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6 in 10 workers require training before 2027: WEF’s Future of Jobs Report

In the Indian job market, analytical thinking and creative thinking have been identified as the most important skills for workers in 2023, according to the Future of Jobs 2023 released recently by the World Economic Forum.

The experts found out that jobs in the education industry are expected to grow by about 10 per cent, which can create almost 3 million additional jobs for vocational education teachers and university and higher education teachers.

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Other than jobs in the education sector, AI machine learning specialists and cybersecurity professionals is expected to grow on average by 30 per cent by 2027.

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Additionally, the report states that analytical thinking is considered a core skill by more companies than any other skill and it constitutes, on average, 9 per cent of the core skills reported by companies. “Creative thinking, another cognitive skill, ranks second, ahead of three self-efficacy skills – resilience, flexibility and agility; motivation and self-awareness; and curiosity and lifelong learning – in recognition of the importance of workers ability to adapt to disrupted workplaces. Dependability and attention to detail, ranks sixth, behind technological literacy. The core skills top 10 is completed by two attitudes relating to working with others – empathy and active listening and leadership and social influence – as well as quality control,” the report states.

The report also predicts that six in 10 workers will require training before 2027. However, it also adds that only half of workers are seen to have access to adequate training opportunities today. In this, the highest priority for skills training from 2023-2027 is analytical thinking, which is set to account for 10 per cent of training initiatives, on average, the report states.

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Interestingly, the report also predicted that the majority of companies will prioritise women (79 per cent), youth under 25 (68 per cent) and those with disabilities (51 per cent) as part of their DEI programmes. A minority will prioritise those from a disadvantaged religious, ethnic or racial background (39 per cent), workers over age 55 (36 per cent), those who identify as LGBTQI+ (35 per cent) and those from a low income background (33 per cent).

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