Future of Jobs Report: Technology & Labour Markets
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What is the approximate annual growth rate of robots and autonomous systems since 2020?

  • 5-7% (correct)
  • 2-3%
  • 15-17%
  • 10-12%

In 2023, what was the global average robot density per 10,000 employees?

  • 100 units
  • 81 units
  • 162 units (correct)
  • 324 units

Which region exhibits the lowest expectation for the transformative impact of robots and autonomous systems?

  • Republic of Korea
  • Japan
  • Sub-Saharan Africa (correct)
  • Germany

What percentage of global robot installations are concentrated in China, Japan, The Republic of Korea and Germany?

<p>80% (B)</p> Signup and view all the answers

According to the box highlighting Generative AI Skills, what conceptual topic is in high demand for Generative AI training?

<p>Prompt engineering (C)</p> Signup and view all the answers

What is the key source of the data regarding Generative AI skills demand, as mentioned in the text?

<p>Coursera (A)</p> Signup and view all the answers

Compared to Generative AI, how does the text describe the transformative impact of robots and autonomous systems?

<p>Less transformative (C)</p> Signup and view all the answers

In which of the following countries is the transformative impact of technology expected to be more than 60%?

<p>United States (C)</p> Signup and view all the answers

What is the primary purpose of the World Economic Forum's Future of Jobs Report?

<p>To understand occupational disruption and identify opportunities for workers to transition to the jobs of the future. (D)</p> Signup and view all the answers

Which technological breakthrough is identified as significantly reshaping industries and tasks?

<p>Generative artificial intelligence (GenAI) (B)</p> Signup and view all the answers

According to the preface, over what period has the World Economic Forum's Future of Jobs Report tracked evolving trends?

<p>The past decade (C)</p> Signup and view all the answers

Which of the following best describes the role of survey and data partners in the Future of Jobs Report?

<p>They enhance the report’s geographical coverage and data analysis. (C)</p> Signup and view all the answers

What is indicated about the views expressed in the Future of Jobs Report?

<p>They reflect a collaborative process, but may not represent the views of the World Economic Forum or its stakeholders. (B)</p> Signup and view all the answers

Which of the following actions is explicitly prohibited regarding the Future of Jobs Report?

<p>Reproducing or transmitting any part of the publication without permission. (B)</p> Signup and view all the answers

What is the intended scope of the Future of Jobs Report 2025 concerning the jobs landscape?

<p>The emerging jobs landscape for the 2025-2030 period. (A)</p> Signup and view all the answers

Besides survey partners, which entities contribute through research collaborations and data partnerships?

<p>ADP, Coursera, Indeed and LinkedIn. (A)</p> Signup and view all the answers

Based on the survey, which factor is identified by the highest percentage of employers as a significant trend?

<p>Broadening digital access (B)</p> Signup and view all the answers

According to the survey, which of the following trends related to economic conditions is considered most impactful by employers?

<p>Rising cost of living, higher prices or inflation (B)</p> Signup and view all the answers

What percentage of employers surveyed indicated that 'Increased efforts and investments to reduce carbon emissions' is a significant trend?

<p>47% (B)</p> Signup and view all the answers

Which of the following trends is LEAST likely to be a primary concern for employers based on the survey results?

<p>Increased restrictions to global trade and investment (D)</p> Signup and view all the answers

Considering the survey data, which demographic shift presents the GREATEST challenge for employers?

<p>Ageing and declining working-age populations (A)</p> Signup and view all the answers

If a company is primarily concerned with technological advancements, which factor should it MOST closely monitor according to the survey?

<p>Broadening digital access (C)</p> Signup and view all the answers

Which of the following trends is most closely associated with 'Geoeconomic fragmentation' according to the provided data?

<p>Increased geopolitical division and conflicts (C)</p> Signup and view all the answers

Which trend is likely to have the LEAST direct impact on a company's sustainability initiatives focused on reducing its carbon footprint?

<p>Stricter anti-trust and competition regulations (B)</p> Signup and view all the answers

According to the information, what is a key characteristic of the global economic outlook as of early 2025?

<p>A mix of cautious optimism alongside persistent uncertainties. (A)</p> Signup and view all the answers

What is the predominant expectation among the majority of surveyed chief economists regarding short-term economic conditions?

<p>Relative stability. (A)</p> Signup and view all the answers

What factor is identified as contributing to economic optimism during the 2024 economic performance?

<p>Decreasing inflation and more relaxed monetary policies. (A)</p> Signup and view all the answers

Which occupation primarily focuses on optimizing energy consumption and efficiency in buildings and industrial processes?

<p>Energy Engineer (C)</p> Signup and view all the answers

Which factor poses a risk of economic shocks for many countries?

<p>Slow growth and political instability. (C)</p> Signup and view all the answers

What trend has the World Trade Organization (WTO) reported regarding trade restrictions between 2020 and 2024?

