Global Scans · Work · Weekly Summary

WHAT'S NEXT?: AI will replace 16% of jobs over the next decade. A billion people will enter the job market over the next ten years.

• [New] The AI Growth Zone has attracted major private investment, including £10 billion committed by QTS/Blackstone to build a new data center with the potential to support up to 5,000 high-quality jobs in the North East. UKAuthority
• [New] Workers who view AI as a useful collaborator rather than a threat may actually become more engaged in their jobs and better positioned for long-term career success. SciTechDaily
• [New] Companies' push to get workers using AI comes as many of the dramatic productivity gains executives expected from the technology have yet to materialize. Business Insider
• [New] In a global survey of 825 execs by the consulting firm Mercer in October, 99% of C-suite leaders said they expect AI to translate to at least some job cuts in the next two years. Business Insider
• [New] Workers are often far more skeptical about AI than executives are, largely because staffers fear it could put their jobs at risk. Business Insider
• [New] There could be a 25% rise in young people not in education, employment or training to 1.25 million by the early 2030s without intervention. The Guardian
• [New] AI could wipe out roughly half of all entry-level white-collar jobs within five years. Fintech Singapore
• [New] With ongoing labour shortages across multiple industries, New Zealand continues to offer excellent opportunities for skilled workers seeking international career growth and potential long-term settlement. Radvision World
• [New] The expansion of English language requirements should not discourage skilled Indian workers from pursuing opportunities in New Zealand. Radvision World
• [New] AI will create more job opportunities, especially for recent graduates. AIMultiple
• [New] Generative AI could raise labour productivity by approximately 15% when fully integrated across developed markets, leading to short-lived unemployment upticks during adoption periods. AIMultiple
• [New] AI's impact on overall employment will be mild and short-lived, rather than causing widespread and long-term job losses. AIMultiple
• [New] The U.S. Bureau of Labor Statistics expects employment of computer and information technology occupations to grow 13% from 2020 to 2030 and predicts the field of data scientists to grow 35% between 2022 and 2032. Online Master of Engineering
• [New] By 2033, the U.S. Bureau of Labor Statistics expects a 17% increase in employment for software developers. Big Human
• [New] India's economy is still growing at nearly 7% and urban unemployment stands at 6.6%, but economists and recruiters warn of weak hiring, slow wage growth and worsening job quality for the 6 to 7 million young Indians entering the workforce each year. ST
• [New] Workforce resilience strategies for global employers increasingly center on geographic diversification, flexible employment models, and compliance infrastructure that allows organizations to move quickly without exposing themselves to risk. Safeguard Global
• [New] Standard Chartered is cutting roles, HSBC says AI will destroy and create jobs, and JPMorgan wants more AI talent than traditional bankers. Fintech Singapore
• [New] Globally, HR decision-makers are optimistic about AI's overall impact on hiring volumes, with a net +13% expecting workforce growth by the end of 2026. theHRDIRECTOR
• [New] By 2030, three-quarters of current jobs will require redesign, upskilling, or redeployment, and organizations will need to act swiftly to amend recruitment, retention, and remuneration. MIT Technology Review
• [New] Work in 2026 will be structured as a tripartite partnership between people, software agents, and physical robots. Rootstack
• [New] Within the broader trend, we see strong buyer demand for solutions that enable higher quality worker training, such as the AR/VR solutions for the US military created by Corum client Envision Innovative Solutions, acquired by PD Systems. Corum Group
• [New] Remote work will continue expanding, allowing businesses to hire globally without relocation barriers. The AI Journal

Last updated: 01 June 2026