The ability to make sound judgement calls and the knack for strong decision-making skills is forecast to move up the list to nab the seventh spot by 2020. Technological progress (robotics, artificial intelligence, 3D printing, genetics and biotechnology) and changing consumer tastes are driving product innovation, rendering some skills obsolete and increasing the market value of others. For many years Cedefop has carried out the European skills forecasts [3], a wide-scale exercise that projects the evolution of skill demand and supply in EU economies, assuming that past labour market trends and various assumptions regarding GDP and productivity growth are realised. December 2, 2020. Receive a monthly email summary of recently published Skills Panorama blog articles. As a result of these structural trends, there should be a clear rise in the demand for individuals in managerial and professional occupations (e.g. Evidence from Cedefop’s European skills and jobs survey, European sectoral trends: the next decade, Over-qualification and skills mismatch in the graduate labour market, European Centre for the Development of Vocational Training (Cedefop), Refugees easing Covid-19 skills shortages: lessons for the future. The Linear Motion System Market is expected to grow at a CAGR of 5.3% over the forecast period of 2020 to 2025. Find out more about the difference between hard and soft skills. Start getting a whole lot more comfortable with data. Because we’re far better at social interaction and negotiations than robots are (for the time being, anyway). Without making a connection between life and math, children can become confused about the information provided in a classroom. But what the above analysis does not capture is changes in future skill demand taking place within occupational groups. By contrast, tasks that comprise mostly of interactive or social services as well as problem-solving and innovative thinking are less vulnerable. Emotional intelligence literally informs every interaction we have. Being a great manager has a lot to do with emotional intelligence, knowing how to delegate, and developing your own management style. In the UK, for instance, several occupations (senior- and lower-level public administrators and leisure and travel service occupations, such as travel agents, leisure assistants and air and rail travel assistants) have seen falling levels of influence and discretion over time. On current trends the proportion of 30-34 year olds with high-level qualifications will remain stable at … This is the reality of our future, and the future is almost here! But being human also means that we get sick, we get demotivated, and we get distracted. Positive or negative employment growth is derived on the basis of Cedefop’s skills forecasts. The COVID-19 pandemic-induced lockdowns and related global recession of 2020 have created a highly uncertain outlook for the labor market and accelerated the arrival of the future of work. This isn’t surprising considering the sheer volume of data that organisations can now amass, and the growing need for employees who can sift through the numbers, find actionable insights, and use big data to inform business strategy and decisions. NB: Average importance (0 Not important at all-1 Essential) of a set of skills in (2-digit) occupational groups as derived by the Cedefop European skills and jobs survey; the estimated risk of automation is based on Frey and Osborne (2013). By contrast, the job types projected to experience limited labour substitution (hence strong employment growth) are those characterised by high levels of cognitive skills, (advanced) digital skills, communication skills as well as planning skills. Perhaps the best forecast of all therefore seems to be that you should stop wondering what are the skills of the future and start asking yourself ‘what skills should I acquire so that I decrease the chances of a robot becoming the boss of me?’. Economic and gender equality: are skills systems the answer. The more limber you are, the easier it becomes to see new patterns, and to make unique associations between ideas. Let’s see what arsenal of skills the future demands of us! data analysts, software and applications developers) and engineering as well as health care providers. A relatively transparent picture therefore emerges as to the most important skills in the future, giving clear indications as the desirable direction of our education and training policies. Once you have these two things, you’ll want to make Excel your best friend, learn how to manipulate the data and mine it for all it’s worth! It sheds new light on the concept of having a ‘nimble’ mind! [5] CIPD, (2015), Over-qualification and skills mismatch in the graduate labour market, Policy report. Many argue that we should not underestimate that new technologies can actually foster deskilling of work. ‘Human interaction in the workplace involves team production, with workers playing off of each other’s strengths and adapting flexibly to changing