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Truthfully, the work landscape keeps changing especially due to technological advancements, social and societal needs, and global trends. For example 10 years ago, careers such as social media influencing, Amazon drone deliveries, and AI Chabot engineers did not exist, yet in the present day they have caused major disruptions and shifts in their industries. All this to say that as the world keeps on evolving, so does the job market and the future of career opportunities that are available to young people.
According to a publication by Business Daily, showed that Kenya, organizations are focused on hiring problem solvers and relationship builders to help them deliver value. Based on the local labor trends, industries such as Information Communication Technology (ICT), software development, digital marketing, healthcare, and e-commerce, show great projections in the near future. Let’s discuss some of the emerging career trends in the labor market that students should watch out for.
1. Digital Transformation. We live in the internet era whereby this digital revolution sweeps across every facet of our lives. Individuals need to understand the power digital transformation holds therefore, there is a growing demand for professionals skilled in the umbrella of technology. These are fields such as data analysis, artificial intelligence, machine learning, cybersecurity, digital marketing, and software development.
2. Hybrid, Remote Work and Freelancing. Companies have embraced the virtual space to keep business going and remote work has accelerated since the Covid-19 pandemic.
3. Decrease in Permanent Jobs. The paradigm shift in the 21st century is remarkable. Gone are the days whereby one has to have a permanent contract to be stable. Today, with part-time, consultancy and contract jobs, you create your stability. This calls for a smart approach to work and finances.
4. Automation and AI. Automation and artificial intelligence are reshaping industries. As a result, many have lost their jobs while there is a demand for others. Routine and repetitive tasks are being automated, while jobs requiring creativity, critical thinking, and emotional intelligence are gaining prominence
5. Green and Sustainable Careers. As society increasingly prioritizes environmental sustainability and the fight against climate change, the need for skilled professionals in various green sectors is on the rise.
6. High growth start-up culture. This culture has been propelled by the saturated job market, necessity, and innovation. Entrepreneurial skills, creativity & innovation, and risk-taking are highly sought after.
7. Gig-Economy and Platform-Based work. The gig economy, characterized by short-term contracts or freelance work, has expanded with the rise of digital platforms..
Data Science and Analytics
According to the 2023, World Economic Forum Future of Jobs Report, more than 75% of companies are looking to adopt big data, cloud computing, and AI feature technologies in the next five years mainly because of the increase of E-commerce and digital trade. Therefore, in the era of big data, organizations are relying heavily on data-driven decision-making processes. The demand for skilled data scientists and analysts is on the rise across various industries. According to the 2023 World Economic Forum Future of Jobs Report, in the next five years, the impact of technology on jobs is expected to be a net positive with professionals in environmental management technologies, encryption, cyber security, digital platforms and apps, e-commerce and digital trade, and AI expected to be the biggest drivers of job growth. Therefore, students with a strong background in mathematics, statistics, and computer science can delve into this field, uncovering actionable insights from vast datasets to drive business strategies.
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2. Sustainability Specialists and Renewable Energy Engineers
As the world grapples with environmental challenges, there is a rising need for professionals dedicated to sustainable development and green environmental conservation. According to the World Economic Forum, Jobs for agricultural professionals, especially Agricultural Equipment Operators, are expected to see an increase of around 30%, leading to an additional 3 million jobs.
Students pursuing degrees in environmental science, renewable energy, environmental consulting, and sustainable development can contribute to creating a greener and more sustainable future.
3. Information Security Analysts
With the rise of technology implementation in all spaces of life, there is a rise in cyber threats, and the demand for cyber security professionals has surged. Organizations are actively seeking individuals skilled in protecting their systems and networks from cyber-attacks. Therefore, students interested in computer science, information technology, or ethical hacking can find a rewarding career in cyber security, ensuring the digital safety of businesses and individuals.
4. AI and Machine Learning Specialists
According to a LinkedIn report, despite increased layoffs in the tech sector, tech jobs continue to be the fastest-growing professions around the globe. With the increasing integration of AI and machine learning in various sectors, there is a growing demand for professionals who can design, develop, and implement these technologies. Students interested in computer science, robotics, and engineering can explore career paths in developing intelligent systems, automation, and innovative applications of AI.
5. Health Informatics and Digital Health
Advancements in healthcare technology are transforming the industry, creating opportunities for those with a blend of medical knowledge and technological expertise. The intersection of healthcare and technology has given rise to health informatics and digital health solutions. Careers in health informatics, telemedicine, and medical software development are emerging as critical components of the healthcare sector. Students interested in healthcare, information technology, and data management can explore careers focused on optimizing healthcare delivery, developing healthcare apps, and managing electronic health records.
6. Block chain Technology
The rise of crypto currencies has brought attention to block chain technology since it has created new economic systems and financial services. Beyond crypto currencies, block chain has applications in various industries, including finance, supply chain, and cyber security. Students with a background in computer science, cryptography, economics, and finance can explore careers such as block chain development, crypto currency analysis, and decentralized finance (DeFi), in developing block chain solutions, contributing to the evolution of the financial industry, and ensuring secure digital transactions.
7. Augmented Reality (AR) and Virtual Reality (VR)
The entertainment industry is not the only sector benefiting from AR and VR technologies. These technologies are increasingly being used in fields like education, healthcare, and architecture. Students with an interest in computer graphics, user experience design, and software development can explore innovative applications in AR and VR.
In the same breath, some traditional career paths are slowly being overpowered by technology and digitalization. According to the World Economic Forum Report some of the fast declining roles are mainly in administrative roles such as clerical or secretarial roles, Bank Tellers, Postal Service Clerks, Cashiers and Ticket Clerks, and Data Entry Clerks. Mainly due to digitalization.
Conclusively, in a world where the only constant is change, students must be proactive in adapting to emerging trends and considering unconventional career paths. The fields mentioned above represent just a glimpse of the diverse opportunities available to those willing to explore and embrace the challenges of the future job market. By staying informed and acquiring relevant skills, students can position themselves at the forefront of innovation and contribute meaningfully to the evolving global workforce.