O c t o b e r 2 The Future of Jobs


 / 2 95% 93% 91% 85% 67% 54% 51% DURATION OF RESKILLING Less than 1 month 18.7%



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WEF Future of Jobs 2020

2 / 2
95%
93%
91%
85%
67%
54%
51%
DURATION OF RESKILLING
Less than 1 month
18.7%
1 to 3 months
18.7%
3 to 6 months
17.7%
6 to 12 months
17%
Over 1 year
28%
The Future of Jobs
118


The Future of Jobs 
October 2020
The Future of Jobs
119
Industry 
Profiles


14%
Average share of workers at risk
of displacement
Expected redeployment
success rate of displaced
workers
41.3%
Average skills
instability among
workforce
43.6%
Technology adoption in industry
Share of companies surveyed
Cloud computing
Internet of things and connected devices
Robots, non-humanoid (industrial automation,
drones, etc.)
E-commerce and digital trade
Big data analytics
Encryption and cyber security
3D and 4D printing and modelling
Artificial intelligence (e.g. machine learning, neural
networks, NLP)
Text, image and voice processing
Power storage and generation
Impact of COVID-19 on companies’ strategy
Share of companies surveyed looking to adopt this strategy as a result of
COVID-19
Provide more opportunities to work remotely
76.9%
Accelerate the digitalization of work processes (e.g. use of digital tools, video
conferencing)
73.1%
Accelerate automation of tasks
57.7%
Temporarily reduce workforce
38.5%
Accelerate ongoing organizational transformations (e.g. restructuring)
38.5%
Emerging skills
Skills identified as being in high demand within their organization, ordered
by frequency
1.
Technology use, monitoring and control
2.
Critical thinking and analysis
3.
Active learning and learning strategies
4.
Leadership and social influence
5.
Analytical thinking and innovation
6.
Reasoning, problem-solving and ideation
7.
Complex problem-solving
8.
Service orientation
9.
Resilience, stress tolerance and flexibility
10.
Technology design and programming
11.
Troubleshooting and user experience
12.
Systems analysis and evaluation
13.
Coordination and time management
14.
Quality control and safety awareness
15.
Attention to detail, trustworthiness

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