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Home News Current Affairs

Malaysia: Over 75 Million Jobs Might Be Axed Leading Up To 2022

by Syahrul
October 8, 2019
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To all the Gen Y, brace yourselves as crucial changes might be made in the next coming years.

According to the 2019 Future Jobs Reports presented at the World Economic Forum, an estimated amount of over 133 million jobs will undergo revolution while over 75 million jobs will be facing extinction and to be axed by the year 2022.

Source: MalaysiaGazette

Based on the presentation, the director of Institut Maklumat dan Analisis Pasaran Buruh (ILMIA), Wan Zulkifli Wan Setapa concluded that there will be 10 new occupations set to replace the already existing 10 jobs as a result of technology transition.

Feel free to check out the list of jobs that will be discarded + 10 new work opportunities that are set to be implemented by the year 2022:

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Source: Harian Metro
Source: Harian Metro

Based on the list above, routine works such as clerical, administrative, data entry, accounting, auditing as well as installation works of factory components are expected to be removed in the next 2 and half years ahead.

Despite the lack of opportunities offered in this sector, jobs that make use of Artificial Intelligence (AI), digital, robotics and new technologies are expected to increase in demand in the coming future. However, the impact of this scientific development will not only be happening in Malaysia but also worldwide.

Source: Google image

Reflecting on what has been showcased during the conference, we’re sure that it will effect the future education system in various aspects – including cost and also syllabus of the studies to name a few.

Source: VOCKET.

Follow us on Instagram, Facebook or Telegram for more updates and breaking news. 

Tags: Job Opportunities Malaysia
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