Key Drivers of Skill Disruption: Three macrotrends are reshaping the labour market:

Technological Change Advancements in AI, big data, and cybersecurity are transforming skills demands. Analytical and systems thinking will grow in importance in this data-driven era. While technology creates jobs, it can also displace them. However, Generative AI (GenAI) is enhancing human abilities by fostering machine-human collaboration rather than replacing human input. Crucially, human-centered skills remain irreplaceable. Geo-economic Fragmentation Global crises and economic shifts are increasing the need for adaptability and human-centered skills. Businesses now value creativity, resilience, and social acumen to navigate uncertainty and innovate amid slower growth and trade barriers. These are skills AI cannot replicate. Demographic Shifts Aging populations and shrinking workforces in developed economies highlight the need for mentoring, talent management, and empathy. Soft skills like self-awareness and interpersonal communication are becoming essential across all sectors. How Employers Are Responding: Recognising these disruptions, employers are focusing on: Reskilling and Upskilling Organisations are investing heavily in workforce training to align skills with evolving demands. This boosts productivity, competitiveness, and talent retention. Training Programs and Partnerships Employers often fund their training initiatives but increasingly value government and public-private partnerships to support reskilling efforts. Employee Well-Being Acknowledging the human touch, employers are prioritising health and well-being programs to enhance talent availability and performance from 2025 to 2030. The future of work emphasises adaptability, collaboration, and continuous learning. By embracing these changes, the labour market can thrive amid disruption.

* The article is written Ng Peng Chin, participant of "The Collision Room" by Astro AWANI, an initiative within Project Sigma, a global program by the Google News Initiative (GNI).