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CAPE TOWN - Research by the World Economic Forum-Future of Jobs Report- shows that in many industries and countries, the most in-demand occupations did not exist 10 years ago. Let's find out what does the future hold and what drives the change?

Some jobs have become obsolete and some are becoming more developed and desirable. This is all driven by factors including: biotechnology, artificial intelligence, machine learning, environmental changes and smart systems to name a few. The report shows that geopolitical developments, demographics and socio-economic factors have an additive effect on job dynamism.

Countries covered by the Future Jobs Report have shown projections that current employment trends could lead to a total loss of 7.1 million jobs lost to disruptive labour market changes over the period 2015–2020, with two-thirds concentrated in office and administrative roles. On the other hand, a total gain of 2 million jobs in computer, mathematical, architecture and engineering related fields.

New and emerging jobs will become critically important for the companies by 2020. Report findings show that Data Analysts stand a good chance as the companies always want to get an insight of their position in the market. Specialised sales representation is also one the occupations holding bright future as per the research projections.

- BUSINESS REPORT ONLINE