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Big data experts, fintech engineers, AI and machine learning experts are the top 3 job roles that WEF predicts will grow the fastest by 2030. Postal Service Clerk, Bank Teller and Related Clerks and Data Entry Clerk have found their place in the top 3 declining job roles as per the survey conducted by the forum.
The World Economic Forum (WEF) released a report titled ‘Future of Jobs Report 2025’, which takes a look at the key drivers expected to shape and change the global labor market by 2030.
According to WEF, the Future of Jobs report 2025 brings together the perspective of more than 1,000 leading global employers – collectively representing more than 14 million workers in 22 industry groups and 55 economies around the world.
The report summarizes the macrotrends that will impact jobs and skills, and the workforce transformation strategies employers plan to undertake in response during the 2025 to 2030 time frame.
Also read: Urgent skill upgradation needed to meet 78 million new job opportunities by 2030: WEF report
Fastest growing and declining jobs:
The report mentions that 170 million new jobs will be created and 92 million jobs will be displaced resulting in a net increase of 78 million jobs by 2030.
According to the WEF report, big data experts, fintech engineers, AI and machine learning experts, software and application developers and security management experts are among the top 5 fastest growing jobs. These fastest-growing job roles by 2030, in percentage terms, are driven by technological advances, such as advances in AI and robotics, and increased digital access.
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Postal Service Clerks, Bank Tellers and Related Clerks, Data Entry Clerks, Cashiers and Ticket Clerks and Administrative Assistants and Executive Secretaries are among the top 5 fastest declining jobs. According to the survey, expanding digital access, AI and information processing technologies, and robots and autonomous systems are the primary drivers of this decline. The aging and declining working-age population and slow economic growth also contribute to the decline in clerical roles.
“Farmworkers top the list of most growing job roles over the next five years and are expected to see 35 million more jobs by 2030. Green transition, including increased efforts and investments to reduce carbon emissions and adapt to climate change Trends are the driving forces behind this job growth. Expanding digital access and rising cost of living also contribute to the growth of this job role, which currently numbers more than 200 million workers worldwide. “Employs 100,000 people,” the WEF report said.
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