circumstances,’ the WEF report explains. A majority of job growth is expected to be concentrated in business services (in particular the ICT sector, real estate and professional and scientific services), as well as in some non-marketed services (e.g. But we need not make policy decisions regarding our future education and training investments in the dark – we can make some informed and educated guesses, relying on and learning from historical trends based on relevant data sources. To determine the most sought-after IT skills of the year, we analyzed the most popular Global Knowledge training courses, as well as the following data gathered from over 9,000 IT professionals from the upcoming 2020 IT Skills and Salary Report:. While some of these skills, such as empathy, are innate, others, such as advanced communication, can be honed and taught. So strap yourself into the Delorean and rev up that flux capacitor. Hard skills are the qualifications required to do the job. The extent to which technological revolutions will continue replacing specific jobs (including white-collar jobs) or creating new complementary opportunities in the future will therefore depend on the nature of the tasks required to perform them. Although many data sources and anecdotal evidence would lead us to expect that in the future there will be skills upgrading in most occupations, the jury is still out. Often, employers pay special attention to the skills section of your resume to determine if you should move on to the next step of the hiring process. You can also point to your skills in the job description. Analytical thinking can help you investigate complex issues, make decisions and develop solutions—and you likely already possess many analytical skills that employers value. So as we look towards the future, it raises the question — what skills will we need to thrive in this brave new world? The problem with the creative process is its inherent ‘non-process’ nature. -Learning & Innovation Skills -Information, Media & Technology Skills These are your people skills—interpersonal skills, communication skills, and other qualities that enable you to be successful in the workplace. If you’ve got the soul of a creative, but your eyes glaze over when you hear words like ‘financial markets’ or ‘the economy’, make it your mission to read The Economist or The American Economic Review. So arm yourself with these 10 skills to future-proof your career. The projections present a consistent picture of likely trends across Europe, providing results for all … To find out how to become a better negotiator, here are five things great negotiators always do. Cognitive flexibility is all about being a mental gymnast. Association Between Surgeon Technical Skills and Patient Outcomes JAMA Surg. The overwhelming response from HR officers and company strategists was that when it comes to desirable skillsets, ‘overall, social skills—such as persuasion, emotional intelligence and teaching others — will be in higher demand across industries’ of the future. Getting a grip on service orientation involves stepping into the minds of users and thinking about what they value, fear, and dislike; and developing new products or adapting services to future proof your company or brand. I wanted to make the reading challenge more relevant, since it is such a big time commitment. She values creativity above all else and admires people who pursue their career dreams, no matter the sacrifice. As the World Economic Forum senior writer, Alex Gray explains, ‘With the avalanche of new products, new technologies and new ways of working, employees are going to have to become more creative in order to benefit from these changes.’, ‘Robots may help us get to where we want to be faster, but they can’t be as creative as humans (yet).’. So how do you acquire this holy grail of all skills? The Cedefop model does not tell us what the future will be, it provides a mirror image of what our future is likely to look like if our job markets continue on the same path they have been treading in the past. Self-driving cars, artificial intelligence, quantum computing — these are no longer the fantasies of sci-fi authors or Hollywood directors. In aggregate, between 2016 and 2030, demand for social and emotional skills will grow across all industries by 26 percent in the United States and by 22 percent in Europe. It is therefore clear that the future EU labour market will be one that relies heavily on individuals in possession of high qualifications and skills. BOSTON, Dec. 15, 2020 /PRNewswire/ -- Reducing the mismatch between the skills a workforce possesses and the tasks that it needs to perform is critical to increasing overall productivity. By surveying the chief HR officers at some of the world’s leading companies, the World Economic Forum has released The Future of Jobs report revealing the top 10 skills you’ll need by 2020. Tasks that can be easily codifiable or automated are more susceptible to technological dislocation. Expand your interests, read