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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] Australia's oil and gas industry could lure as much as A$ 50 billion in investments that would create 5,000 jobs and about A$ 800 million in annual spending in local communities.
[New] More than 651,000 jobs supported by the U.S. beer industry will be lost by the end of the year due to the coronavirus pandemic.
[New] If 5G adoption followed the path of 4G adoption, then, at its peak, 5G will contribute approximately 3 million jobs and $635 billion in GDP to the U.S. economy in the fifth year following its introduction.
[New] Biden's $2 trillion climate plan, which calls for 100% clean electricity by 2035 and sweeping infrastructure upgrades that would create millions of new jobs, incorporates several recommendations from a Biden-Sanders unity task force.
[New] In CBO's projections, the potential US labor force grows by 0.3% per year, on average, through 2050; over the past 50 years, its average annual rate of growth was 1.4%.
[New] With South Africa's Public Investment Cooperation investing R 20 billion in the manufacturing sector for the period between 2021 and 2025 (5 years) will contribute to growth and employment.
[New] Tripling energy innovation could serve as an economic stimulus for the U.S. economy, creating jobs in industries that will grow exponentially this century.
[New] A green economic recovery in Brazil will allow its economy and jobs to grow more over the next decade than the current development model, starting in the first year.
[New] The Line 3 Replacement Project in Minnesota is projected to add $35 million per year in new tax revenue, $2 billion in economic activity, $162 million in local construction spending and 8,600 jobs.
[New] The Commission's forecast for the unemployment rate is more favourable than that of the IMF, at 12.7% in 2020 (up from 10.3% in 2019) and full recovery in 2021, with the overall unemployment rate at 10%.
[New] The manufacturing sector in the U.S. will need to fill as many as 4.6 million jobs over the course of the coming decade.
Ambitious action to tackle climate change could create millions of extra jobs, aiding Europe's economic recovery from the COVID-19 pandemic.
Current OECD estimates on unemployment rates have increased to 12% with no second wave and 15% if there is one whilst their GDP estimate suggests that the UK economy could contract by as much as 11.5% during 2020.
A fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs.
Australia's future hydrogen industry has the potential to generate 7,600 new jobs by 2050, many in regional Australia, with exports estimated to be worth around $11 billion a year in additional GDP.
Developing a green hydrogen industry could create 120,000 jobs and deliver £320bn to the UK economy by 2050.
The future of the battery market is expected to reach a yearly level of €250 billion from 2025 onwards, offering the opportunity of creating 4-5 million jobs.
Development of an indigenous green hydrogen industry could generate £320bn for the UK economy and sustain up to 120,000 jobs by 2050.
40% of jobs created in the past ten years have been in the digital-intensive sector and the UK digital economy is predicted to grow to 33% of GDP.
India plans to significantly reduce its thermal coal imports in the next few years to save foreign exchange and create jobs through the development of existing and new coal blocks.
An Australian hydrogen industry could grow to contribute as much as $11 billion to the Australian economy by 2050, as well as creating 7,600 new clean energy jobs.
Even the most optimistic forecasts do not expect the labour market to bounce back immediately, which means that opportunities to make up income through work will be limited for the next year, if not longer.
If the growth rate shows no sign of improvement, generating enough jobs to support a growing population will become India's biggest challenge over the next decade.

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Last updated: 27 September 2020