<p>Trade restrictions have doubled. (C)</p> Signup and view all the answers

A company wants to understand market trends through data analysis to improve their business strategy. Which professional would be BEST suited for this task?

<p>Business Intelligence Analyst (A)</p> Signup and view all the answers

What is identified as a medium-term risk to global economic growth related to increasing protectionist measures?

<p>Reduced opportunities for technology transfer. (A)</p> Signup and view all the answers

A large hotel chain is looking to improve guest satisfaction and streamline operations. Which of these roles is MOST directly involved in achieving these goals?

<p>Hotel and Restaurant Managers (C)</p> Signup and view all the answers

A law firm needs assistance with preparing legal documents, conducting research, and organizing case files. Which of the following professionals would be MOST appropriate for this?

<p>Paralegals and Legal Assistants (B)</p> Signup and view all the answers

What range of potential global output losses does the IMF estimate could result from trade fragmentation?

<p>0.2% to 7% of GDP (B)</p> Signup and view all the answers

Which type of economies are particularly vulnerable to disruptions caused by geoeconomic fragmentation?

<p>Emerging and developing economies. (D)</p> Signup and view all the answers

Which professional is MOST directly involved in crafting and executing strategies to enhance a company's online presence and engage with its target audience through digital platforms?

<p>Social Media Strategist (B)</p> Signup and view all the answers

Which role is most directly involved in designing and implementing the underlying structure of a software application?

<p>Full Stack Engineers (A)</p> Signup and view all the answers

A company aims to reduce its carbon footprint and increase energy efficiency. Which specialist would be the MOST beneficial to hire?

<p>Sustainability Specialists (C)</p> Signup and view all the answers

An organization wants to improve its data management and analytical capabilities to make better business decisions. Which professional should they prioritize hiring?

<p>Database and Network Professionals (B)</p> Signup and view all the answers

A manufacturing company is looking to streamline its production processes and reduce operational costs. Which specialist would be most valuable?

<p>Process Automation Specialists (D)</p> Signup and view all the answers

A solar power company needs an expert to design, install, and maintain solar energy systems. Which role is the MOST suitable?

<p>Solar Energy Installation and System Engineers (B)</p> Signup and view all the answers

A company is undergoing a major shift towards cloud computing and needs to ensure its systems are reliable and secure. Which of the following roles is MOST critical?

<p>System Engineers (D)</p> Signup and view all the answers

An educational institution wants to expand its online course offerings and improve the quality of its digital learning resources. Which professional's expertise would be most valuable?

<p>Online Learning Managers (B)</p> Signup and view all the answers

A food processing company needs to enhance its product development and ensure food safety standards are met. Which role directly contributes to these goals?

<p>Food Scientists and Technologists (A)</p> Signup and view all the answers

Flashcards

Broadening digital access

More people can use digital technologies.

Rising cost of living

The cost of everyday items is increasing.

Reduce carbon emissions

Investing more to lower carbon footprint.

Focus on labour and social issues

Focus on workers' rights and social well-being.

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Slower economic growth

The economy is growing at a reduced rate.

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Adapt to climate change

Investing to prepare for the effects of climate change.

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Ageing populations

Fewer working-age individuals available.

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Increased geopolitical division

More tension and conflict between countries.

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Future of Jobs Report

A report by the World Economic Forum that tracks technological, societal, and economic trends to understand occupational disruption.

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Transformational breakthroughs

Technological advancements that are significantly changing industries and tasks.

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Generative Artificial Intelligence (GenAI)

A type of artificial intelligence that can generate new content, like text or images.

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2025-2030 Period

The period that the Future of Jobs Report 2025 looks into, regarding the job landscape.

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Research Collaboration and Data Partnerships

Organizations that provided data and analysis to enrich the Future of Jobs Report.

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Worker Transition

Continuous adaptation of skills and knowledge by workers to match the shifting demands of the job market.

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Emerging Jobs Landscape

The evolving state of occupations shaped by technological, societal and economic changes.

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Occupational Disruption and Opportunity

Understanding disruptions and identifying opportunities for workers.

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Robots and Autonomous Systems

Automation involving machines capable of performing tasks with a degree of independence.

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Robot Density

The number of robots per 10,000 employees, indicating automation levels.

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Concentrated Robot Installations

Indicates areas with the highest adoption of robot technology.

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Generative AI (GenAI)

AI capable of generating new content, like text or images.

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Prompt Engineering

The practice of designing effective prompts to guide AI models.

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Trustworthy AI Practices

Principles and methods for ensuring AI systems are reliable and fair.

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Strategic Decision-Making Around AI

Involves choosing the best AI strategies for an organization.

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Institution-Sponsored AI Training

Training provided or sponsored by educational institutions related to AI.

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Extraction Workers

Workers who extract raw materials from the earth.

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E-commerce Specialists

Professionals who focus on online sales and marketing.