outside your comfort zone, and embrace people who challenge your worldviews. BOSTON, Dec. 15, 2020 /PRNewswire/ -- Reducing the mismatch between the skills a workforce possesses and the tasks that it needs to perform is critical to … According to Cedefop’s forecasts, by 2020, around 42 % of 30 to 34 year olds will have high level qualifications, just above the EU’s educational attainment benchmark of 40% by 2020. The ability to make sound judgement calls and the knack for strong decision-making skills is forecast to move up the list to nab the seventh spot by 2020. different by 2020. • Often this skills instability stems from the fact that many jobs in the region are becoming more intense in their use of digital technologies. In her spare time, she binges on HBO shows and epic fantasy novels. There is simply no one way to creatively problem-solve something. While IBM’s supercomputer Watson and its legal-savvy companion ROSS are giving humans a run for their money in the critical thinking department, organisations in 2020 will see critical thinkers as highly employable, and a welcome addition to any team. So it’s vital that in the future, managers and team leaders know how to motivate their teams, maximise their productivity and respond to their needs. Being a critical thinker will still be a valued skillset in the next four years, according to the survey. The Future of Jobs Employment, Skills and Workforce Strategy for the Fourth Industrial Revolution, Skills, qualifications and jobs in the EU: the making of a perfect match? Even people in purely technical occupations will soon be expected to show greater interpersonal skills, and being able to negotiate with your colleagues, managers, clients and teams will be high up on the list of desirable skills. The article, “10 skills you need to thrive tomorrow – and the universities that will help you get them” is very timely because I am revamping the Read the World Extreme Reading Challenge. 5 Pioneering Skills You’ll Need By 2025. For instance, if you're applying for a job where you need legal knowledge and the ability to communicate with clients successfully, you can include similar experience in job descriptions. NB: Ranking of occupations based on an index of skills stability, derived as the share of EU adult employees who experienced changes to the technologies (machinery, ICT systems) they used in the past 5 years and expect that their skills have a high likelihood of becoming outdated in the next 5 years. So what do we learn from the latest 2016 Cedefop projections? According to some studies, problem-solving skills can be improved by playing a lot of video games! business and financial operations) as well as occupations closely linked to science (e.g. The earning potential for these roles is also promising. Creativity is predicted to become a key skill in the future, so before you dismiss yourself as a ‘non-creative’ person, remember that creativity is not the exclusive domain of artsy types like musicians and writers. education, health and social services). This website, as well as the publications and online tools accessible via this website, may contain UK data and analysis based on research conducted before the United Kingdom’s exit from the European Union on 31 January 2020. As our world and the workforce continue to rapidly evolve, it’s clear that we all need to develop alongside it if we’re going to keep apace with the changes. [2] Not surprisingly, professionals and technicians in the rapidly changing ICT, health, electronics and professional and scientific services sectors are more likely to be susceptible to changing skills profiles required for their jobs, as opposed to other lower- or medium-skilled occupations typically involving less technologically-exposed tasks. Topping the list as the most desired skill to have by 2020 is complex problem-solving ability — defined by the report as the capacity ‘to solve novel, ill-defined problems in complex, real-world settings.’. Rather than a list of specific domain skills that will be in the greatest demand on our journey to 2025, I believe that those skills are in fact the willingness to accept and embrace change, being adaptive to new workplace structures that combine internal and external resources and a commitment to acquiring new knowledge. 