Analysis – Impact Lab

Analysis, Employment, Google, Money Talk, Science & Technology News

The 10 highest-paying IT certifications of 2020

November 19, 2020

COVID-19 isolation might be a good time to add to your IT skill set, as we’re seeing several new entries on our annual list of the 10 highest-paying IT certifications. Cloud technology, information security, and project management certs are on the rise this year.

IT is one profession where the optimal skill set is a constantly moving target. We keep track of the ten highest-paying IT certifications on a running bases, and for 2020, we’re seeing some of the highest-paid certifications challenged yet again by new entrants while average salaries are on the rise across the board.

Fortunately, if you’re trapped in your home during the coronavirus pandemic, you’re far from helpless if you want to learn new skills. Many certifications are fully optimized for remote learners with most of the guided lessons, practice sandboxes, and even the certification exam itself being fully available online and on demand. This preparing for and achieving a new certification com pletely viable for people that are working from home.

Hot specializations range from information systems management, networking, cloud computing, project management, and security. Eighty percent of IT professionals say that certifications are useful for their careers, the challenge is determining which area to focus on.

We looked at data provided by professional development solutions and course provider Global Knowledge to determine the highest-paying IT certifications in the world right now. The data is based on what Global Knowledge’s customers are studying as well as the jobs they find after they graduate. We’ve broken down the top choices based on a description of the specialization as well as a corresponding pay range. Cloud and project management certifications currently dominate the top five spots.

Kindly note that these figures change from year to year, so we update this piece whenever Global Knowledge releases new data. Be sure to return to this list to check out which certification tops the rankings the next time you’re thinking of changing career gears. Let’s look at the most in-demand certifications for 2020 and their corresponding salaries.

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Analysis, Employment, Life Skills, Science & Technology News, Trending

The 5 most in-demand skills at America’s top start-ups, according to LinkedIn

November 17, 2020

According to LinkedIn, start-ups seek key job skills like programming proficiency and data analysis.

Learning some new technology could go a long way in landing a new job.

As the coronavirus pandemic forces companies to shift parts of their business online, employers are searching for candidates who are proficient in tech or can learn quickly. Among the top 50 start-ups in the United States, in fact, the five most in-demand skills are all tech-related.

That’s according to new data from LinkedIn, which analyzed the skill sets of recent hires at across the country’s top start-ups, which include familiar names like food-delivery app DoorDash and bedding company Brooklinen. Overwhelmingly, the findings show, employers hired job seekers with data savvy, programming acumen, and strength in sales and marketing.

“When you receive 150 applications for one opening, employers care ever more about quality and about qualifications,” Julia Pollak, labor economist at ZipRecuiter, told Grow in October. “If you can take some time and invest in a certification or some online qualification, that can make you more competitive in the future.”

Here are the five most in-demand skills in America’s top 50 start-ups.

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Analysis, Money Talk, Science & Technology News, Startup

Venture capital at a crossroads : Change or be forgotten

November 12, 2020

Railway crossroads serve as a reminder that trains are not the premier form of transportation they once were. The same could happen to venture capital.

Heading into the COVID crisis, Silicon Valley had reached a consensus that venture capital was going to get hit hard. In March, as the market crashed with alarming speed, new investments came to a grinding halt, and the IPO market froze completely, it seemed the most dire predictions were coming true. Today, after navigating months of uncharted waters, it is clear these doomsday expectations could not have been more wrong. However, if the industry doesn’t tread carefully, its short-term gains could pave the way to long-term self-destruction.

Venture capital in 2020 has not slowed down, it has accelerated. Whether you look at median valuation, deal count, early stage rounds, late stage mega-rounds, or IPOs, third quarter metrics across the board have raced back to historic highs. The rebound has been fueled by continued favorable macro conditions, such as tech’s outperformance in the public markets, low interest rates, regulatory tailwinds, and the fact that entrepreneurship historically outperforms in economic recessions.

The real momentum, however, stems from the much-needed structural innovation that thrives in disruption. For an industry that claims to invest in the future, it has been a long time since VC funds have been forced to innovate. Whether it is AngelList’s rolling funds, the rise of YC-style accelerators for new fund managers, or the booming popularity of direct listings and SPACs, COVID has proven to be a platform shift not only for technology, but for venture capital itself.

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Analysis, Coronavirus, Economy, Employment, Science & Technology News

At least half of people who have a job fear they’ll lose it in the next 12 months

November 9, 2020

Job losses are a concern for more than half of working adults.

New survey shows more than half of working adults fear for their jobs.

But two thirds of workers are optimistic about retraining on the current job.

Employment concerns and perceived opportunities to learn new skills vary greatly between countries.

A new Ipsos survey, conducted on behalf of the World Economic Forum, shows that more than half (54%) of working adults fear for their jobs in the next 12 months. However, these workers are outnumbered by those who think their employers will help them retrain on the current job for the jobs of the future (67%).

