Staying up to date on the abilities required by the job market is critical in a dynamic global marketplace. Our third annual Job Skills Report is intended to help institutions navigate these shifts by putting light on critical skills and credentials that shape the workforce. This year, we're focusing on leadership, cybersecurity, and artificial intelligence, and we're seeing a significant increase in membership on our platform.
The report's global job skills trends include:
Trend #1: Evolving Leadership Skills
Leadership skills for guiding teams through organizational change are becoming more popular. All leadership abilities have risen in importance, particularly those focusing on empathy, strategic leadership, and staff development. Rapid socioeconomic changes and emerging technologies such as AI are creating new demands on leadership, emphasizing the importance of skills such as team building and team management.
Trend #2: AI-Related Skills on the Rise
AI-related abilities are propelling course enrollments to new highs. Investing in AI-related skills is critical for enhancing productivity and preparing learners for an AI-enabled environment, with over 800 AI-related courses generating 6.8 million total enrollments this year.
Trend #3: Surging Demand for Cybersecurity Skills
Cybersecurity and information security abilities are in high demand. Cybersecurity accounts for half of the top tech skills listed. With a projected 3.5 million cybersecurity job shortage, investments in these capabilities benefit both individuals and institutions.
Trend #4: Business Skills Take Center Stage
Business skills, particularly digital marketing and customer service, are among the fastest increasing. With the marketing and advertising industry expected to develop and customer expectations to rise, institutions should invest in these skill areas to boost corporate efficiency and individual employability.
Trend #5: Growing Need for Data Literacy
Data comprehension and communication abilities continue to improve. Data visualization is a top digital talent, and investing in data literacy and narrative abilities can help institutions meet corporate goals while also meeting market demand.
Trend #6: High Demand for Web Development and Computing Skills
Web development and computing talents are still in high demand. Web frameworks and cloud computing abilities are among the fastest-growing tech talents. Investments in these skills can assist fulfill ongoing talent shortages as well as the need for technical personnel to stay up to date on emerging technology.
Trend #7: Essential Oversight and Compliance Skills
Oversight and compliance skills are becoming increasingly important. Auditing skills are among the top fastest-growing skills in general, especially among learners enrolled in government programs. As organizations around the world cope with data, copyright, and other difficulties posed by AI, these abilities become increasingly vital.
Trend #8: Curated Learning Paths Driving Skill Rank Changes
The most significant skill rank adjustments are being driven by curated study routes such as Professional Certifications and Specializations. Enrollment in entry-level Professional Certificates climbed by 27% in the last year, non-entry-level Professional Certificates increased by 34%, and Specializations increased by 18%. These routes can raise business efficiency, student employability, and internal mobility.
The Job Skills of 2024 Report provides significant insights for leaders who are committed to providing learners with the skills they need to secure and grow their jobs. Institutions can create a workforce that is equipped to face present difficulties while also being prepared for the future by investing in these fast evolving skill areas.