A possible recession could become the main enemy of workers when it comes to employment in 2023.
Macroeconomic conditions are leading to layoffs at many companies and the trend could intensify.
People who want to stay employed would have greater opportunities if they master any of the skills discussed in this paper.
Macroeconomic conditions in the various developed countries threaten to complicate the coming year 2023 for employment. A possible recession in the United States and the European Union could translate into bad news for millions of people. To weather the bad times, workers should focus on some skills that companies can’t do without, even in tough times.
Most of those must-have trends are focused on the technology field and look set to dominate for a long time to come. It should be noted that the labor market is one of the most rapidly changing in the economic arena. So strong is this that, according to Forbes, 85% of the jobs that people graduating in 2030 will have have have not been invented. It should be taken for granted that salaries will be much higher in them.
The latter is another point pushing investors to keep long-term bets on Nasdaq stocks. In any case, the coming year will be a challenging one for all the social strata that keep the economy alive. On the workers’ side, they will have to make adjustments to adapt to conditions that demand special talents.
These are the main employment trends for 2023
Employment will be a sensitive issue in 2023 and millions of people around the world are bracing for massive layoffs. The bad news already started at the end of this year and a recession could widen the jobless rate in major economies. In the U.S. the sector is still holding up, but it could be a matter of time before the high rates cause the numbers to explode.
Unemployment numbers in the U.S. will be released this Thursday and the Fed’s next move could depend on them. During the coming year, the economy will continue to suffer from inflation and high rates could remain in place for a prolonged period of time. In that sense, workers will have to take on a big challenge. Here are the 5 skills that could make the difference between being out of work or staying busy:
Data communicator and storyteller.
It won’t be long before new technologies are able to compete side-by-side with human brain and brawn. Decision making and task accomplishment would soon become machine activities with some support from humans. Consequently, the more knowledgeable these fields become, the greater the chances of being part of the labor market.
Employment in 2023 will be similar in trends to that of 2022. However, that does not mean it will be a copy. Jobs in the areas named above will be upwardly mobile, as a growth spiral, as the years go by.
1. Data communicator and storyteller
The growth in demand for storytellers and data communicators is unstoppable. As the next year progresses, companies will need these professionals to position sales and improve lead attraction. According to recent research, by 2025, 70% of jobs will require operating with data. In that sense, people who interpret, translate and communicate data will be highly sought after.
The importance of these jobs means that all data must be analyzed and communicated in simple terms to the public. The message to the right people at the right time must be seductive. Hence the importance of the combination of these data management and storytelling skills.
Simply put, data communicators will be the source of the information and storytellers will drive it deep into the consciousness. Without these two components, companies’ sales could face serious problems. Such qualities make these types of skills potential sources of employment for 2023 and beyond.
The future is moving toward mastery of data, and the ability to communicate will be critical to success.
Remote and hybrid work trends, which have gained momentum since 2020 and will continue into the future, demand security. Companies and their business models, along with their workers, are rapidly moving into the digitalization arena. Simultaneously, the risks in the digital sector are waiting with open arms for the newcomers.
“All companies’ moves into the digital world must be accompanied by a security strategy.”
Any company that is taking steps into cyberspace must have a solid security shield for itself. That creates the need for trained personnel to provide the necessary tools. Since the beginning of the pandemic, the demand for computer security experts has not stopped growing.
The explosion of hacking in areas such as decentralized finance (DeFi) of the crypto market will motivate a secure source of employment for security experts during 2023. The same can be said for other areas, leading to the conclusion that competition for professionals will be bitter and salaries very sweet.
According to news portals, the coming year will open up opportunities for some 10 million employees in the security sector. In whichever area of IT security people specialize, the field of work would be wide. If the spectrum opens up to a more distant future such as the metaverse, the internet of things and other facets will increase the odds.
3. UX design
The third of these job trends that will dominate the scene in 2023, is user experience design, in English UX. It is noted that it will be accompanied by its twin of user interface (UI). This is an absolutely essential branch for the years to come.
Every aspect of the lives of millions of people around the world is moving to digital. Likewise, every business is rapidly moving to be a digital business. In the same way, every job is becoming a digitized job in some way.
No matter what people do in the future, that will inevitably be tied to some branch of technology. This implies that everyone must have the ability to use the technologies, and the people charged with making that process lighter will be coveted by thousands of companies.
Consequently, UX and UI design skills aim to turn intuitive technology into a manageable tool for everyone. In the medical, education and occupational fields, experts in these skills will be targeted for recruitment everywhere in the world. Thus, having knowledge in these fields could be a guarantee of employment in 2023.
4. Digital Marketing
The biotime of human beings is the most valuable element they have to offer to the generators of goods and services. In a changing world, the success of businesses depends on their ability to adapt to the volatility of people’s demands. Tastes and fashions change, and companies must not only change the offerings that meet those demands.
At the same time, they must demonstrate to people that their products/services suit them. To do so, they need to gain attention, that is, they need people to dedicate valuable seconds of their bio-time to their promotions. A professional who specializes in achieving the latter is one of the most coveted treasures for companies.
In a society where everyone wants the public’s attention and the public can’t see everyone, standing out is essential. The fight to win people’s attention before the competition is ruthless and that fight is also for the talents that handle better tools to project products. Digital marketing campaigns are emerging as the artillery of companies when it comes to reaping success.
The employment of these professionals in 2023 could reach new dimensions hitherto unsuspected.
5. Artificial Intelligence
The latest and, at the same time, the most important of these trends is AI or artificial intelligence. This specialty stands out, since each of the job sources described above are or will be governed by it. Thus, data communicators, UX designers, cybersecurity specialists and advertisers will depend on it to establish and implement their strategies.
Anyone with the skills to work with AI will have a secure position in major companies. Experts in this area are in short supply, and companies often fight for them through competitive salaries. Many firms even fund universities where AI is taught in exchange for the professionals to be absorbed into their payroll.
These are skills that will be fundamental to technologies that are currently under development, such as the metaverse. This future interaction technology alone could be a trillion-dollar market by 2030 and is just one of the areas demanding AI experts en masse.