The job market is constantly changing, and technology-driven careers are becoming more and more popular.
The COVID-19 pandemic has further hastened this process by altering how we work, imbibe, and reside. In order to survive, businesses have had to change the way they operate. This has necessitated reskilling a huge chunk of their workforce to provide them with in-demand skill sets.
According to the third edition of the World Economic Forum's Future of Jobs Report, which maps the jobs and skills of the future, 50% of all employees will need to reskill by 2025 as the adoption of technology increases.
However, no matter what field you choose, having certain career skills can increase your likelihood of success. In this article, we will review some of the most valuable modern skills to develop to stay in demand for future jobs.
Why is it important to reskill?
The World Economic Forum estimates that by 2025, the adoption of machines may outweigh the human labor and lead to the displacement of 85 million jobs. In turn, about 100 million jobs may emerge, and these new jobs will require even more advanced human interaction with machines and algorithms.
Greater technology adoption will mean a change of skills across the jobs, and skills gaps will continue to be high. Those employees who stay in their roles will also witness the significant change of the core skills for their jobs. So, it is essential for both sides – companies and employees – to set up a mind for the future and start preparation works.
Top 10 Job Skills of the Future
- Data skills: We live in an age of big data and its scope is only set to increase in the years to come, facilitating machine learning and automation. Thus, people equipped with the ability to organise data collection, interpret the results, and make decisions based on these findings will be in high demand. While this will be particularly relevant in professions like business analysis or data science, data literacy will be important across all professions.
- Artificial intelligence (AI): Knowledge of TensorFlow, Python, Java, R, and Natural Language Processing tops the list of the in-demand skills. Employees who can harness the power of AI and machine learning technologies and tools can help organization deliver more relevant, personalized, and innovative products and services.
- Digital Marketing: Despite being considered relatively new, digital marketing has become one of the most in-demand skills presently, and is expected to grow in popularity in the future as well. This demand has mostly been attributed to the global pandemic and the increased internet dependency. Marketing itself has been revolutionized by technology, offering new channels such as social media, affiliate marketing, and digital content. Digital marketers are responsible for steering campaigns to bring in revenue.
- Digital literacy: As technology infiltrates nearly every role, digital literacy is not an option anymore – it’s imperative. Professionals need to embrace overall digital literacy, have hands-on data analysis and statistics within their area of responsibility, and stretch towards computational and algorithmic thinking. Other digital literacy and fluency in-demand skills which will be essential for every role are digital ethics foundations and understanding of digital systems.
- Audio and video production: The ability to record, edit and produce an audio or a video is a valuable modern skill. While mastering these skills typically requires in-depth education, you can learn the basics at home with a camera, a computer, a good microphone and editing softwares. Many professionals use paid applications, but you can also choose from several free programs if you’re just starting.
- Creativity: Creativity is regularly identified as a key skill for the future. Creativity is an umbrella term. Underneath it, comes an array of skills considered necessary for the workplaces of the future- complex problem solving, multidisciplinary thinking, and cognitive flexibility. Education plays a crucial part in fostering creativity – not just when learning at school or university, but throughout our lives, be it through formal learning or life experience.
- Time management: Among other soft skills, time management skills - such as prioritizing, scheduling, task management and delegation - are in high demand. Time management means working efficiently. Companies in every industry look for employees that can make the most of the time available to them on the job. If you can manage your time well, you may find it easier to be more productive and more likely to finish your projects by the deadline. Developing time management skills will help you focus on time-sensitive tasks and reduce wasted time.
- Adaptability: Adaptability means being able to change to achieve success. Adaptability is important because as technology continues to advance, companies that embrace new processes can often stay competitive in their industry. Companies are seeking employees who can show strong adaptability skills and become company leaders. If you are a person who learns quickly, it means you know how to adapt. You can improve your adaptability skills by trying new things or practicing your ability to solve problems in various circumstances.
With the job market constantly changing, one should stay up to date on the top in-demand skills of the market and strive to learn or improve on them.
What’s interesting, the world of work won’t live by digital and technology-related skills alone. Critical thinking, problem-solving, resilience, active learning, and a whole bunch of interpersonal, leadership, and communication skills will be equally essential for the future workforce.