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Almost 1 million Americans will see their occupations vanish entirely by 2026, and will have to train for a wholesale career change or probably not find equally paid work, according to a report by the World Economic Forum and Boston Consulting. This interactive visual shows what they found.

The bottom line: In all, some 1.4 million Americans will lose their jobs to technological change in the next eight years, including 70 percent whose job type will just disappear. Without new skills, according to the report, 575,000 of them — 41% — will have either minuscule or no chance of finding other work. Women may be disproportionately affected.

Expand chart
Data: World Economic Forum and Bureau of Labor Statistics; Chart: Chris Canipe / Axios

The impact: Even if they do find work using their current skills, many will on average earn $8,600 less per year. These are the people who must start thinking now about what their next career might be, the report suggests. "Overall, the scale of re-skilling suggests that we need a skilling revolution," Oliver Cann, a spokesman for the World Economic Forum, tells Axios.

  • Some 57% of the new jobless will be women, many of them falling out of low-paid occupations, according to the report, whose analysis draws on data from the U.S Bureau of Labor Statistics.
  • How to read the chart above: The size of the circles reflect the number of workers in each sector in 2016. Their places on the chart indicate what percentage of the jobs are held by females. Float the cursor over any circle, and see how much job loss or gain is forecast by 2026.

Among the findings:

  • 800,000 of the jobless will be women, who with their current skills will have only about half the number of new job options as unemployed men.
  • 164,000 of them — 20% — will be relatively low-paid secretaries and administrative assistants. That compares with just 90,000 lower-paid male assembly-line workers.
  • Yes, but: the chart above assumes an aggressive reskilling program results in most of them — apart from those working in the production sector — finding new work. And 74% of the women who do land work will probably be paid more than in their old job, versus 53% of the men.

One problem is a serious gulf of understanding between executives and workers, according to another new study, released by Accenture:

  • 74% of executives say they plan to use artificial intelligence to automate tasks in their workplace the next three years, and 47% say skills shortages are a key rationale.
  • Yet only 3% intend to significantly increase investments in training in the same time period.

These executives say only 26% of their work force is ready to learn new skills for new jobs, and about one in four of these business leaders say a key obstacle is that their employees are resistant to such training.

Only that appears to be false: 67% of workers said they consider it important to develop skills to work with intelligent machines in the next three to five years.

  • Ellyn Shook, Accenture's chief leadership and human resources officer, tells Axios that executives may not have surveyed their workers directly, and may wrongly assume that coming automation is "making people nervous."
  • Workers are consumers, too, she said, and so are excited by what technological changes may bring.

Go deeper

57 mins ago - Health

WHO: Not yet known whether Omicron leads to more severe disease

Photo illustration: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The World Health Organization on Sunday said that it is not yet clear whether the newly discovered Omicron variant is more transmissible than other strains of the COVID-19 virus.

Why it matters: The agency's statement comes as the variant, discovered in South Africa, has already been detected in European and Asian countries.

6 hours ago - Health

Fauci: Omicron variant will "inevitably" be found in U.S.

Photo: Chip Somodevilla/Getty Images

Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, cautioned on Sunday that the COVID-19 Omicron variant will "inevitably" be found in the United States.

Driving the news: Fauci, Biden's chief medical adviser, told ABC's George Stephanopoulos on "This Week" that U.S. officials will meet with colleagues from South Africa later on Sunday to try to determine the severity of the cases, as countries scramble to learn more about the variant.

Updated 8 hours ago - Politics & Policy

Dems fear supply-chain blame

Illustration: Aïda Amer/Axios

As supply-chain kinks drive up prices and disrupt holiday shopping, Democrats are scrambling to show action and deflect blame.

Why it matters: With their party controlling both the White House and Capitol, vulnerable Democrats worry supply-chain snafus will hurt them in next year's midterms.