Work

WHAT'S NEXT?: AI will replace 16% of jobs over the next decade. A billion people will enter the job market over the next ten years.

[New] In South Asian and West African countries, approximately 5% of working hours are expected to be lost through heat stress in 2030, or around 43 million and 9 million jobs, respectively.
[New] Against the backdrop of continuing economic growth, the labour market is expected to improve, creating the conditions for jobs' growth and for improving the employment rate for population aged 20-64, in order to achieve the objective assumed under the Europe 2020 Strategy.
[New] Without a battery industry, the jobs of 114,000 workers making the UK's combustion engines could disappear by 2040.
[New] Not only will the green economy add to economic growth by creating jobs, but cleaner air brings considerable health benefits, reducing pressure on the NHS and social services.
[New] In 2030, 2.2 per cent of total working hours worldwide will be lost because of higher temperatures, a loss equivalent to 80 million full-time jobs.
[New] An increase in heat stress resulting from global warming is projected to lead to global productivity losses equivalent to 80 million full-time jobs in the year 2030.
[New] The use of commercial drones is growing at a faster rate than military use, with a compound annual growth rate of 19% between 2015 and 2020, compared with 5% growth on the military side, and could add an estimated 100,000 jobs to the US economy by 2025.
[New] Regions of the UK are at risk of losing out on £2.1 billion of funding per year, which includes subsidies for job creation and skills training, if the government does not create alternative funding arrangements when the UK leaves the EU.
[New] The number of jobs in the cybersecurity field is expected to grow by 37 percent between 2018 and 2022, with experts expecting there to be 1.5 to 3.5 million cybersecurity job openings by 2021.
[New] A temperature rise of 1.5 C by the end of century could lead to a 2.2% drop in working hours - equal to 80 million full-time jobs - costing the global economy $2.4 trillion.
[New] Concerning Central and Eastern Europe, strong domestic demand, fuelled by favourable labour market conditions, as well as European funds, can provide sufficient support for robust growth this year, but a slowdown is to be expected due to the weaker Euro area economy.
The entrance of AI in work will create some 60 million net new jobs - out of a total of 133 million new roles by 2022.
Across all countries and regions, employers expect that significant reskilling will be needed by a large share of the global workforce over the 2018-2022 period.
The growth rate of labour productivity continues to languish below pre-2008 levels, meaning that expanding the labour force will remain key in boosting the UK's productive capacity in the coming years.
Robots are expected to take over some 20 million manufacturing jobs worldwide by 2030, extending a trend of worsening social inequality while boosting overall economic output, a new study shows.
OECD predicts that 66 million jobs are highly automated and its report claims that 70 percent will be automated over the next 15 to 20 years.
China leads the charge in automating jobs: By 2030, the country will have 14 million industrial robots in use: The rest of the world will have just 6 million robots in use.
Despite the expected rapid decline in the costs of automation technologies such as sewbots, companies in ASEAN are unlikely to adopt them en masse within the next five years because there is a huge cost gap between the high investment costs and the still low human labour costs.
ASEAN's labour force will be more than twice the size of the next ranked market, the United States, with 175 million in its labour force by then.

Last updated: 14 July 2019