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Analysis, Coronavirus, Higher Education, New Viewpoints, Science & Technology News

Reimagining higher education in the United States

November 5, 2020

As education leaders consider their options in the age of the COVID-19 crisis, they must rethink the conventional wisdom.

Higher education in the United States is at an inflection point. The core mission of the university—instruction, research, and service—has not changed. Nor has the need for advanced education to prepare individuals for a fulfilling life and to drive the knowledge economy. For individuals, the economic benefit of earning a college degree remains clear. College graduates are on average wealthier, healthier, and happier over a lifetime.1

Even before the COVID-19 crisis, however, the higher-education sector faced significant challenges. Consider student completion: only 60 percent of all those who started college actually earned a degree within six years in 2017 (the latest year for which data is available). The figures are even worse for Black (39.9 percent) and Hispanic (54.4 percent) students. Other troubling disparities persist. In student enrollment, for example, 69 percent of white high-school graduates enroll in college, compared with 59 percent of Black high-schoolers and 61 percent of Hispanics. Furthermore, the level of student debt is rising, while repayment rates plummet, creating a potentially unsustainable burden for many students.

The pandemic is intensifying these challenges and creating new ones. Students and their families are struggling with the impact of campus shutdowns and questioning whether it is worth it to pay for an on-campus experience when much of the instruction is being done remotely. Under these circumstances, the risk of outcome inequities—from completion to employment to lifetime earnings—could worsen. For example, evidence suggests that lower-income students are 55 percent more likely than their higher-income peers to delay graduation2 due to the COVID-19 crisis. Underpinning all of these challenges is a business model at its breaking point, as institutions face falling revenues and rising health-and-safety costs.

In short, the coronavirus has confirmed the case for fast and fundamental change. It has also demonstrated that change is possible. When the pandemic hit, many US colleges and universities moved quickly to remote learning and other delivery models, launched affordability initiatives, and found creative ways to support their students. Now is the time to build on these lessons to reimagine the next five to ten years and beyond.

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Analysis, Automobiles, Electric Vehicles, Money Talk, Science & Technology News

Electric cars cost less to own- Consumer Reports agrees with us

November 3, 2020

We’ve been publishing “total cost of ownership” comparisons — well, forecasts — for years here on CleanTechnica. Actually, the first ones I published were probably 7 years ago or so. As electric car technology (esp. battery technology) has improved, the comparisons have gotten more and more compelling. Nowadays, any of the most advanced, most competitive electric vehicles on the market should easily outperform their gasoline-powered class competitors while costing less (unless you drive very little). Consumer Reports agrees.

Also, whereas I have to couch my analyses in paragraphs of disclaimers and notes about assumptions and disclaimers about notes about assumptions or else I’ll get chewed out by people who think I’m being too friendly to electric vehicles, Consumer Reports just blurted it out with almost no nuance in the very beginning of its press release:

“Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gas-powered vehicles on the market.”

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Analysis, brains, Employment, Life Skills, Science & Technology News

The most fundamental skill: Intentional learning and the career advantage

November 3, 2020

Learning itself is a skill. Unlocking the mindsets and skills to develop it can boost personal and professional lives and deliver a competitive edge.

The call for individuals and organizations alike to invest in learning and development has never been more insistent. The World Economic Forum recently declared a reskilling emergency as the world faces more than one billion jobs transformed by technology. Even before COVID-19 emerged, the world of stable lifetime employment had faded in the rearview mirror, replaced by the expectation that both executives and employees must continually refresh their skills. The pandemic has only heightened the urgency of doubling down on skill building, either to keep up with the speed of transformation now underway or to manage the particulars of working in new ways.

Despite this context—and the nearly constant refrain for people to adapt to it by becoming lifelong learners—many companies struggle to meet their reskilling goals, and many individuals struggle to learn new and unfamiliar topics effectively. We believe that an underlying cause is the fact that so few adults have been trained in the core skills and mindsets of effective learners. Learning itself is a skill, and developing it is a critical driver of long-term career success. People who have mastered the mindsets and skills of effective learning can grow faster than their peers and gain more of the benefits from all the learning opportunities that come their way.

This article, supported by research and our decades of experience working as talent and learning professionals, explores the core mindsets and skills of effective learners. People who master these mindsets and skills become what we call intentional learners: possessors of what we believe might be the most fundamental skill for professionals to cultivate in the coming decades. In the process they will unlock tremendous value both for themselves and for those they manage in the organizations where they work.

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Analysis, Corporate Manipulation, Energy, Environment, Science & Technology News

Sociologist : When fracking becomes a mental health disaster

November 3, 2020

“What’s stressful is the unknowns and how this industry is operating behind a curtain all the time.”

Fracking’s devastating impact on our health and the planet, not to mention its contributions to climate change, are extremely well-documented. What’s not as well understood, however, is how it impacts our mental health.

