WEF Report: Farm Workers and Drivers to Lead Job Growth by 2030

Why in the News?

  • The World Economic Forum (WEF) released its Future of Jobs Report 2025, predicting significant job trends by 2030.
  • It forecasts 170 million new jobs will be created globally, while 92 million jobs will be displaced, resulting in a net addition of 78 million jobs.
  • The report emphasizes technological advancements, demographic shifts, and geo-economic tensions as major disruptors.

WEF Report: Farm Workers and Drivers to Lead Job Growth by 2030

Key Findings of the Report

  • Job Growth: Roles like farm workers, delivery drivers, and construction workers will see the fastest growth by 2030.
  • Declining Jobs: Cashiers, ticket clerks, and administrative assistants will experience the largest decline.
  • Skill Transformation: Nearly 40% of job skills are set to change, with AI, big data, and cybersecurity witnessing rapid demand growth.

Impact on Industries

  • Frontline roles in sectors like care and education will see the highest job growth.
  • Technological advancements in AI, robotics, and renewable energy will boost demand for specialist roles while displacing others like graphic designers.
  • Over 50% of employers plan to adopt AI, with 77% focusing on upskilling their workforce.

Significance of the Trends

  • Combining Skills: A balance between technological expertise and human skills (creativity, resilience, flexibility) will be critical.
  • Job Disruption: Advances in AI and automation could lead to job reductions but create opportunities for innovation and transformation.
  • The findings underscore the need for proactive upskilling and reskilling to navigate the evolving job market effectively.

Sources Referred:

PIB, The Hindu, Indian Express, Hindustan Times