Economy Profile Working Age Population (Millions) 1 / 2 Philippines 55.2 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 Broadening digital access Big-data analytics -100% +100% -100% +100% 71% 78% Increased adoption of new and frontier technologies Digital platforms and apps -100% +100% -100% +100% 52% 71% Broader application of Environmental, Social and Governance (ESG) standards E-commerce and digital trade -100% +100% -100% +100% 36% 67% Consumers becoming more vocal on environmental issues Cloud computing -100% +100% -100% +100% 21% 65% Increased geopolitical divisions Encryption and cybersecurity -100% +100% -100% +100% 11% 61% Rising cost of living for consumers Artificial intelligence (e.g. machine learning, neural networks) -100% +100% -100% +100% 6% 53% Slower global economic growth Education and workforce development technologies -100% +100% -100% +100% -5% 50% Consumers becoming more vocal on social issues Internet of things and connected devices -100% +100% -100% +100% -15% 42% Role outlook Contextual indicators Churn in five years INDICATORS 0% 100% 26% Five-year structural labour-force churn (percent) Global 23% Labour force participation 66% Key roles for business transformation Roles most selected by organizations surveyed (as either growing, stable or declining), ordered by net role Vulnerable employment 33% growth, and their net growth and structural churn (percent) Share of youth not in employment, education, or NET GROWTH ECONOMY GLOBAL 17% ROLES -50% 0 50% CHURN CHURN training (NEET) Unemployment rate 3% 34% 40% AI and Machine Learning Specialists Unemployment rate among workers with basic 1% edu. 27% 35% Business Intelligence Analysts Unemployment rate among workers with 2% advanced edu. 20% 21% Sales and Marketing Professionals Secondary Education Attainment 30% 25% 34% Data Analysts and Scientists Tertiary Education Attainment 28% 33% 26% Devops Engineers Ease of finding skilled employees in local labour market 5.07 1=Companies cannot easily find skilled employees, 7=Companies can easily find skilled employees 19% 14% General and Operations Managers Fill vacancies by hiring foreign labour 3.60 1=Companies cannot fill vacancies by hiring foreign labour, 7=Companies can fill vacancies by hiring foreign Business Services and Administration labour 20% 22% Managers Country investment in mid-career training 3.59 Accounting, Bookkeeping and Payroll 1=Government does not invest in mid-career training, 7=Government invests in mid-career training 19% 29% Clerks Workers' Rights Index 5 36% 35% Administrative and Executive Secretaries 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 39% 17% Assembly and Factory Workers 4 10=The worst possible score, lower levels of compliance, 0=The best possible score, higher levels of compliance