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Opinion and economic analysis

Date: 31/01/2025
Author: Francisco Massó Mora

REPORT ON THE FUTURE OF EMPLOYMENT 2025.

According to the “Future of Jobs 2025” report by the World Economic Forum, 39% of the core skills required by workers will change in just five years.

The most alarming aspect, from an economic policy perspective, is the projected loss of 1.6 million jobs globally due to the economic slowdown— a phenomenon that could worsen labor inequalities between regions. Coupled with the rising cost of living, this highlights a clear interconnection between macroeconomic dynamics and microeconomic business decisions. In this context, it is striking that inflation, despite having stabilized, continues to impact the viability of certain sectors, especially those most exposed to fluctuations in energy and material costs.

While advanced economies face challenges stemming from an aging population, developing economies are experiencing growth in their labor force. If not strategically managed, this imbalance will deepen disparities in global employment distribution and economic development opportunities. This asymmetry, in my opinion, underscores the need to promote labor mobility policies and international cooperation to better align the supply and demand of professional skills.

Geo-economic fragmentation and trade tensions stand out as factors redefining the global competitive landscape. Beyond logistical and commercial challenges, this trend exposes a growing reliance on specialized skills such as cybersecurity and global network management. The relocation of value chains and the redesign of globalization strategies are clear indicators of how companies are responding to political and economic tensions between major powers like the United States and China. This highlights the need to adopt resilient approaches by diversifying geopolitical risks and strengthening internal innovation and production capabilities.

Finally, the green transition is emerging not just as a strategic priority but as an unavoidable obligation. This report illustrates how businesses are being forced to incorporate environmental considerations into their operational planning, from renewable energy generation to the implementation of climate change mitigation strategies. It is encouraging to see that professions linked to the green economy—such as environmental engineering and sustainable resource management—are among the fastest-growing fields. However, this raises a long-term challenge: Are global education systems prepared to train a generation capable of meeting these new demands?

Only through a coordinated strategy that combines innovation, inclusion, and sustainability can we fully harness the potential of this future of work, which is already unfolding.


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