortage occupation list? OTS Solicitors
What are the most common jobs? Sky News
What will the new jobs in AI require? Eventbrite
Whose job is it to collect each bit of data and when should they do it? Insurance Business
Measuring performance and setting goals is easy in a digital LMS, but what happens when employees need in-person training, such as fieldwork experience or on-the-job training, mentoring, and skills supervision? ExpertusONE Learning Platform
What's the biggest mistake new graduates make when applying for jobs? Business.com
Will we actually need to have jobs? Chris Skinner's blog
Will domestic mines then lose out to cheaper foreign competition, not just because a future conservative administration reverses the existing policy but if a liberal administration decides that saving the planet means sacrificing union jobs? Forbes
Will AI replace millions of jobs? CNN
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