Where – oh Where have all the jobs gone?
Where – oh Where Will New Work be found?
Some people think of change as “evolutionary” – these folks are mostly to be found in the government and educational sectors where, while opportunities are changing, they are changing at a relatively planned pace. For the rest of us; revolution is at the gates of change. Either way; get ready – this is not your parent’s workforce!
Where have all the jobs gone?
Let’s look at postal workers as an example of evolutionary change. They rank number #1 in numeric decline in terms of DOL stats. Decline in the world of these union workers means that while the Post Office is still hiring on a limited basis they are letting many eligible retirees leave without replacements. For instance, according to their own data, the Postal Service has offered several thousand workers $10,000 each to retire early as the agency reduces hours throughout the country.
According to the Bureau of Labor Statistics, “The manufacturing sector is expected to have 814,000 fewer new job openings by 2024 compared to 2014, while new federal government job openings are expected to contract by more than 383,000.”
Where is new work to be found?
On the flip side, thousands of health care and social service workers are being engaged, as are hospitality and tourism workers and others in service industries. STEM workers, likewise, are in high demand.
The catch in the hiring process is that many are not being hired in regular, full-time jobs, but rather engaged when and as necessary, typically found in the seasonal retail industry.
What are the lessons to be learned?
The world of work has changed. It is expected that by 2020, between 40-50% of the private sector workforce will be comprised of “flexible” workers who will work when needed and as long as needed. Government and Education sectors will continue their slower march to the same model. But, make no mistake, this portends a new U.S. workplace emerging today.
The Emerging New Flexible Workplace
Not Needed Full-Time, Not Hired Full-Time
Average Length of Regular, Full-Time “Jobs” – Continues to Drop
Right Skills More Important than Wrong Degree
Q: Is this threat or opportunity?
A: It is a threat for the unprepared, and an opportunity for the prepared.
So, the question remains:
Are YOU Ready?
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