OCCUPATIONAL TRENDS

These briefs identify articles of national significance from reliable sources that can be accessed for further information. NCDA does not guarantee these briefs. Members may submit briefs - click here for the Submission Form. For submission questions, contact Charles Lehman 
 charlesj.lehman@gmail.com

Skilled Labor Force is Critical

Increasingly, technical firms are relocating or expanding only in cities with the right worker supply. They consider this by far the most important resource. (Wall Street Journal April 13, 2016)

Economists Recommend Career Counseling

Behavioral economics indicates people have a bias toward short term, easy, visible and status quo decisions which may not be the best means of job decisions making. Interests, fulfillment and purpose which can be provided through internships, mentors and career counseling are more important than pay and prestige. (Finding a Job That Works for You, New York Times March 25, 2016)

Finance Jobs Automated

Computers may replace over a third of stockbrokers and financial specialists in next 10 years as automation of more high skill job categories accelerates. (New York Times Magazine 2-28-16)

College Graduates Job Outlook Much Better

Employment and wages for recent graduates have substantially improved. Certain majors such as engineering continue to show best prospects. Data for all majors in report. (Federal Reserve Bank of New York January 2016).

Need for Public and Private Focus on Helping Young People To Be Career-Ready

A leading university president and a CEO of a large financial firm agree that graduating from a four-year college is not the only path to career-readiness. Today, over five million young people are neither working nor in school, which slows economic growth and increases social challenges. Students and families should be informed of all the various educational options so as to achieve middle class status. (USA Today January 20, 2016)

Automation Impact on Skilled Workers

Recent research on artificial intelligence in the workplace in general and lawyer automation specifically contends that computerization may not end up displacing professionals as much as earlier studies feared.("The End of Lawyers? Not so Fast" New York Times January 4, 2016)