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Survey Researchers

Experts who analyze data from surveys.

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Strategic Advisors

Individuals who advise companies on high-level decisions.

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Product Managers

People who develop product strategies

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Global Economic Outlook (Early 2025):

A mix of cautious optimism and persistent uncertainties shaping the global economy.

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Chief Economists' Expectations:

Most chief economists expect steady economic conditions in the short term, but with a bias towards worsening.

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2024 Economic Performance:

A worldwide reduction in the rate of price increases paired with unexpectedly strong economic activity.

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Sources of Economic Optimism:

Falling inflation rates and more relaxed monetary policies.

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Risks to Economic Stability:

Slow economic growth and political instability.

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Geoeconomic Challenges Response:

Government actions to limit trade and investment, increase subsidies, and adjust industrial policies.

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Rise in Trade Restrictions:

Trade restrictions have increased significantly, potentially harming global economic growth.

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Geoeconomic Fragmentation:

The fragmentation of the global economy into distinct, less interconnected blocs.

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Blockchain Developers

Individuals who design, develop, and implement blockchain solutions.

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Data Engineers

Professionals who build and maintain data infrastructure for analysis.

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Digital Transformation Specialists

Experts who lead and manage the process of integrating digital technology into all areas of a business.

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Process Automation Specialists

Experts who specialize in automating tasks and processes using technology.

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Sustainability Specialists

People who ensure the sustainability of business practices.

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Renewable Energy Technicians

Workers who install and maintain renewable energy systems.

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System Engineers

Professionals who design, install, and manage computer systems.

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Online Learning Managers

Specialists who are responsible for designing and delivering online learning programs.

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Study Notes

  • This report is a collaborative effort facilitated by the World Economic Forum.
  • It does not necessarily represent the views of the Forum, its members, partners, or other stakeholders.
  • The Future of Jobs Report has tracked technological, societal, and economic trends for a decade to understand occupational disruption and identify opportunities for workers.

Technological Transformation

  • Breakthroughs in generative artificial intelligence (GenAI) are reshaping industries and tasks across sectors.
  • Growing digital access enables new technologies to transform labour markets.
  • The impact of technology gains remains uncertain.
  • Since 2020, robots and autonomous systems have seen steady growth of around 5-7% annually.
  • In 2023, global average robot density reached 162 units per 10,000 employees.
  • Robot installations are heavily concentrated, with 80% occurring in China, Japan, United States, the Republic of Korea, and Germany.
  • Expectations towards the transformative impact of technology in Sub-Saharan Africa (39%), Central Asia (45%) and the Middle East and North Africa (44%) are much lower than in other countries.

Generative AI Skills

  • Coursera data reveals significant growth in demand for Generative AI training among individual learners and enterprises.
  • Focus is given to conceptual topics, such as prompt engineering, trustworthy AI practices, and strategic decision-making around AI.

Economic Uncertainty

  • As of early 2025, a combination of cautious optimism and persistent uncertainties shapes the global economic outlook.
  • Most surveyed chief economists (54%) expect economic conditions to hold steady in the short term.
  • More expect conditions to worsen rather than strengthen.
  • The 2024 economic performance was marked by a global decrease in inflation and an unusually resilient economy throughout the disinflationary process.
  • Slow growth and political volatility keep many countries at risk of economic shocks.

Geoeconomic Fragmentation

  • Governments are responding to geoeconomic challenges by imposing trade and investment restrictions, increasing subsidies, and adjusting industrial policies.
  • Trade restrictions doubled between 2020 and 2024.
  • The value of import restrictions reached nearly 10% of global imports in 2024.
  • Protectionist measures may pose a medium-term risk to global economic growth.
  • The IMF estimates potential global output losses from trade fragmentation ranging from 0.2% to 7% of GDP
  • Losses deepen in scenarios of technological decoupling.
  • Emerging and developing economies are particularly vulnerable to such disruptions.
  • Broadening digital access (60%)
  • Rising cost of living, higher prices, or inflation (50%)
  • Increased efforts and investments to reduce carbon emissions (47%)
  • Increased focus on labour and social issues (46%)
  • Slower economic growth (42%)
  • Increased efforts and investments to adapt to climate change (41%)
  • Ageing and declining working-age populations (40%)
  • Increased geopolitical division and conflicts (34%)
  • Growing working-age populations (24%)
  • Increased restrictions to global trade and investment (23%)
  • Increased government subsidies and industrial policy (21%)
  • Stricter anti-trust and competition regulations (17%)

Job Roles: Increasing and Decreasing Demand

  • There is a list of job roles, this list identifies these roles as either and increasing or decreasing in demand

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Future of Jobs Report 2025 PDF

Description

Analysis of technological, societal, and economic trends impacting jobs. Focus on AI, digital access, and automation transforming labour markets. Examines robot density and installations worldwide, predicting future impacts.

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