## World Economic Forum: Future of Jobs Report 2020 – IMF F&D ## Source details **Canonical URL:** [World Economic Forum: Future of Jobs Report 2020 – IMF F&D](https://www.imf.org/en/publications/fandd/issues/2020/12/wef-future-of-jobs-report-2020-zahidi) ## Other formats - [Markdown version](/en/publications/fandd/issues/2020/12/wef-future-of-jobs-report-2020-zahidi/index.md) - [Structured JSON version](/en/publications/fandd/issues/2020/12/wef-future-of-jobs-report-2020-zahidi/index.json) - [Bundle manifest](/en/publications/fandd/issues/2020/12/wef-future-of-jobs-report-2020-zahidi/bundle-manifest.json) ## Bibliographic details - Authors: SAADIA ZAHIDI - Published: December 1, 2020 --- ### Overview and context - Author: SAADIA ZAHIDI, managing director at the World Economic Forum and head of the Forum’s Center for the New Economy and Society. - Publication: F&D Magazine, "The Jobs of Tomorrow", December 2020. - Report focus: Maps the jobs and skills of the future, tracking change based on surveys of business leaders and human resource strategists; places pandemic-related disruptions in context of longer-term technology trends. ### Key findings (five things to know) - 1. The workforce is automating faster than expected, displacing 85 million jobs in the next five years. - Automation plus the COVID-19 recession create a “double-disruption” scenario for workers. - 43 percent of businesses surveyed indicate they are set to reduce their workforce because of technology integration. - 41 percent plan to expand their use of contractors for task-specialized work. - 34 percent plan to expand their workforce as a result of technology integration. - Five years from now, employers will divide work between humans and machines roughly equally. - 2. The robot revolution will create 97 million new jobs. - New roles will emerge across the care economy, in technology fields (such as artificial intelligence—AI), and in content creation careers (such as social media management and content writing). - Emerging professions reflect greater demand for green economy jobs; roles at the forefront of the data and AI economy; and new roles in engineering, cloud computing, and product development. - Growth in roles emphasizing human interaction: care economy; marketing, sales, and content production; roles requiring ability to work with different types of people from different backgrounds. - 3. In 2025, analytical thinking, creativity, and flexibility will be among the most sought-after skills. - Employers see critical thinking, analysis, and problem solving as growing in importance. - Newly emerging skills this year include self-management skills: active learning, resilience, stress tolerance, and flexibility. - Data partnerships with LinkedIn and Coursera enabled tracking with unprecedented granularity the types of specialized skills needed. - 4. The most competitive businesses will focus on upgrading their workers’ skills. - For workers remaining in their roles over the next five years, nearly half will need retraining for their core skills. - Public sector support for reskilling and upskilling of at-risk or displaced workers is insufficient. - Only 21 percent of businesses report being able to make use of public funds to support their employees through retraining initiatives. - Policy needs highlighted: provide incentives for investment in markets and jobs of tomorrow; offer stronger safety nets for displaced workers during job transitions; tackle long-delayed improvements of education and training systems. - 5. Remote work is here to stay. - 84 percent of employers are set to rapidly digitalize work processes, including a significant expansion of remote working. - Employers say there is the potential to move 44 percent of their workforce to operate remotely. - 78 percent of business leaders expect some negative impact on worker productivity, and many businesses are taking steps to help their employees adapt. ### Implications and policy recommendations (as stated) - Public sector must: - Provide stronger support for reskilling and upskilling of at-risk or displaced workers. - Provide incentives for investment in the markets and jobs of tomorrow. - Offer stronger safety nets for displaced workers during job transitions. - Tackle long-delayed improvements of education and training systems. - Businesses should prioritize: - Upgrading workers’ skills and retraining nearly half of workers who will remain in roles over the next five years. - Measures to help employees adapt to expanded remote working amid concerns about productivity. *World Economic Forum: Future of Jobs Report 2020 — as summarized by SAADIA ZAHIDI in F&D Magazine, December 2020.* --- ## Content in this bundle - **وظائف الغد** - [وظائف الغد (Markdown version)](/-/media/files/publications/fandd/article/2020/december/ar/zahidi.pdf.md){rel="alternate" type="text/markdown"} - [وظائف الغد (PDF)](/-/media/files/publications/fandd/article/2020/december/ar/zahidi.pdf){rel="external" type="application/pdf"} - **Wef Future of Jobs Report 2020 Zahidi** - [Wef Future of Jobs Report 2020 Zahidi (Markdown version)](/-/media/files/publications/fandd/article/2020/december/fr/wef-future-of-jobs-report-2020-zahidi.pdf.md){rel="alternate" type="text/markdown"} - [Wef Future of Jobs Report 2020 Zahidi (PDF)](/-/media/files/publications/fandd/article/2020/december/fr/wef-future-of-jobs-report-2020-zahidi.pdf){rel="external" type="application/pdf"} - **World Economic Forum: Future of Jobs Report 2020 – IMF F&D** - [World Economic Forum: Future of Jobs Report 2020 – IMF F&D (Markdown version)](/-/media/files/publications/fandd/article/2020/december/wef-future-of-jobs-report-2020-zahidi.pdf.md){rel="alternate" type="text/markdown"} - [World Economic Forum: Future of Jobs Report 2020 – IMF F&D (PDF)](/-/media/files/publications/fandd/article/2020/december/wef-future-of-jobs-report-2020-zahidi.pdf){rel="external" type="application/pdf"} - **未来的就业 - 金融与发展 - 国际货币基金组织季刊** - [未来的就业 - 金融与发展 - 国际货币基金组织季刊 (Markdown version)](/-/media/files/publications/fandd/article/2020/december/zh/zahidi-chn.pdf.md){rel="alternate" type="text/markdown"} - [未来的就业 - 金融与发展 - 国际货币基金组织季刊 (PDF)](/-/media/files/publications/fandd/article/2020/december/zh/zahidi-chn.pdf){rel="external" type="application/pdf"} --- _Source: https://www.imf.org/en/publications/fandd/issues/2020/12/wef-future-of-jobs-report-2020-zahidi_