2021-2025 Outlook The table below outlines the headline impact that each scenario Strict and widespread lockdown would have on construction output and workforce. The World Economic Forum’s Future of Jobs Report provides the insights needed to orient labor markets and workers towards opportunity today and in the future of work. Having strong complex problem-solving skills is about being able to see the big picture, zero in on minute details, and move things around to make a difference. active learning, ICT literacy) as well as high levels of cross-functional skills (social skills, complex problem-solving, resource-management). right type of skills to successfully navigate through an ever-changing, technology-rich work environment, and give all workers the opportunity to continuously maintain their skills, upskill and/or reskill throughout their working lives. Skills Comparison Chart AASL Standards for the 21st-Century Learner Partnership for 21st-Century Skills National Education Technology Standards and Performance Indicators for Students 1. How can you improve your decision-making skills immediately? Now, don’t worry! — cognitive flexibility is how quickly (and easily) you can swing, leap and twirl back and forth between different systems of thought. Copyright © CEDEFOP 2020 https://www.cedefop.europa.eu/ All rights reserved. If you’re able to connect the dots with seemingly disparate information, and throw all the ideas together to present something ‘new’, then you are a creative person. Viv is a writer who enjoys researching and writing about creativity, how the human mind works, and neuro processes. 7 Skills Managers Will Need In 2025 As you plan your management career years from now, here are the skills you’ll need to succeed. The think tank extracted the top 10 employability skills from its Future of Jobs research study. Analytical skills are in demand in many industries and are listed as a requirement in many job descriptions. Industry 4.0 will be marked by lightning-speed advancements and mind-boggling change as it brings together advances in digital, physical and biological technologies. Online ahead of print. In saying that, there are ways to unleash the creative within you by exercising curiosity and self-expression on a regular basis. Defined as the ability to ‘actively loo[k] for ways to help people,’ having strong service orientation skills is all about shining a spotlight on consumers, and anticipating what their needs will be in the future. But this is not the end of the story. EU averages or other statistical parameters including the UK reflect the situation in the European Union before 31 January 2020 and should not be considered as representative of the situation in the EU thereafter. If you think of your brain as a gymnast’s floor, and imagine all the different apparatuses (e.g. The skills section of your resume shows employers you have the abilities required to succeed in the role. Average ICT intensity of jobs in South Africa increased by 26% over the last decade, while 6.7% of all … Some other things you can do include giving yourself time to let your thoughts wander (this is why some of our best ideas come to us in the shower! Adding and subtracting. Figure 1 further highlights some broad occupational groups that are likely to have stable or unstable skills profiles, according to Cedefop’s own European skills and jobs survey. Incorporate Skills Into Your Resume: On your resume, include a skills section that lists out relevant skills. Most pursued IT certifications [4]. Data analysts earn an annual salary between $83,750 and $142,500 per year, according to the Robert Half Technology (RHT) 2020 Salary Guide. This page will be updated soon to include the tuition and fees deduction that has been extended to cover qualified education expenses paid in 2018, 2019 and 2020. © Career FAQs 2021 | Privacy Policy | Terms of Use, The 10 Skills You’ll Need By 2020 (And Beyond), How to become a registered nurse in Australia: careers in nursing, Industries earmarked to revolutionise the future, give your EQ (emotional quotient) a boost, there are ways to unleash the creative within, strategies to become a more critical thinker, problem-solving skills can be improved by playing a lot of video games. And indeed, it is hard to predict the skills of the future since we are at the cusp of the 4th Industrial Revolution, so the skills that economies will need are changing rapidly in many industries and workplaces. Recent data from the Cedefop European skills and jobs survey (Figure 2), which pictured the profiles of skill needs of occupations in EU job markets, has highlighted that the job types most threatened by automation are those reliant on physical or manual skills, numerical skills as well as customer service skills. At the same time demographic, socioeconomic forces and other drivers are shaping the available skill supply and demand in our economies. Skills Panorama is brought to you by the European Commision, Directorate-General for Employment, Social Affairs and Inclusion and powered by Cedefop, the European Centre for the Develeopment of Vocational Training. Coordinating with others involves strong communication skills, an awareness of other people’s strengths and weaknesses, and being able to work with a range of different personalities. Overall, social skills— such as persuasion, emotional intelligence and teaching others—will be in higher demand across industries than [4] Cedefop, (2016), European sectoral trends: the next decade, Thessaloniki. The Atlantic has published a report highlighting the six most crucial features driving the labor opportunity market of 2025. Dublin, Dec. 30, 2020 (GLOBE NEWSWIRE) -- The "Linear Motion System Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The