The World Economic Forum has recently released its annual Future of Jobs report, revealing significant insights into the evolving job landscape. The report, based on a survey of over 1,000 employers representing more than 14 million workers across various sectors, emphasizes the enduring demand for human skills that AI cannot replicate.

This year’s findings indicate that jobs requiring brainpower and interpersonal skills are set to grow at a much faster rate than others. Specifically, the most sought-after abilities include expertise in artificial intelligence, big data, networks and cybersecurity, alongside a general proficiency in technology.

Notably, as businesses adapt to the rise of AI, nearly half are planning to reshape their operations while two-thirds intend to recruit talent with specialized AI competencies. However, the report also highlights potential job reductions, with approximately 40% of employers indicating a likelihood of workforce trimming where AI can take over tasks.

The report warns that clerical and administrative roles—often the first to be automated—are expected to face the largest declines in job numbers over the next five years. This shift can be alarming, revealing that workers may need to adapt as nearly 39% of their skills will become obsolete or require transformation between 2025 and 2030. Thankfully, this instability has shown signs of slowing, decreasing from 44% in 2023 and peaking at 57% during the pandemic’s aftermath.

Encouragingly, the report anticipates robust growth for jobs that are less vulnerable to automation. This includes frontline positions such as farmworkers, drivers, construction workers, sales representatives, and food processing personnel. Additionally, careers in the care economy—including nursing and social work—are projected to expand significantly, as well as roles in education.

For IT professionals, acquiring skills in AI, big data, or software development is becoming increasingly crucial. The WEF also forecasts strong opportunities in robotics, autonomous systems, and energy generation, particularly for experts in renewable energy and electric vehicle technology, suggesting these roles will enjoy enhanced job security.

Furthermore, the rising cost of living is cited as a transformative force, with an anticipated loss of 1.6 million jobs as a result. However, the report suggests that these positions may eventually be replaced by new opportunities.

According to the report, over the 2025 to 2030 period, the expected structural transformation in the labor market may lead to a net creation of 78 million jobs. This is a combination of new positions emerging, equivalent to about 14% of the current employment landscape, alongside the displacement of around 92 million jobs, resulting in a net growth of approximately 7%.

Additionally, trade concerns are weighing heavily on employers, as more than 20% of those surveyed acknowledge that increased trade and investment restrictions will shape their business strategies.

The report also refers to insights from the WEF’s Chief Economists Outlook, which anticipates short-term stability in the global economy but identifies a worrying trend for the long-term future, particularly impacting developing economies.

In summary, the Future of Jobs report sheds light on the fast-changing job market influenced by AI and other factors, highlighting the urgent need for both individuals and organizations to adapt by investing in growth sectors and essential skill development.