Hence, for the future jobseeker, it is going to be important to upskill herself to stay competitive in the future jobs market.
There is a growing fear amidst the working
class over the impending fourth industrial revolution, and why not? There are
robots running around in warehouses shipping products independently; drones
that have started to deliver packages on their own, and are now prepared to
carry human passengers! These apprehensions have gripped people. While it may
have divided opinions and left people in a Human-Machine dilemma – leaving them
wondering if jobs will become obsolete or not – it is important to look at
facts to de-clutter the clouds of fear.
A McKinsey Global Institute report released
in January last year looked at the potential of automation of work activities,
and while it is true that there are activities within an occupation which can
be automated, there is not a single occupation which can be 100% automated (95%
is the maximum automation potential in predictable physical work related to
food preparation and serving). As a matter of fact, there is only one job that
has been lost to automation since 1950. It is the job of the elevator operator,
as James Bessen points out in his working paper “How Computer Automation
Affects Occupations: Technology, Jobs, and Skills.” There are certain jobs which
will be completely safe, and certain new jobs will be created.
The US
Bureau of Labor Statistics predicts that 11.5 million jobs will be created in
the U.S. by 2026, which is actually an accelerated growth rate in terms of job
creation when you compare it with the last decade. Even though such hard data
is not available for India, it is likely that the country will follow global
trends. The type of jobs though will evolve. New roles will emerge which are
more attuned to the changing landscape.
In the fall of 2017, LinkedIn came out with
its Emerging Jobs Report 2017. The report listed the emerging roles and skills
which will be relevant in the future; the kind of roles and skills which will
make up a large proportion of the 11.5 million jobs to be created in the next
eight years.
What are the emerging jobs from 2017?
LinkedIn analysed its data of the last five
years to find the up and coming roles to understand what “skills are needed to
succeed.” The top 20 emerging jobs, based on LinkedIn’s data go as follows:
1. Machine
learning engineer
2. Data
scientist
3. Sales
development representative
4. Customer
success manager
5. Big
data developer
6. Full
stack engineer
7. Unity
developer
8. Director
of data science
9. Brand
partner
10. Full
stack developer
11. Personal
loan consultant
12. Brand
activation manager
13. Head
of partnerships
14. Barre
instructor
15. Licensed
realtor
16. Guest
experience associate
17. Assurance
staff
18. Marketing
content manager
19. Site
reliability engineer
20. Head
of customer experience
What do the emerging jobs say about the future jobs market?
The emerging jobs report and its consequent
trends indicate a few things about the future jobs market. Things such as:
Technology jobs will dominate and continue to
emerge, albeit in a new avatarAlmost 20 of the fastest-growing jobs have
technology at their core, according to the report. As a matter of fact, the top
two emerging jobs are that of a machine learning engineer and a data scientist,
making three of the top five emerging jobs to be of technical nature.
The people who hold these emerging jobs today
have all upgraded their skills to stay relevant and in-demand in the job
market. All the top technology-related professionals have been software
engineers at some stage in their careers. They have all mobilized their skills
to become machine learning engineers, data scientists, and big data developers.
This underscores the importance of skill mobility, and how the people who do it
stay ahead of the curve. To understand the importance of reskilling, consider
this example. Data scientist jobs have grown over 650% since 2012, and machine
learning engineers at 980%. There are 1600 open roles in the U.S., but only
35,000 in the U.S. have data science skills.
Soft skills are of perennial importance
Not all the top 20 emerging jobs are
technical in nature. Jobs like customer success manager, sales development
representative require a range of soft skills to succeed. Soft skills such as
communication and management “underpin all these emerging jobs.” The Emerging
Jobs Report analyzed the skills that were strongly represented among the top 20
emerging jobs. Soft skills were ubiquitously important across the 20 jobs. Of
course, the technical jobs require expertise in their respective fields, but
that expertise has to be accompanied by a set of soft skills, such as
management, communication, sales, marketing, etc.
Specialist roles on the decline
The report noted certain specialist roles to
be on the decline. “From specialized developer roles to legal specialists, and
even specialized logistics roles, we are seeing these roles be replaced in
favour of more comprehensive skill sets and job titles,” said the report.
The last 70 years have seen the complete automation of
just one job. The same may or may not be true for the upcoming 70. But what is
true is that the nature of jobs will change as technologies around us advance
and businesses embrace them. Hence, for the future jobseeker, it is going to be
important to upskill herself to stay competitive in the future jobs market.