issue of what are the jobs and skills that will be needed in the future economy is a million-dollar question. While technical skills will always be important, personal skills, or soft skills, have become the most sought-after skills in employment today. First, figure out what questions or problems you want to answer, then set aside time to explore new data tools and technologies that can help you collect this information. the rings, parallel bars, and balance beam) as the different ways of thinking (e.g. With robots infiltrating the workforce and job automation flagged to become increasingly commonplace, social skills will be more important than ever in the future. But you might need a roadmap! Irrespective of how many jobs get automated and how advanced artificial intelligence becomes, employees will always be a company’s most prized resource. Collaboration is crucial in any work environment and this is something that thankfully humans are still better at than robots! The European Commision ensures the strategic steering to the Skills panorama, in line with EU policy objectives while Cedefop is responsible for the technical development of the site and the provision of data and information. The World Economic Forum says we’re on the cusp of the Fourth Industrial Revolution (or Industry 4.0), and you don’t need to have seen Ridley Scott’s Blade Runner or Steven Spielberg’s A.I Artificial Intelligence to know that this next one is going to change everything. Try these strategies to become a more critical thinker. [Photo: Oli Kellett/Getty Images] As Bradberry explains in an article for Forbes, ‘It affects how we manage behaviour, navigate social complexities, and make personal decisions that achieve positive results.’. A recent World Economic Forum report on the Future of jobs [1], for instance, cites one popular estimate, namely that 65% of children entering primary school today will ultimately end up working in jobs that do not yet exist as of today. Solely on the basis of anticipated structural employment shifts underlying EU job markets, future economies will increasingly require individuals in possession of strong cognitive abilities and attitudes (e.g. The intensity of the above-mentioned trends varies markedly between different EU countries and sectors. Any data or information pertaining to the UK will be gradually phased out from Cedefop’s website, publications and online tools, as ongoing research projects with the United Kingdom’s participation are concluded. × Select any of the following social sharing services to share the page with. It’s something that gets honed over time, and is built on a strong foundation of critical and lateral thinking.Â. From the supply-side EU economies are also expected to enjoy the dividends of their strong investment in more educated workforces. By learning new things and in particular, learning new ways of thinking. There are several differences and some similarities between the American Opportunity Tax Credit (AOTC), the Lifetime Learning Credit (LLC) and the deduction for tuition and fees. The answer is: logic and reasoning. ‘Such non-routine interaction is at the heart of the human advantage over machines.’. [1] World Economic Forum, (2016), The Future of Jobs Employment, Skills and Workforce Strategy for the Fourth Industrial Revolution, Geneva, [2] Cedefop, (2016), Skills, qualifications and jobs in the EU: the making of a perfect match? On average, by 2020, more than a third of the desired core skill sets of most occupations will be comprised of skills that are not yet considered crucial to the job today, according to our respondents. But which are the skills associated with jobs that have a low automation risk (and thus favourable employment prospects) and which are linked to jobs susceptible to labour substitution by technological advancements? For example, computer skills, administrative skills, or customer service skills. As the WEF report points out, businesses in the energy, financial services and IT industries are ‘increasingly finding themselves confronted with new consumer concerns about issues such as carbon footprints, food safety, labour standards and privacy.’, From a skills perspective this means that businesses ‘will need to learn to more quickly anticipate these new consumer values, to translate them into product offerings and to become ever more knowledgeable about the processes involved in meeting these demands.’. In a nutshell, it’s about having the mental elasticity to solve problems we’ve never seen before, and being able to solve them in a landscape that’s changing at breakneck speed and getting more complex by the minute! Thankfully this is not a skill that anyone is born with. Fig 2 Risk of automation, future job growth and importance of skills in occupations, 2014, EU28, (a) Occupations shielded from the risk of automation require higher cognitive skill levels and involve fewer routine tasks…, (b)…and jobs projected to grow in employment between 2015-2025 are mostly reliant on higher skills. But what does critical thinking actually involve? If you’re ‘not a creative type’, make it a point to learn an instrument, take up hip-hop dancing or try your hand at an art class. The baseline scenario presents the ‘most likely to happen’ future for skills supply and demand in Europe up to 2025. Human beings are more creative, better at reading each other, and able to piggyback off each other’s ideas and energy. 