Economy Profile Working Age Population (Millions) 1 / 2 Korea, Republic of 40.6 Trend outlook Global trends and their impact on job creation Technologies and their impact on job creation Trends most most likely to drive industry transformation and their expected impact job creation, ordered by net Technologies most most likely to drive industry transformation and their expected impact job creation, ordered effect (share of organizations surveyed) by net effect (share of organizations surveyed) Job creator Job displacer Net effect Global net effect Job creator Job displacer Net effect Global net effect Investments to facilitate the green transition of your business Environmental management technologies (e.g. pollution abatement, recycling) -100% +100% -100% +100% 72% 70% Increased adoption of new and frontier technologies Big-data analytics -100% +100% -100% +100% 68% 67% Broadening digital access Internet of things and connected devices -100% +100% -100% +100% 55% 50% Broader application of Environmental, Social and Governance (ESG) standards Encryption and cybersecurity -100% +100% -100% +100% 50% 48% Climate-change induced investments into adapting operations Digital platforms and apps -100% +100% -100% +100% 43% 45% Ageing populations in advanced and emerging economies Education and workforce development technologies -100% +100% -100% +100% 28% 35% Consumers becoming more vocal on environmental issues Artificial intelligence (e.g. machine learning, neural networks) -100% +100% -100% +100% 25% 29% Supply shortages and/or rising cost of inputs for your business Cloud computing -100% +100% -100% +100% 16% 27% Role outlook Contextual indicators Churn in five years INDICATORS 0% 100% 23% Five-year structural labour-force churn (percent) Global 23% Labour force participation 68% Key roles for business transformation Roles most selected by organizations surveyed (as either growing, stable or declining), ordered by net role Vulnerable employment 19% growth, and their net growth and structural churn (percent) Share of youth not in employment, education, or NET GROWTH ECONOMY GLOBAL NA ROLES -50% 0 50% CHURN CHURN training (NEET) Unemployment rate 3% 26% 25% Project Managers Unemployment rate among workers with basic 3% edu. 17% 24% Business Development Professionals Unemployment rate among workers with 3% advanced edu. 14% 21% Sales and Marketing Professionals Secondary Education Attainment NA 12% 32% Digital Transformation Specialists Tertiary Education Attainment NA Business Services and Administration 30% 22% Ease of finding skilled employees in local labour market Managers 4.98 1=Companies cannot easily find skilled employees, 7=Companies can easily find skilled employees 20% 9% Chemical Processing Plant Operators Fill vacancies by hiring foreign labour 3.98 1=Companies cannot fill vacancies by hiring foreign labour, 7=Companies can fill vacancies by hiring foreign labour 22% 14% General and Operations Managers Country investment in mid-career training 4.23 1=Government does not invest in mid-career training, 7=Government invests in mid-career training 12% 18% Product Managers Workers' Rights Index 5 4% 19% Accountants and Auditors 5+=No guarantee of rights due to the breakdown of the rule of law, 1=Sporadic violations of rights Level of National Compliance with Labour Rights 19% 35% Administrative and Executive Secretaries NA 10=The worst possible score, lower levels of compliance, 0=The best possible score, higher levels of compliance 44% 17% Assembly and Factory Workers 60% 42% Data Entry Clerks
The Future of Jobs Report 2023 Page 135 Page 137