The Ever Changing Job Market

An article done by Pew Research Center last month highlights the changes in Americans’ perspectives on training required for the job market, and the actual changes currently going on in the job market. One of the findings in their analysis of the O*Net and Monthly Current Population Survey data, known as IPUMS, was that from 1980 to 2015 there has been  a 68% increase in jobs requiring more preparation- education, training and experience- doubling the 31% increase in jobs with lower levels of preparation. Americans are also keenly aware of this change, as shown from a survey of adults conducted over the summer for this piece, approximately 87% said that training and skills development over their lifetimes is either Essential or Important to career success.

How economic change is reshaping the workplace

The training that is required for the current job market is  highlighted later, when the center asked what are the specific traits required to success. 82% again echoed that access to training is extremely to very important to job success.  85% of respondents saying it is extremely important or very important to social skills- ability to work with people of diverse backgrounds, and training in writing and communication- and also having a detailed understanding of how to use computer technology. And over 60% of respondents also stated that knowing a programming language or having training in math or sciences was extremely or very important to job success. This is also echoed in actual employment growth where occupations requiring high levels of social and analytical skills have had a 83% and 77% increase from 1980 to 2015 respectively, compared to the 50% employment growth increase overall during that same period.  Another point to highlight is that job growth in jobs requiring physical skills has only a 18% increase which if broken down by specific industries. From 1990 to 2015 we see that jobs such as mining and logging have only had a 7% increase in employment, where as other physical labor jobs such as Utilities and Manufacturing have reported 25% losses in employment over that time.   

Link To Article:

Tyler Aman

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