OCCUPATIONAL TRENDS

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GOOD JOBS IN MANUFACTURING APPRENTICESHIPS

With over 2 million US manufacturing jobs expected to be unfilled over the next 10 years, more companies are starting apprenticeship programs. Nearly 90% of program completors are finding employment at at a $50,000 or higher annual salary. ("US Turns to Germany (Model) to Fill Jobs" Wall Street Journal September 27, 2016).

Continuing Employment Shortages in Information Technology

Computer jobs remain in very high demand worldwide with widespread quantified worker shortages reported and salaries increasing. Best specialties are analytics, project management, and business analysis ("What Technology Skills are in Demand" Wall Street Journal June 15, 2016)

High Technology Manufacturing Workers Needed

Facing an expected major shortage of advanced manufacturing workers, employers are using videos, virtual reality, career fairs and peers to recruit for jobs that are very hi tech and pay well. ("Help Wanted: Manufacturers Target Millennials" Wall Street Journal June 8, 2016)

 

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)

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)