1. Global trends and their impact on job 4. Top roles for industry transformation creation This table provides an overview of the top roles for This bar chart shows the effect on job creation industry transformation from now until 2027. The of the global trends that have been identified by list reports the roles that have been selected most most respondents as driving the transformation often as growing, stable or declining in the next of their organization. It is based on the responses five years by surveyed companies that operate in to the question, “Regarding the macrotrends the respective economy or region, compared with likely or highly likely to drive transformation in your the global average. Net growth is calculated based organization, what is their expected impact on on the respondent-reported role proportion in the job creation in your organization?” of surveyed organization now and in 2027. companies that operate in the respective economy or region, compared with the global average. Net Period: 2022-2023 effect is calculated by the share of respondents Source: World Economic Forum, Future of Jobs who view a trend as a net job creator minus the Survey share of respondents who view a trend as a net job displacer. Period: 2022-2023 5. Contextual indicators: Source: World Economic Forum, Future of Jobs Survey This section provides the reader with the latest available data from contextual indicators on an economy’s labour market. 2. Technologies and their impact on job Working-age population creation The total working age population is displayed in the top right corner of the page. The working-age This bar chart shows the effect on job creation population is the number of people aged 25 and of the technologies that have been identified by over. In addition to using a minimum age threshold, most respondents as likely to be adopted by their certain countries also apply a maximum age limit. organization. It is based on the responses to the question, “Regarding the technologies likely or Period: 2018 or latest available data (accessed highly likely to be adopted in your organization, March 2023) what is their expected impact on job creation in Source: International Labour Organization, ILOSTAT your organization?” of surveyed companies that operate in the respective economy or region, compared with the global average. Net effect is calculated by the share of respondents who view Wage and salaried workers in sectors (millions) a technology as a net job creator, minus the share World Economic Forum’s calculation based on of respondents who view a technology as a net job ILO’s estimates of sectoral employment for 41 displacer. ISIC sectors and on the World Economic Forum’s Industry Taxonomy (see Appendix Table A1). Period: 2022-2023 Wage and salaried workers (employees) are those Source: World Economic Forum, Future of Jobs workers who hold the type of jobs defined as “paid Survey employment jobs,” where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the 3. Churn in five years unit for which they work. This is the five-year structural labour-market Period: 2021 churn of surveyed companies that operate in the Source: World Economic Forum’s calculation respective economy or region. Labour-market churn based on ILO modelled estimates refers to the pace of reallocation of workers and jobs. Structural churn does not take into account the natural churn of workers moving between jobs for personal reasons. For additional details on the Labour-force participation calculation of this indicator, please refer to the The labour-force participation rate is the labour Methodology section. force as a percentage of the working-age population. The labour force is the sum of all Period: 2022-2023 persons of working age who are employed and Source: World Economic Forum, Future of Jobs those who are unemployed. . Survey Period: 2018 or latest available data (accessed March 2023) Source: International Labour Organization, ILOSTAT Future of Jobs Report 2023 89