CareerBuilder’s annual job forecast has 36 percent of employers expecting to add full-time, permanent positions in 2015. This year’s outlook is up 24 percent from last year and the best since 2006. Continue reading… “Employment trends for 2015”
The topic of job displacement has, throughout US history, ignited frustration over technological advances and their tendency to make traditional jobs obsolete; artisans protested textile mills in the early 19th century, for example. In recent years, start-ups and the high-tech industry have become the focus of this discussion. A recent Pew Research Center study found that technology experts are almost evenly split on whether robots and artificial intelligence will displace a significant number of jobs over the next decade, so there is plenty of room for debate.
Machine learning is advancing at exponential rates. Many highly skilled jobs once considered the exclusive domain of humans are increasingly being carried out by computers. That may be good or bad depending on whom you talk to. Technologists and economists tend to split into two camps, the technologists believing that innovation will cure all ills, the economists fretting that productivity gains will further divide the haves from the have-nots.
Google Chairman Eric Schmidt
Eric Schmidt, Google’s Chairman, wants to play nice with the European Union, but he isn’t about to give in to calls for regulation. “Europe needs to accept and embrace disruption. The old ways of doing things need to face competition that forces them to innovate,” he wrote in an op-ed for Digital Minds for a New Europe, the European Commission’s new tech series. “Uber, for example, is shaking up the taxi market — for the good. It offers riders convenience and cheaper fares. Understandably, the incumbent taxi industry is unhappy.”
The most dominant industries in the United States look a lot different than they did less than 25 years ago. From 1990 to 2013, the top industries by employment have changed from mostly manufacturing to mostly health-care and social-assistance jobs in the majority of states, according to a U.S. Bureau of Labor Statistics data analysis of its Quarterly Census of Employment and Wages.
Fast forward to 2024. Robots have not completely taken over but they and automation have definitely changed the landscape of work. This isn’t meant to be a crystal ball into our future world but rather an attempt to extend what we already see happening in work and the movement of these practices from the fringes of ‘innovative workplaces’ to the mainstream. Being a worker in this future world might look something like this…
There are many differences between the president’s terms. Overall employment was smaller in the ’80s, so a different comparison might be to look at the percentage change. Of course the participation rate was increasing in the ’80s (younger population and women joining the labor force), and the participation rate is declining now. But these graphs give an overview of employment changes.
Machines are often filling in for our smarts, not just for our brawn — and this trend is likely to grow.
Although last week’s labor market report showed modest job growth, employment opportunities remain stubbornly low in the United States, giving new prominence to the old notion that automation throws people out of work.
Futurist Thomas Frey: It’s easy to spot signs of desperation in people’s eyes. With unemployment rates at persistently high levels and young people unable to find jobs from one year to the next, we have become a society seething with anxiety.
Wall Steeters are richer and harder to find than your average New Yorker.
The Office of the New York State Comptroller each year does a deep dive into Wall Street employment and compensation. The office has released its report for 2012, and as usual Wall Street salaries trounced the average New Yorker’s.
Please learn a little computer programming.
Kirk McDonald: Dear college graduates: The next month is going to be thrilling as you cross this major milestone in your education. Enjoy the pomp and circumstance, the congratulations, and the parties. But when it’s all over and you’re ready to go out into the world, you’d probably like to meet me, or others like me—I’m your next potential dream boss. I run a cool, rapidly growing company in the digital field, where the work is interesting and rewarding. But I’ve got to be honest about some unfortunate news: I’m probably not going to hire you.
Job sprawl stalls in metropolitan areas.
As policymakers and regional leaders work to grow jobs and connect residents to economic opportunity following the Great Recession, where jobs locate matters. The location of employment within a metro area intersects with a range of policy issues—from transportation to workforce development to regional innovation—that affect a region’s long-term health, prosperity, and social inclusion.