The World Economic Forum’s Future of Jobs Report 2023 lists the job roles likely to see the largest cuts globally in the next 5 years. Low-end and repetitive jobs are most at risk. We take a look at the jobs at risk:
May 3, 2023
By: Anagh Pal
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Job loss: About 8 million With the rising use of technology, many companies are using software and tools to automate their data entry tasks. This reduces the need for human intervention and decreases the demand for traditional data entry jobs.
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Job loss: About 6 million With digital tools and communication platforms, tasks such as managing calendars, scheduling appointments and organising files can be automated. The rise of virtual assistants may further reduce demand for these jobs.
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Job loss: About 4.9 million Software programs can now perform tasks such as data entry, account reconciliation, and payroll calculations with a high degree of accuracy, thus automating such jobs.
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Job loss: About 3 million Technological advancements such as AI-based surveillance systems, drones, and automated security systems can enhance the efficiency and accuracy of security operations and lead to job loss.
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Job loss: About 2.6 million Advancements in technology and robotics, e.g. cleaning robots that can vacuum floors or mop up spills are likely to impact the demand for these jobs in the future.
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Job loss: About 2.4 million Advancements in technology, such as self-checkout systems, mobile payment options, and online ticket sales, could potentially impact the demand for cashiers and ticket clerks going ahead.
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Job loss: About 2 million Such jobs are at risk due to advancements in technology, specifically automation, and the use of inventory management software that can potentially streamline the inventory process.
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Job loss: About 1.8 million As technology continues to advance, many of the repetitive tasks and manual labour that were traditionally done by human workers can now be done by machines, thus replacing manufacturing and assembly-line jobs.
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Job loss: About 1.8 million Advancements in technology, such as the growth of electronic communication and package delivery, have decreased the demand for traditional postal services workers.
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Job loss: About 1.25 million With the growth of online and mobile banking, and with banks adopting automated systems for tasks such as cash handling, account management, and customer service, the need for human tellers will reduce.
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