menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Global job market poised for major technological shift by 2030: World Economic Forum

50 1
13.01.2025

ISLAMABAD: Technological change, geo-economic fragmentation, economic uncertainty, demographic shifts and the green transition — individually and in combination — are among the major drivers expected to shape and transform the global labour market by 2030, cautions a new report from the World Economic Forum (WEF).

The ‘Future of Jobs Report 2025’ released this week, brings together the perspective of over 1,000 leading global employers — collectively representing more than 14 million workers across 22 industry clusters and 55 economies from around the world — to examine how these macro-trends impact jobs and skills, and the workforce transformation strategies employers plan to embark on in response, across the 2025 to 2030 timeframe.

Broadening digital access is expected to be the most transformative trend — both across technology-related trends and overall — with 60 per cent of employers expecting it to transform their business by 2030. Advancements in technologies, particularly artificial intelligence (AI) and information processing (86 per cent); robotics and automation (58pc); and energy generation, storage and distribution (41pc), are also expected to be transformative, the report says.

These trends are expected to have a divergent effect on jobs, driving the fastest-growing and fastest-declining roles and fuelling demand for technology-related skills,........

© Dawn Business