JobsAndCareersSpringIssue2017 - 256

ADVANCES IN TECHNOLOGY ARE
CAUSING RADICAL CHANGES TO
THE JOBS MARKET. FIND OUT
WHICH INDUSTRIES WILL BE
RECRUITING AND WHICH ARE
TIPPED TO REPLACE THEIR
WORKFORCE WITH ROBOTS...
2 5 6 /// J O B S & C A R E E R S

Words: Trish Lesslie, Images: Shutterstock

LOOKING
INTO THE
FUTURE

A

ccording to the
latest official data,
Britain now has
the joint highest
employment rate
since records
began in 1971.
Figures released by the Office for
National Statistics in April show there
were 31.84 million people in work,
39,000 more than for September to
November 2016 and 312,000 more
than a year earlier.
In the three months leading up to this
February, the unemployment rate for 16
to 24-year-olds was 12.4% - lower than
13.7% a year earlier - and the overall
employment rate (the proportion of
people aged from 16 to 64 who were in
work) was 74.6%, the highest since
comparable records began in 1971.
While the possibility of a Brexitinduced economic downturn looms
large, increased automation - or the
rise of robots - is set to change the jobs
market irrevocably in the coming years,
regardless of economic conditions.
Experts warn that large swathes of the
workforce could become obsolete.
Mark Carney, governor of the Bank of
England, has warned that automation
could put 15 million jobs at risk - nearly
half of the national workforce.
Research by multinational professional
services firm Deloitte also found that
1.35 million jobs - 28% of all Brits in
work - have a high chance of being
automated in the next 20 years.
But it's not all bad news. While
technology contributed to the loss of
about 800,000 lower-skilled jobs
between 2001 and 2015, it helped to
create 3.5 million higher-skilled jobs in
their place, according to Deloitte.
Each of these new jobs has a salary an
average of £10,000 more per year than
the jobs lost, adding £140 billion to the
economy through increased wages.
Here's a guide to the industries most
likely to continue recruiting - and those
most likely to shrink their workforces...



JobsAndCareersSpringIssue2017

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https://europe.nxtbook.com/emp/JobsAndCareers/jobsandcareerswinter2023-24
https://europe.nxtbook.com/emp/JobsAndCareers/jobsandcareerswinter2022-23
https://europe.nxtbook.com/emp/JobsAndCareers/jobs-and-careers-summer-2022
https://europe.nxtbook.com/emp/JobsAndCareers/jobsandcareerssummer2022
https://europe.nxtbook.com/emp/JobsAndCareers/jobsandcareers_winter2021-22
https://europe.nxtbook.com/emp/JobsAndCareers/jobsandcareersspring2020
https://europe.nxtbook.com/emp/JobsAndCareers/jobsandcareersautum2019
https://europe.nxtbook.com/emp/JobsAndCareers/jobsandcareersspring2019
https://europe.nxtbook.com/emp/JobsAndCareers/JobsAndCareersAutumn2018
https://europe.nxtbook.com/emp/JobsAndCareers/JobsAndCareersSpring2017
https://europe.nxtbook.com/emp/JobsAndCareers/JobsAndCareersWithJamesCaanAutumn2016
https://europe.nxtbook.com/emp/JobsAndCareers/JobsAndCareersWithSarahWillingham2016
http://europe.nxtbook.com/emp/JobsAndCareers/JobsAndCareersAutunm2015
http://europe.nxtbook.com/emp/JobsAndCareers/JobsandCareers2015
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs_and_Careers_2014
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-Hilary-Devey-2013
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-Hilary-Devey-2012
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-East-of-England-2012-13
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-Yorkshire-2012-13
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-West-Midlands-2012-13
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-Wales-2012-13
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-South-London-2012-13
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-North-London-2012-13
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-South-West
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-South-East-1
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-South-East-2
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-North-West-2012
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-East-Midlands-2012
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-Wales-2012
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-JamesCaan-2012
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-Yorkshire-2011
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-East-of-England-2011
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-South-London-2011
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-London-North-2011
http://europe.nxtbook.com/emp/JobsAndCareers/Jobs-and-Careers-West-Midlands-2011
https://www.nxtbookmedia.com