Forecasting both likely and worst-case scenarios is a routine part of a prudent financial planning process.
When you apply the same process to the workforce, you can see that many job vocations that employ thousands today are at risk of disappearing completely, either due to changes in the economy or enabled by existing and future technological innovations.
Not only are these group of workers at risk of losing their livelihoods, they then have to upskill or reskill themselves to find other jobs within or outside of their industries at a stressful period in their lives. This will take both time and money, a luxury they may not have without a job.
Rather than wait until it’s too late, you should continuously upgrade your skills and ensure you remain relevant in your industry. This will also provide an early warning if your job is at risk of being replaced by technology, made redundant or outsourced to cheaper locations.
Here are five potential jobs that may not be in around in the next decade.