The report also highlights the fastest-growing and declining roles in various industries, as well as the core skills that companies consider most important for workers to possess. Finally, it examines companies’ training priorities and strategies for addressing skills gaps. Key points from the report include:
- Over 85% of organizations surveyed identify increased adoption of new frontier technologies and broadening digital access as trends likely to drive transformation in the next five years.
- The fastest-growing roles relative to their current size are driven by technology (such as AI machine learning specialists), digitalization (such as e-commerce specialists), and sustainability (such as renewable energy engineers).
- The largest job creation effects come from investments that facilitate green transition or broader application of ESG standards within supply chains.
- Analytical thinking is considered a core skill by 9% of companies surveyed, followed by creative thinking (8%), resilience, flexibility, agility, motivation, self-awareness, curiosity, lifelong learning (6%), leadership (5%), social influence (4%), quality control (3%), empathy and active listening (2% each), dependability with attention to detail (-1%), technological literacy (-2%).
- Six out of ten workers will require retraining by 2027; analytical thinking is set to account for 10% of training initiatives on average.
- Companies plan to invest most in developing analytical thinking skills among their workforce over the next five years.
The Future Jobs Report 2023 is a comprehensive analysis of the trends and skills that will shape the workplace in the next five years. The report highlights the importance of technology adoption, sustainability, and core skills such as analytical and creative thinking in the future job market.
It also emphasizes the need for companies to invest in their workforce through training initiatives to address skills gaps and prepare for disruptions caused by automation. By understanding these trends and priorities, businesses can better position themselves for success in an ever-changing job market.