7 Skills Managers Will Need In 2025 As you plan your management career years from now, here are the skills you’ll need to succeed. Skills are measured by occupations and by formal level of qualifications. Source: Cedefop European skills and jobs survey (available here). 2020 Aug 19;155(10):960-968. doi: 10.1001/jamasurg.2020.3007. Your career (and your brain) will thank you for it. Base-case Mid-case Worst-case 2020 2025 Output Workforce Output Workforce Base-case £130.1bn 2,436,000 £168.9bn 2,717,000 Mid-case £128.3bn 2,405,000 £164.3bn 2,663,000 Zoom into the future. So how do we flex our cognitive muscles? the creative brain, mathematical brain, critical thinking brain etc.) The issue of what are the jobs and skills that will be needed in the future economy is a million-dollar question. While early childhood education should introduce the concepts before the skills, teachers can begin the basics of adding and subtracting before children move into elementary school. Furthermore, in the recent past employment growth has also been positive for some low- or middle-skilled occupations (such as cleaners and helpers, assemblers, sales workers) and has declined for many middle-skill jobs (e.g. Figure 1: Degree of (recent and anticipated) change in skill profiles across jobs, 2014, EU28. Skills and ICT (information and communications technology) usage share a positive relationship, with the higher the skill levels, the higher is the … Critical thinking involves being able to use logic and reasoning to interrogate an issue or problem, consider various solutions to the problem, and weigh up the pros and cons of each approach. As Doc Emmett Brown put it in Back to the Future, ‘Where we’re going, we don’t need roads!’. Robust technical skills are also at the core of the arsenal of futureproof skills that individuals must possess, as nearly half of all EU jobs will have a stable need for such skills in the coming years. clerks, agriculture or metal workers) – fostering the so-called ‘polarisation’ of the EU labour market. Why? According to an article from the World Economic Forum, 35% of the skills that are crucial in today’s workforce will have changed by the year 2020. We surfaced timely data from our network of over 660+ million professionals and 20+ million jobs to reveal the 15 most in-demand soft and hard skills of 2020. Co-author of Emotional Intelligence 2.0, Travis Bradberry explains that emotional intelligence ‘is the other kind of smart.’ It’s that intangible ‘something’ that helps us tune into the kaleidoscope of human emotions, and measures how adept we are at adjusting our behaviour depending on the mood of a colleague, partner, family member, or even our own internal feelings. Career FAQs markets a range of courses from leading Australian tertiary education providers, and receives a commission from them for each prospective student. By comparison, the aforementioned 33 percent growth rate for statistician jobs in the U.S. translates to 13,500 additional openings by 2026. This is, after all, why data analysts are frequently predicted to be a ‘hot’ occupation that will be in high demand in forthcoming decades (now you wish you had not made fun of the geeky statisticians at school or college, right?). Evidence from Cedefop’s European skills and jobs survey, Thessaloniki and Cedefop, Analysing skill mismatch Project, [3] More information about Cedefop forecasts, including the most recent data are available here. It’s a social skill that’s particularly important to managers and leaders, and you’ll be glad to hear that you can give your EQ (emotional quotient) a boost! [5]. Grow The 10 Top Skills That Will Land You High-Paying Jobs by 2020, According to the World Economic Forum They surveyed 350 executives across 9 … This doesn’t mean that you’ll be expected to solve the world’s problems. , artificial intelligence, quantum computing — these are no longer the fantasies of sci-fi authors or Hollywood.... Ways to unleash the creative brain, critical thinking brain etc. the fantasies of sci-fi authors Hollywood! Literacy ) as the different apparatuses ( e.g it is such a big time commitment the! Mind-Boggling change as it brings together advances in digital, physical and biological.. Many jobs get automated and how advanced artificial intelligence and virtual reality. ( social skills, skills. Policy report all else and admires people who challenge your worldviews a whole lot more comfortable with data needed the., think critically and gain knowledge can be improved by playing a of! 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