{"id":109491,"date":"2016-01-20T10:31:18","date_gmt":"2016-01-20T08:31:18","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=109491"},"modified":"2016-01-20T10:31:18","modified_gmt":"2016-01-20T08:31:18","slug":"will-you-lose-your-job-in-sa-in-the-next-5-years","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/109491\/will-you-lose-your-job-in-sa-in-the-next-5-years\/","title":{"rendered":"Will you lose your job in SA in the next 5 years?"},"content":{"rendered":"

The World Economic Forum has released its Future of Jobs report, looking at the biggest industries across the world, and how their employment numbers will change over the next five years.<\/p>\n

In determining the biggest industries, the WEF report tracked the employment fields of over one billion employed people in the group’s 15 focus countries.<\/p>\n

This includes the USA, UK, China, Japan, Australia, Italy, France, some middle eastern nations, south Pacific countries, and South Africa.<\/p>\n

By far the biggest industry in the world is farming, fishing and forestry, which employs over 264 million people across the countries assessed.<\/p>\n

The second biggest industry, employing “only” 98.7 million people, is manufacturing and production, followed by the office and admin sector, employing 96.9 million.<\/p>\n

The World’s Biggest Industries<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nIndustry<\/th>\nEmployees (‘000)<\/th>\n<\/tr>\n
1<\/td>\nFarming, Fishing and Forestry<\/td>\n264 365<\/td>\n<\/tr>\n
2<\/td>\nManufacturing and Production<\/td>\n98 723<\/td>\n<\/tr>\n
3<\/td>\nOffice and Administrative<\/td>\n96 928<\/td>\n<\/tr>\n
4<\/td>\nHospitality and Food Related<\/td>\n89 613<\/td>\n<\/tr>\n
5<\/td>\nTransportation and Logistics<\/td>\n79 619<\/td>\n<\/tr>\n
6<\/td>\nBusiness and Financial Operations<\/td>\n70 282<\/td>\n<\/tr>\n
7<\/td>\nSales and Related<\/td>\n65 787<\/td>\n<\/tr>\n
8<\/td>\nPersonal Care and Service<\/td>\n55 266<\/td>\n<\/tr>\n
9<\/td>\nConstruction and Extraction<\/td>\n53 404<\/td>\n<\/tr>\n
10<\/td>\nManagement<\/td>\n42 838<\/td>\n<\/tr>\n
11<\/td>\nCommunity, Social and Protective Services<\/td>\n38 727<\/td>\n<\/tr>\n
12<\/td>\nInstallation and Maintenance<\/td>\n26 887<\/td>\n<\/tr>\n
13<\/td>\nHealthcare Practitioners and Technicians<\/td>\n18 799<\/td>\n<\/tr>\n
14<\/td>\nLife, Physical, and Social sciences<\/td>\n15 663<\/td>\n<\/tr>\n
15<\/td>\nEducation and Training<\/td>\n14 659<\/td>\n<\/tr>\n
16<\/td>\nArts, Design, Entertainment, Sports and Media<\/td>\n14 628<\/td>\n<\/tr>\n
17<\/td>\nComputer and Mathematica<\/td>\n12 605<\/td>\n<\/tr>\n
18<\/td>\nArchitecture and Engineering<\/td>\n12 511<\/td>\n<\/tr>\n
19<\/td>\nLegal<\/td>\n6 550<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Looking at South Africa<\/strong>, the country is largely driven by sales and related jobs, followed by the transportation and logistics industry.<\/p>\n

