The Future Of Work: Key Emerging Workplace Trends To Watch For 2024
Each year since the pandemic, the workforce has significantly transformed. What does the future hold for 2024, and what is the impact? Read on for actionable insights.
What trends are shaping the future workforce in 2024?
By 2024, Gen Z is expected to make up 23% of the global workforce, bringing fresh ideas and a tech-savvy approach. This generation is more open to using AI tools and is inclined towards gig economy jobs and side hustles. Additionally, the hybrid work model is gaining traction, with an anticipated 81% adoption rate, as companies seek to balance in-person collaboration with remote flexibility.
How is AI impacting job roles and skills in the workplace?
Generative AI is expected to significantly influence the labor market, with job categories related to AI and machine learning projected to grow rapidly. The demand for skills related to AI tools, such as ChatGPT, has surged, with job postings mentioning these skills increasing by 21 times. Familiarizing oneself with these technologies and upskilling in their use is becoming essential for remaining relevant in the job market.
What is the trend of side hustles among younger generations?
Side hustles are increasingly popular, especially among younger generations, with 70% of Gen Z and 50% of millennials engaging in them. This trend is largely driven by the need to supplement income due to inflation and rising living costs. The influencer marketing sector has also seen significant growth, indicating a shift in how younger professionals are approaching additional income streams.
The Future Of Work: Key Emerging Workplace Trends To Watch For 2024
published by Princeton IT Services, Inc
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