Tech Innovation Is Redefining the Job Market
When it comes to the employment picture, IT is creating a greater number of new positions than it's eliminating, according to recent research published by CareerBuilder. However, the technology industry is the main target for what's called "de-skilled" workers: those whose jobs are being replaced by automation. What's clear is that private industry, federal/state/local governments, and both K-12 and higher educational leaders will have to work together to boost students' interest and capabilities in fields of science, technology, engineering and math (STEM). "While automation may eliminate some jobs, it also creates other jobs that are higher paying, and [that] lifts the standard of living for the economy as a whole," says Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation. "One of the greatest challenges the U.S. faces today is sufficiently preparing the workforce for the influx of more knowledge-based jobs that will likely result from progress in robotics and other STEM-related fields." Nearly 2,200 hiring managers and HR professionals took part in the research. Additional research was compiled through analysis of more than 785 occupations recognized by the U.S. Bureau of Labor Statistics.