Mid-Month Minute 7/15/24

Mid-Month Minute - July 15, 2024 - by Jim Beiermeister

Being in the staffing industry I am naturally immersed in the evolving labor market and related workforce development implications. Lately, like many, I have been witnessing the profound impacts of automation and artificial intelligence on various industries. Automation undeniably boosts productivity and efficiency, but it also stirs fears of joblessness and displacement. Sectors with routine, repetitive tasks (call centers, customer service, administration, accounting etc.) are especially vulnerable because these tasks can be automated more easily than others. However, the flip side is that automation creates new job opportunities (R&D, leadership, recruiting, advertising etc.) requiring advanced problem-solving abilities, creativity, and interpersonal skills. To mitigate the negative impacts, and foster the upside, prioritizing re-skilling and up-skilling programs to match ‘the future of work’ is crucial as workers need to be equipped with the skills essential for future roles. Moreover, collaboration between policymakers and the business community is vital. Together, they can foster an environment that embraces automation while ensuring the welfare of the workforce amid these labor market shifts. This partnership can help create policies that support both technological advancement and job security, providing a balanced approach to navigating the changing landscape of jobs, careers and overall societal growth & advancement.

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Mitten Stuff – Michigan’s Isle Royale Deemed Best US National Park

Cutting Edge Tech – GenAI to Assist w/ 25% of Software Design, Augment Work for Pros

Recruit or Be Recruited – How Non-Traditional Education Is Preparing Tech Talent for the Future

On the Calendar – ?Startup Detroit Happy Hour / Purpose Jobs = July 23rd @ 5pm

[Un]employment Rate – National = 4.1% | Michigan =? 3.9% | IT = 2.5%

Hot Job – NAIS Consultant

Bonus – Say What? Your Guide to Decoding Modern Acronyms: From ALICE to FIRE

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