14 million jobs set to be lost to labour market churn by 2027 – with AI contributing

By Abby Wallace Almost 14 million jobs will be lost globally within the next five years as a result of stunted economic growth, advancement in smart technology, supply chain shortages and the rising cost of living, according to new research from the World Economic Forum (WEF). 83 million jobs will be lost in the next five years, while 69 million jobs will be created, a loss of 2 per cent on current employment levels, the World Economic Forum’s future of jobs report found. Investment in green transition would be the strongest factor in job creation, the report said, while slow growth, supply sh…

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