Future job demands?

Work demands will shift toward occupations requiring high technological abilities, such as data analysis, artificial intelligence, and software development. Additionally, there may be a rise in demand for occupations connected to sustainability and renewable energy, as well as roles that require working remotely or managing virtual teams. As technology advances, there may be an increased demand for workers who can navigate and make sense of vast amounts of data. Here are the details of the future job demands. 

Data analysis, artificial intelligence, and software development

Data analysis, artificial intelligence, and software development are examples of advanced technical skills. As technology advances and organisations become more data-driven, there will be an increased demand for professionals with advanced technical skills. These abilities will be highly valued in finance, healthcare, and manufacturing. According to a World Economic Forum report, data analysis and artificial intelligence are among the top in-demand skills beyond 2020 (Source: www.weforum.org/agenda/2016/01/the-10-skills-you-need-to-thrive-in-the-fourth-industrial-revolution/).

Jobs in sustainability and renewable energy

Climate change and environmental concerns have heightened awareness of the importance of sustainability and renewable energy sources. As a result, there is a greater need for workers in renewable energy production and energy efficiency fields. According to the International Renewable Energy Agency, the renewable energy sector will generate more than 42 million jobs by 2050. (Source: https://www.irena.org/publications/2021/Mar/Renewable-Energy-Jobs).

Remote work and virtual team management

The COVID-19 epidemic has pushed the trend toward remote work, and many organisations will likely continue to allow employees to work from home once the pandemic is over. This trend will raise demand for virtual team management roles such as remote project management and virtual event coordination. According to a Buffer analysis, 99% of employees asked desire to work at least a portion of the time for the remainder of their careers remotely. (Source: https://buffer.com/remote-work-state-of-the-art-2021).

Navigating and making sense of vast amounts of data

As organisations generate more data, there will be greater demand for people who can navigate and make sense of this data. These abilities will be highly valued in banking, healthcare, and retail. According to McKinsey research, by 2025, businesses will generate 463 exabytes of data per day, with 90% of that data being unstructured. (Source: https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/big-data-as-the-next-innovation-frontier).

Digital abilities, such as digital marketing and social media management

As more business and communication moves online, there will be a greater need for employees with digital abilities, such as digital marketing and social media management. Retail, healthcare, and finance will all be in great demand for these skills. According to a Hootsuite analysis, digital marketing will be the most in-demand expertise for organisations by 2021. (Image courtesy of https://blog.hootsuite.com/digital-marketing-trends-2021/).

Healthcare and biotechnology

As the population ages and the demand for healthcare services grows, so will the demand for jobs in the healthcare and biotechnology sectors. Jobs in medical research, disease detection and treatment, and medicines will be in great demand. According to the Bureau of Labor Statistics, employment in healthcare occupations is expected to expand by 15% from 2019 to 2029, substantially faster than the national average. (Bureau of Labor Statistics, https://www.bls.gov/ooh/fastest-growing-occupations.htm#table).

Roles in sales, marketing, and customer service that use technology

As technology advances, sales, marketing, and customer service roles increasingly rely on technology. Customer Relationship Management (CRM) systems, social media, and other digital marketing tools are examples of this. These tools will increase the demand for professionals using these technologies to connect with customers, understand their needs, and build relationships. According to a Salesforce survey, the most in-demand sales skills for the future are digital selling, virtual presentation skills, and social media selling. (Image courtesy of https://www.salesforce.com/in/blog/2021/11/future-of-sales-skills-demand/).

Cybersecurity, privacy, and networking

Cybersecurity, privacy, and networking become increasingly crucial as our reliance on technology grows. These technologies will increase the demand for professionals who protect organisations from cyber threats and secure sensitive data. According to Cybersecurity Ventures, there will be 3.5 million cybersecurity job openings by 2021. (Image courtesy of https://cybersecurityventures.com/jobs/).

Supply chains and logistics

Supply chains and logistics are becoming increasingly important as the global economy becomes more interconnected. As a result, there will be greater demand for professionals who can plan and manage the movement of goods and materials. According to a World Economic Forum report, supply chain management will be among the most in-demand skills in 2020 and beyond. (Source: www.weforum.org/agenda/2016/01/the-10-skills-you-need-to-thrive-in-the-fourth-industrial-revolution/).

Caregiver and elder care positions

As the population ages, so will the demand for caregiver and elder care roles. Home health aides, personal care aides, and nursing assistants are examples of such positions. According to the Bureau of Labor Statistics, employment in these occupations is expected to expand 11% from 2019 to 2029, substantially faster than the national average. (Bureau of Labor Statistics, https://www.bls.gov/ooh/healthcare/home-health-aides-and-personal-care-aides.htm)

So, are you ready to meet the future? Welcome 2023!

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