Biggest industries in South Africa<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Status<\/th>\nIndustry<\/th>\nEmployees (‘000)<\/th>\n<\/tr>\n
+<\/td>\nSales and Related<\/td>\n1 609<\/td>\n<\/tr>\n
<\/td>\nTransportation and Logistics<\/td>\n1 562<\/td>\n<\/tr>\n
–<\/td>\nManagement<\/td>\n1 530<\/td>\n<\/tr>\n
–<\/td>\nOffice and Administrative<\/td>\n1 444<\/td>\n<\/tr>\n
+<\/td>\nManufacturing and Production<\/td>\n1 152<\/td>\n<\/tr>\n
–<\/td>\nConstruction and Extraction<\/td>\n896<\/td>\n<\/tr>\n
<\/td>\nFarming, Fishing and Forestry<\/td>\n705<\/td>\n<\/tr>\n
–<\/td>\nInstallation and Maintenance<\/td>\n652<\/td>\n<\/tr>\n
=<\/td>\nBusiness, Legal and Financial<\/td>\n485<\/td>\n<\/tr>\n
=<\/td>\nComputer, Mathematical and Science<\/td>\n259<\/td>\n<\/tr>\n
<\/td>\nArts, Design, Entertainment, Sports, and Media<\/td>\n219<\/td>\n<\/tr>\n
=<\/td>\nEducation and Training<\/td>\n186<\/td>\n<\/tr>\n
–<\/td>\nArchitecture and Engineering<\/td>\n137<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

+ growing | – declining | = stable<\/small><\/p>\n

How the market will change<\/h3>\n

According to the WEF, from an industry-level perspective, there is a modestly positive outlook for employment across most sectors over the 2015\u20132020 period.<\/p>\n

“However, underneath this aggregate outlook there is once again significant relative growth in some job families and significant relative decline in others, resulting from the accelerating pace of transformation within many industries.”<\/p>\n

The employment outlook for South Africa remains negative, the WEF said.<\/p>\n

The group\u00a0detailed how the above industries are expected to change over the next 5 years.<\/p>\n

Over the period, the world is expected to see a big drop off in office and admin jobs – with some 4.7 million jobs being lost.<\/p>\n

Meanwhile, the biggest boost in jobs is expected to be seen in the business and financial sector.<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Industry<\/th>\n2015 – 2020 Employee change (‘000)<\/th>\n<\/tr>\n
Business and Financial Operations<\/td>\n+492<\/td>\n<\/tr>\n
Management<\/td>\n+416<\/td>\n<\/tr>\n
Computer and Mathematical<\/td>\n+405<\/td>\n<\/tr>\n
Architecture and Engineering<\/td>\n+339<\/td>\n<\/tr>\n
Sales and Related<\/td>\n+303<\/td>\n<\/tr>\n
Education and Training<\/td>\n+66<\/td>\n<\/tr>\n
Installation and Maintenance<\/td>\n-40<\/td>\n<\/tr>\n
Legal<\/td>\n-109<\/td>\n<\/tr>\n
Arts, Design, Entertainment, Sports and Media<\/td>\n-151<\/td>\n<\/tr>\n
Construction and Extraction<\/td>\n-497<\/td>\n<\/tr>\n
Manufacturing and Production<\/td>\n-1 609<\/td>\n<\/tr>\n
Office and Administrative<\/td>\n-4 759<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

In South Africa<\/strong>, the WEF projects the following changes over the next 5 years:<\/p>\n

\n
\n\n\n\n\n\n\n\n\n
Sector<\/th>\nGrowth\/Decline<\/th>\n<\/tr>\n
Mobility<\/td>\n+2.78%<\/td>\n<\/tr>\n
Financial Services and Investors<\/td>\n+1.25%<\/td>\n<\/tr>\n
Professional Services<\/td>\n-1.25%<\/td>\n<\/tr>\n
Consumer<\/td>\n-2.00%<\/td>\n<\/tr>\n
Information and Communication Technology<\/td>\n-3.75%<\/td>\n<\/tr>\n
Basic and Infrastructure<\/td>\n-3.79%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Needed skills<\/h3>\n

On a greater scale, the WEF’s survey showed that computer and mathematical job family – including data analysis and software and app developers – will experience very high growth.<\/p>\n

This is not only in the field of ICT – but across a wide range of industries.<\/p>\n

“In fact, employment growth for Computer and Mathematical roles is expected to be least pronounced in the Information and Communication Technology sector itself, hinting at the accelerated demand for data analysis skills and ICT literacy across, and uptake of these tools by, other industries,” the WEF said.<\/p>\n

Two emerging job roles were identified by the group, which surveyed companies said were going to be vital in the coming years – namely data analysts, and specialised salespeople.<\/p>\n

Other new specialties frequently mentioned include:<\/p>\n