Note4Students
From UPSC perspective, the following things are important :
Prelims level: Future of Jobs Report, 2025; Other reports by WEF
Why in the News?
According to the World Economic Forum’s (WEF) Future of Jobs Report 2025, global macro trends, including technological advancements, demographic shifts, and the green transition, will create 170 million new jobs by 2030.
About the Future of Jobs Report, 2025
- It is based on insights gathered from over 1,000 leading global companies, collectively representing 14 million workers across 22 industry sectors and 55 economies worldwide.
- It provides critical insights into emerging and declining job roles, skills trends, and the overall impact of global changes on the labour market.
What are the key findings of the report?
- The report projects 170 million new jobs globally by 2030, with a net increase of 78 million jobs after accounting for 92 million displaced roles.
- Fast-growing roles include AI and machine learning specialists, big data experts, FinTech engineers, and farmworkers, driven by technological advancements and the green transition.
- Clerical jobs like data entry clerks and cashiers are declining due to automation.
- Employers anticipate 39% of skills will change by 2030, with growing demand for AI proficiency, creative thinking, and resilience.
- Businesses are focusing on reskilling, with 85% investing in upskilling programs.
- Collaboration among governments, academia, and industries is vital to bridge the skills gap and align with future job demands.
About World Economic Forum (WEF):
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PYQ:[2019] The Global Competitiveness Report is published by the: (a) International Monetary Fund (b) United Nations Conference on Trade and Development (c) World Economic Forum (d) World Bank |
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