Macro-shift in the Workforce
The Digital Transformation is ongoing and it is a major force in reshaping the market, in terms of value perception -thus shifting demands- and in reshaping the way the offer is created. Both of these factors are clearly affecting the workforce in volume, in quality (skills) and in the way of work.
As shown in the graphic, created by McKinsey, over the next ten years we will have a significant change in jobs demand, depending on the geography and even more by the sector.
With the exception of China and India (that have a strong -emerging- internal market) and that are expecting a growth of jobs over the whole landscape, the other geographical areas, to different degrees, are expecting a growth of jobs in the areas of (in the expected ranking of growth)
– Health aides, care workers
– STEM professionals
– Health professionals
– Business/legal professionals
– Creatives and arts management
– Transportation serviceson the other hand, the expectation is in a decrease of jobs (in order of lower to greater decrease):
– Community services
– Mechanical installation and repair
– Customer service and sales
– Food services
– Production and warehousing
– Office support
If you remember previous forecasts on jobs demand you’ll notice that with the possible exception of Healthcare the differences are not significant in the post-Covid scenario. This s is not surprising in a 2030 horizon since the shift is driven by the DX, the Covid may just accelerate it in some sectors, like the sudden increase in on-line shopping that has increased the pressure on mom-and-pop stores and on malls.
The expectation is an ever increasing automation and support in working activities coming from the use of artificial intelligence. The shift of many activities to the cyberspace requires increased skills and knowledge to operate in that space and in turns these operations create data that are fuelling AI algorithms thus further increasing its role in work activities.
STEM curricula are becoming even more essential in tomorrow’s workforce and continuous education is becoming a must both form companies and for individuals that are seeing their competitive value on the work market shrinking at a time when the market itself is shrinking thus requiring individual workers to look for new employment opportunities.
The cooperation between workers and machines will keep increasing also in quality: it is no longer about “operating” a machine, rather about merging competences with cross learning.
- Way of working
This is the point that has been addressed by the FTI’s report and I will discuss that in the next post.