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By Sonya Hooja

It is true that the job market is ever-evolving. However, a child born in 2010 will likely face a vastly different reality than a young student stepping out of college the same year just 20 years apart. With the smartphone and internet revolution, artificial intelligence and data science having grown leaps and bounds between 2010 and 2030, fresh graduates are now facing more and more uncertainty in the job landscape.

The job market is rapidly evolving, driven by technological advancements, changing demographics, and global economic shifts. Jobs that exist today may become obsolete, while new opportunities will emerge. To thrive in this increasingly competitive world, individuals need to develop diverse skills that align with the demands of the future job market.

According to Googles Skills of the Future report, the jobs of the future will place a premium on adaptability, digital literacy, and problem-solving abilities. The report highlights the importance of soft skills such as critical thinking, creativity, and emotional intelligence. In addition, it emphasizes the need for continuous learning and upskilling throughout ones career. The ability to navigate through an ever-changing technological landscape will be crucial, as new technologies emerge and replace traditional job roles.

India is experiencing a significant shift in its job market, with emerging sectors offering exciting opportunities. Some of these sectors include:

Data science and analytics: With the increasing reliance on data-driven decision-making, professionals skilled in data science, machine learning, and data analytics will be in high demand. The ability to derive meaningful insights from vast amounts of data will be crucial for organizations across industries.

AI and Machine Learning: To succeed in the job market of 2030, individuals must continuously learn, adapt, and embrace emerging trends in Artificial Intelligence (AI) and Machine Learning (ML). As per a WEF report from 2023, 85% of companies are looking to maximize AI usage in the next 5 years predicting a rise in hiring of students of AI. In fact, AI and Machine Learning Specialists top the list of fast-growing jobs.

Cybersecurity: The growing digitization of businesses and the increasing threat of cyber-attacks, will have cybersecurity professionals play a vital role in safeguarding digital assets. Individuals with skills in cybersecurity, ethical hacking, and risk management will be in high demand.

Fintech: Technical expertise, financial knowledge, analytical skills and problem-solving skills are the most in-demand skills in the fintech sector. As the world of finance takes to digital platforms,

the Best Workplaces in BFSI in 2023 report by Great Place To Work predicts that the BFSI sector in India is expected to experience a significant increase in hiring activities, with companies planning to hire 26% more employees than the current year. Fintech firms, in particular, are leading the way with a 41% increase in their hiring intent.

What remains crucial in the fast-paced and competitive job market of 2030 is the need for individuals to develop a diverse skill set to thrive. In India, emerging sectors offer promising career prospects. By continuously learning, adapting, and embracing emerging trends, individuals can position themselves for success in the jobs of the future.

The author is founder and COO of Imarticus Learning. Views are personal.

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Jobs of 2030; skills to develop for the future in an increasingly competitive world - The Financial Express