As it turns out, Colorado State University sociologist Stephanie Malin wrote in The Conversation, the answer is “quite a bit.” As she describes it, the problem is two-fold: stress and other direct impacts caused by the increased noise in the area, and then a feeling of powerlessness to do anything about it.

Citing her own research in the journal Energy Research & Social Science, Malin argues that fracking leads to serious mental health issues throughout Colorado — and that those affected are being overlooked.

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2021 Predictions, Analysis, Education, Employment, Science & Technology News

These are the top 10 job skills of tomorrow – and how long it takes to learn them

October 31, 2020

Founder and Executive Chairman of World Economic Forum Klaus Schwab speaks during a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland January 23, 2020.

Professor Klaus Schwab says technological innovation can be leveraged to unleash human potential.

50% of all employees will need reskilling by 2025, as adoption of technology increases, according to the World Economic Forum’s Future of Jobs Report.

Critical thinking and problem-solving top the list of skills employers believe will grow in prominence in the next five years.
Newly emerging this year are skills in self-management such as active learning, resilience, stress tolerance and flexibility.
Respondents to the Future of Jobs Survey estimate that around 40% of workers will require reskilling of six months or less.
Half of us will need to reskill in the next five years, as the “double-disruption” of the economic impacts of the pandemic and increasing automation transforming jobs takes hold.

That’s according to the third edition of the World Economic Forum’s Future of Jobs Report, which maps the jobs and skills of the future, tracking the pace of change and direction of travel.

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Analysis, Big Data, Business, Science & Technology News

The ‘failure’ of big data

October 30, 2020

In a May 2011 special research report, Big data: The next frontier for innovation, competition, and productivity, the management consulting firm McKinsey put forth the case that “Big data will become a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus.” The McKinsey report went on to note that, “The amount of data in our world has been exploding. Leaders in every sector will have to grapple with the implications of big data, not just a few data-oriented managers. The increasing volume and detail of information captured by enterprises, the rise of multimedia, social media, and the Internet of Things will fuel exponential growth in data for the foreseeable future.”

General usage of the term “Big Data” can be traced to the McKinsey report and similar reports from IBM that ensued around this time. The McKinsey report was prescient in its observations that “Leaders in every sector will have to grapple with the implications of big data, not just a few data-oriented managers.” In retrospect, this was the key insight. From this point forward, interest in data would no longer be limited to the purview of “a few data-oriented managers,” but rather would become the purview of “leaders in every sector.” The McKinsey report went on to describe the advent of the era of Big Data as heralding “new waves of productivity growth, innovation, and consumer surplus.” The report contained one important caveat however, noting that these advances were all predicated “as long as the right policies and enablers are in place.”

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Analysis, Big Problems, Brain, Science & Technology News, Trending

IQ rates are dropping in many developed countries and that doesn’t bode well for humanity

October 28, 2020

IQ rates are dropping and we’re too stupid to figure out why.

An intelligence crisis could undermine our problem-solving capacities and dim the prospects of the global economy.

IQ rates are falling across Western Europe, and experts are scratching their heads as to why.May 22, 2019, 2:31 AM MDT

People are getting dumber. That’s not a judgment; it’s a global fact. In a host of leading nations, IQ scores have started to decline.

Though there are legitimate questions about the relationship between IQ and intelligence, and broad recognition that success depends as much on other virtues like grit, IQ tests in use throughout the world today really do seem to capture something meaningful and durable. Decades of research have shown that individual IQ scores predict things such as educational achievement and longevity. More broadly, the average IQ score of a country is linked to economic growth and scientific innovation.

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Analysis, Coronavirus, Housing, Science & Technology News, Trending

COVID-19 has changed the housing market forever. Here’s where Americans are moving (and why)

October 21, 2020

Amid all the uncertainty brought on by COVID-19 over the past six months, one thing is assured: the pandemic has re-ordered real estate markets across the board on an unprecedented scale.

Some of this may be irreversible. Real estate’s re-sorting this time isn’t just based on markets crashing (the Great Recession), political turmoil (the 1979 oil embargo), or financial speculation (the first and second dot.com busts)—after which there’s generally confidence that overall consumer demand and buyer preferences will sooner or later snap back to normal.

Thanks to the COVID-19 pandemic, more deep-seated, tectonic-sized questions beyond markets and interest rates are being asked this time around that no one really has the answers to yet—like will people feel safer living in the south and southwest where they can spend all year social distancing outside? What if companies let workers work remotely for the rest of their lives? Why go back to retail shopping when I’m already ordering everything online? What’s the point of living “downtown” if half of the restaurants, bars, and museums never open back up?

How these questions get answered will fundamentally re-order how Americans live in the “new” pandemic normal, and as a result will play a huge X-factor in which cities and states will experience growth, demand, and price appreciation over the next 3-5 years, and which ones will stagnate and lose out. More broadly for large metropolises like Washington, D.C., New York City, and Philadelphia, the answers risk slowing or even reversing a wave of gentrification and wildly profitable downtown revitalization that’s been accelerating since before the Great Recession.

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