25 June 2017

We Are Living In A Disruptive Era: Is Your Job Secure?

Let's get right to the point with some excerpts and an inforgraphic insert from this
Is Your Job About To Disappear?:
. . . some economists believe that the world is on the cusp of much bigger change, on the scale of the revolution brought about by industrialization in the 18th and 19th centuries.

Researchers at the University of Oxford estimate that nearly half of all U.S. jobs may be at risk in the coming decades, with lower-paid occupations among the most vulnerable.

Top 10 Job-Losing Subsectors in the U.S. 1

Goods
Services

The effect on labor markets of free-trade agreements and increased immigration has already caused significant political upheaval, as the resurgence of populism in the U.S. and Europe demonstrates. But some economists believe that the world is on the cusp of much bigger change, on the scale of the revolution brought about by industrialization in the 18th and 19th centuries. Researchers at the University of Oxford estimate that nearly half of all U.S. jobs may be at risk in the coming decades, with lower-paid occupations among the most vulnerable.
Top Job-Losing Subsectors as of April 2017
Goods

Services

Retail



Wired telecommunications carriers
–27.2K
Department stores
–26.8K
Sporting goods and musical instrument stores
–15.5K
Electronics stores
–15.0K
Clothing stores
–14.4K
The retail industry alone accounted for four of the ten subsectors with the biggest losses in the first four months of 2017, compared with the same period a year earlier
Newspaper, book and directory publishers
–14.0K
Semiconductors and electronic components
–10.9K
Spectator sports
–10.7K
Aerospace products and parts
–10.4K
Printing and related support activities
–10.2K


Data: Bureau of Labor Statistics
 
Is Your Job At Risk? 2

  • Doctoral or Professional Degree

  • Master’s

  • Bachelor’s

  • Associate’s

  • Postsecondary Nondegree Award

  • Some College

  • High School Diploma or Equivalent

  • No Formal Education Credential
  •  
 
 

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