Economy Profile Working Age Population (Millions) 1 / 2 Taiwan, China 17.6 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 Broadening digital access Big-data analytics -100% +100% -100% +100% 68% 79% Climate-change induced investments into adapting operations Digital platforms and apps -100% +100% -100% +100% 67% 63% Investments to facilitate the green transition of your business Climate-change mitigation technology (Alternative Energy, Greenhouse gases … -100% +100% -100% +100% 59% 53% Broader application of Environmental, Social and Governance (ESG) standards Cloud computing -100% +100% -100% +100% 55% 50% Increased adoption of new and frontier technologies Environmental management technologies (e.g. pollution abatement, recycling) -100% +100% -100% +100% 55% 50% Consumers becoming more vocal on environmental issues Artificial intelligence (e.g. machine learning, neural networks) -100% +100% -100% +100% 22% 47% Supply shortages and/or rising cost of inputs for your business Internet of things and connected devices -100% +100% -100% +100% -23% 47% Slower global economic growth Augmented and virtual reality -100% +100% -100% +100% -44% 44% Role outlook Contextual indicators Churn in five years INDICATORS 0% 100% 15% Five-year structural labour-force churn (percent) Global 23% Labour force participation 63% Key roles for business transformation Roles most selected by organizations surveyed (as either growing, stable or declining), ordered by net role Vulnerable employment NA 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% 18% 40% AI and Machine Learning Specialists Unemployment rate among workers with basic NA edu. 8% 13% Electrotechnology Engineers Unemployment rate among workers with NA advanced edu. 28% 20% Supply Chain and Logistics Specialists Secondary Education Attainment NA 21% 14% General and Operations Managers Tertiary Education Attainment NA 12% 17% Assembly and Factory Workers Ease of finding skilled employees in local labour market 5.19 1=Companies cannot easily find skilled employees, 7=Companies can easily find skilled employees 16% 35% Administrative and Executive Secretaries Fill vacancies by hiring foreign labour 4.56 1=Companies cannot fill vacancies by hiring foreign labour, 7=Companies can fill vacancies by hiring foreign labour 28% 42% Data Entry Clerks Country investment in mid-career training 4.88 1=Government does not invest in mid-career training, 7=Government invests in mid-career training Workers' Rights Index 2 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 NA 10=The worst possible score, lower levels of compliance, 0=The best possible score, higher levels of compliance
The Future of Jobs Report 2023 Page 169 Page 171