Will Your Job be in Demand Over the Next Decade?

The Future of Work report highlights major transformations expected in the Canadian job market due to growing skills gap and the erosion of traditional social benefits. The future of work in Canada over the next 10 years will be shaped by several key criteria, particularly technological advancements, shifts in workforce demographics, and evolving work arrangements:

1. Technological Disruption: The rise of automation and artificial intelligence (AI) is a major driver of change, reshaping industries and job requirements. AI is expected to boost productivity, particularly in knowledge-heavy sectors like IT, healthcare, and financial services.

   
   

2. Demographic Shifts: Canada’s aging population will increase demand for healthcare and related services while creating gaps in the labor market that could be filled by immigration and upskilling efforts. As more baby boomers retire, sectors like healthcare, technology, and skilled trades will face labor shortages, increasing the importance of adapting workforce strategies to this shift.

   
   

3. Hybrid and Remote Work Models: The pandemic has solidified the demand for remote and hybrid work arrangements, with workers expressing strong preferences for flexible work environments. As businesses adjust to these expectations, employers will need to balance office and remote dynamics to attract and retain top talent.

These trends underscore the need for lifelong learning through ongoing reskilling and upskilling, to ensure job security and continued relevance into the future. Below is a list of top 10 skills on the rise.

IN DEMAND JOBS

As technology and global trends reshape the workforce, some careers will thrive while others will inevitably diminish. Understanding which jobs will be in demand over the next decade is essential for staying relevant whether you're entering the workforce or planning a career shift. The United States job demand projection below is also applicable to Canada due to the similarities in technological advancements, shifts in workforce demographics, and evolving work arrangements in both countries.

THE HIGHEST PAID JOBS

Financial managers and advisors consistently rank among the highest-paid professionals due to their critical role in guiding individuals and businesses through complex financial decisions. As global financial markets evolve and the demand for personalized financial advice grows, these professionals are essential for wealth management, investment strategies, and financial planning.

Their continued relevance into the far future stems from the increasing complexity of financial markets and growing global wealth. As financial products and regulations evolve, financial managers and advisors will be indispensable for navigating investment opportunities, retirement planning, and tax strategies, especially for high-net-worth individuals and businesses. Moreover, with the rise of digital currencies, sustainable investing, and new economic models, their expertise will be needed even more.

CONCLUSION

In light of the above, financial managers and advisors are among the highest earning jobs that will continue to be relevant over the next decade. So, hurry up to learn financial management skills today. The goal is to help the maximum number of Canadians to be financially literate and capable of supporting a growing population within a fast evolving technology landscape.

At the very least, you will walk away with the high demand financial skills and apply it for yourself to earn more profits from your own investments. Better still, you can choose to earn a financial advisory license that enables you to increase your income exponentially, help others to invest wisely, enjoy work-life balance by controlling your own work schedule and build a career with top-notch job skills that will continue to be relevant into the far future.

Reach out to take advantage of this free learning oppotunity now.

Sources and photo credits: https://www.weforum.org/agenda/2023/05/future-of-jobs-2023-skills/, https://www.hays.ca/market-insights/article/workforce-strategy-future-of-work-2024, Venture capitalist,