Tech Innovation Is Redefining the Job Market

By Dennis McCafferty
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    Machine Trumps Man

    Machine Trumps Man

    21% of employers surveyed—and 30% of hirers at firms with more than 500 employees—said their companies have de-skilled workers.

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.

This article was originally published on 2014-08-25
Dennis McCafferty is a freelance writer for Baseline Magazine.
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