https://en.sputniknews.africa/20230501/employers-to-cut-14mln-workplaces-worldwide-by-2027-1058967288.html
Employers to Cut 14 Million Workplaces Worldwide by 2027, WEF Projects
Employers to Cut 14 Million Workplaces Worldwide by 2027, WEF Projects
Sputnik Africa
Employers across the globe are planning to create 69 million workplaces by 2027, while shutting down 83 million, which would result in a disappearance of 14 million workplaces or 2% of current global employment
2023-05-01T12:30+0200
2023-05-01T12:30+0200
2023-08-03T10:48+0200
employment
artificial intelligence (ai)
world economic forum (wef)
economy
international
https://cdn1.img.sputniknews.africa/img/103830/22/1038302201_0:180:3002:1869_1920x0_80_0_0_4ae9a6a60bc50ce67fec32986756826f.jpg
"Of the 673 million jobs reflected in the dataset in this report, respondents expect structural job growth of 69 million jobs and a decline of 83 million jobs. This corresponds to a net decrease of 14 million jobs, or 2% of current employment," the report read. The report said that the three key drivers of the net job destruction were expected slower economic growth, supply shortages, rising cost of inputs, and the surging living cost for consumers. It added that artificial intelligence was expected to be used by nearly 75% of those surveyed companies and was forecast "to lead to high churn – with 50% of organizations expecting it to create job growth and 25% expecting it to create job losses." The Future of Jobs Report 2023 includes the results of a survey conducted among 803 companies that collectively employ more than 11.3 million workers across 27 industry clusters and 45 economies from all world regions.
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2023
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
employment rate, employers to cut workplaces, situation with the employment in the world, prediction for employment rate
employment rate, employers to cut workplaces, situation with the employment in the world, prediction for employment rate
Employers to Cut 14 Million Workplaces Worldwide by 2027, WEF Projects
12:30 01.05.2023 (Updated: 10:48 03.08.2023) MOSCOW (Sputnik) – Employers across the globe are planning to create 69 million workplaces by 2027, while shutting down 83 million, which would result in a disappearance of 14 million workplaces or 2% of current global employment, a fresh report by the World Economic Forum has showed.
"Of the 673 million jobs reflected in the dataset in this report, respondents expect structural job growth of 69 million jobs and a decline of 83 million jobs. This corresponds to a net decrease of 14 million jobs, or 2% of current employment," the report read.
The report said that the three key drivers of the net job destruction
were expected slower economic growth, supply shortages, rising cost of inputs, and the surging living cost for consumers.
"Employers also recognize that increased geopolitical divisions and the ongoing impact of the COVID-19 pandemic will drive labour-market disruption, with an even split between employers expecting these to have a positive and negative impact on jobs," the document also said.
It added that artificial intelligence
was expected to be used by nearly 75% of those surveyed companies and was forecast "to lead to high churn – with 50% of organizations expecting it to create job growth and 25% expecting it to create job losses."
The Future of Jobs Report 2023 includes the results of a survey conducted among 803 companies that collectively employ more than 11.3 million workers across 27 industry clusters and 45 economies from all world regions.
