The employment market is going through a period of rapid change as a result of the arrival of new generations of professionals, such as the Millennials and Generation Z, as well as technological and social advances. This begs the question: what form will change take in the coming years and how will it affect the working world?
Adecco, in conjunction with Opinno, has carried out a study of The Future of Work in Spain, which predicts the employment trends that will arise in the employment market in the future, given the changes that are taking place.
In its study, the qualitative and quantitative opinions of 40 experts in human resources from different economic areas and sectors were taken into account. In addition, data were gathered from official bodies, such as the statistical office of the European Union (Eurostat), the Labour Force Survey (Encuesta de Población Activa or EPA), the National Statistics Institute (Instituto Nacional de Estadística or INE), the National Public Employment Service (Servicio Público de Empleo Estatal or SEPE) and the Ministry of Employment and Social Security (Ministerio de Empleo y Seguridad Social).
Among the report’s main conclusions are the five trends that will mark the employment market in the future:
- Technological advances
- The new social media
- Changed social values
- Demographic change
In addition, another aspect worth mentioning is the disappearance of the traditional division of the economy into the primary, secondary and tertiary sectors. This division has, however, become obsolete in recent years due to the creation of new sectors.
This transformation is causing new sectors to appear which are starting to lead the way in the creation of employment, such as technology and R&D+I, tourism and leisure, health and welfare and energy.
These sectors will create new business projects and new types of professionals to cover the needs of each market. As human resources managers have noted, the most important career profiles in the next 5-10 years will be those requiring technological and digital expertise, those related to working with people and those specialising in marketing and sales.
The needs of companies will be different and the abilities or aptitudes that are required of employees will change. Thus, cooperation, change management, technical and results- oriented abilities and personal qualities will be the ones most valued by recruiters in the near future.
Moreover, there are certain technological trends that will cause the structure, functioning and composition of the employment market to change, such as remote collaboration, the total availability of networked information or an increase in human capacities, while there will be increased use of intelligent databases, cloud solutions and the Internet.
In addition, 65% of human resources managers admit that the automization of work will destroy some current jobs, although it will create others.