Disruptive labour market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries - and women will be worst hit, a major new study released at Davos has claimed.
The projection by the World Economic Forum (WEF), which is holding its annual meeting in the Swiss ski resort this week, assumes a total loss of 7.1 million jobs, offset by a gain of 2 million new positions.
Women will be the biggest losers as their jobs are often concentrated in low-growth or declining areas such as sales, office and administrative roles, the report said.
'At the declining end of the labour market, the drivers of change identified by our respondents will heavily disrupt two of the job families most clearly dominated by women and men: Office and Administrative and Manufacturing and Production, respectively.
'In short, as industries prepare to adapt to disruptive change the dynamics of the industry gender gap will be at the centre of many facets of the new employment landscape.'
While men will see approximately one job gained for every three lost over the next five years, women face more than five jobs lost for every one gained.
'As the Fourth Industrial Revolution takes hold in different industries and job families, it will affect female and male workers in distinct ways,' the team claims.
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