Changing jobs is hard. How do we get the American worker ready?
By 2030, as many as 375 million workers will change occupation categories. Another 400 to 800 million could be displaced by automation and required to find new jobs entirely.
In today’s political environment, leaders across industries and party lines hardly agree on anything. But when it comes to the future of work, practically everyone thinks one thing will be essential: retraining.
“We almost need to rethink our whole skilling ecosystem to make sure that not only is there closer alignment between what employers need and what the training institutions can provide, but also in a way that keeps up with the rate of evolution in the technologies themselves,” said McKinsey Chairman James Manyika in an October episode of LinkedIn’s Work In Progress podcast.
Manyika, who spearheaded the startling research on job changes in the future, wasn’t the only guest on Work In Progress this season to communicate the importance of job retraining programs. Whether it was TaskRabbit CEO Stacy Brown-Philpot talking to us about the growing gig economy, Walmart COO Judith McKenna discussing the evolution of retail jobs or Box CEO Aaron Levie advocating for changes to our tech education system, nearly every one of our guests this year believes that the constantly learning new skills will be essential.
“We need to have the largest employers in the country be doing more to either provide retraining support for their employees or access to whatever these sort of next set of jobs are that might be likely based on the skillset of an individual,” Levie said on the show in August.
While it’s clear that retraining programs are a solution that most people can get behind, their effectiveness is still very much being refined. Washington Post Staff Writer Amy Goldstein chronicled the five years that passed after the oldest GM plant shutdown in 2008. The plant, in Janesville, Wisc., was a 4.8-million square foot facility that produced cars and trucks for GM since 1923. When the last Chevy Tahoe rolled off the line in the beginning of the Great Recession, workers were making about $28 an hour.
Her latest book, Janesville: An American Story, focuses on many issues impacting the future of the economy. Yet one of her major findings is that retraining programs are inadequate solutions for many factory workers who lost their jobs.
“People who had retrained overall were less likely to have work,” Goldstein shared with us on the latest episode of the show. “The difference between their [wages] before the recession and a few years afterwards was a bigger slide downwards than compared to people who had not gone back to school.”
Goldstein’s finding exposes a large disconnect between the current rhetoric around solutions for the changing workplace and what will actually prepare both blue collar and white collar employees for the jobs of the future. While retraining on paper might seem like a good idea, Goldstein discovered that both losing work and having to start over in a new job are emotionally challenging for most workers. In other words, many workers feel their identity is tied to their job. That means when you ask them to change jobs it's not just as simple as learning a new skill or showing up at a new place for work every day.
In a survey she conducted alongside a couple of University of Wisconsin academics, Goldstein found that about half of respondents had lost sleep over changing jobs. When asked if they felt ashamed or embarrassed to be out of work, more than half said yes.
“Even when you're losing work at a time when thousands of your neighbors are losing the same kind of jobs, at a time when the country's in a very bad shape, and jobs are disappearing of all kinds, in all kinds of communities, the loss of your work still feels very, very personal,” she said.
We want to hear from you. Are changes happening in your industry that are making it challenging for you to get by? Did you recently lose work and are considering a retraining program of some kind? Tell us your story in the comments below using #WorkInProgress and listen to this week’s full episode above.
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Finding my purpose...by accident.
6 年Automated factories will manufacture products that will be shipped out to automated distribution centers via driverless trucks, waiting to be purchased. This purchasing and resultant shipping will be processed by AI and shipped through driverless delivery systems. Too many variables are being set to zero. How many humans will have a wage to make a purchase with? Time for major shift in... everything!
A.I. Writer, researcher and curator - full-time Newsletter publication manager.
6 年This is the best editorial content currently on LinkedIn.
A retired old guy who loves people and is happy to share my (FREE) advice, mistakes, valuable career and life lessons, good and bad experience, wisdom - and some funny stuff, too. Please FOLLOW and CONNECT WITH ME.
6 年Caroline, you ask an extremely important question. I have two very specific answers that will solve this problem. First, minimize government regulations so that businesses can create jobs. Jobs will become plentiful. One of the reasons for so much automation is that it was too expensive for businesses to employ people and obey all of the bureaucratic mandates. Cutting taxes will also allow businesses to grow and employ more people. Second, for those who need to transition in their career - there's help. Go to this website: https://fitfirstjobs.com/ Many people would like to change jobs, but they don't know how to make the right decision, or where to go. Most career counselors don't give good advice, either. This process is based on psychmetrics, processes and data that has been used in several States' employment systems. While there are 'jobs of the future' those jobs will be remarkably similar to the jobs of today. Whatever the timeframe, people will still be people. We CAN help people find the right jobs now. We spend too much time discussing and 're-inventing the wheel.' This works. If you'd like to discuss this, please contact me directly.
Retired educator
6 年WOW, 2030 seems so far away.... It's just a dozen years. A new born will be 12, a kindergarten student will be starting college, and today's middle, high, & university students will be rethinking their paths, more so than we do today. Which brings us back to learning how to learn.