AI competencies are now central to IT jobs, with 78% of postings in advanced economies requiring these skills. Most fast-growing roles involve AI, and soft skills are increasingly important. While automation may lead to significant job loss, even more positions will be created, although reskilling—not just upskilling—is essential for workers displaced by technology. Entry-level job ads are dropping in some sectors due to AI, but retiring professionals will open new opportunities for younger workers. Companies are adjusting hiring and training practices, and new entry-level roles will require more complex knowledge work. Europe is slower than English-speaking regions to invest in these workforce changes.
