UNEMPLOYMENT / SEP. 09, 2014
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47% of Jobs in the US May Vanish at a Brisk Pace – Is Yours at Risk Too?

Most people agree that the world of employment will be different a few years down the road. Some even think the future has already come. Many forms of automation like the coming of robots are not only destroying jobs at a brisk pace but pushing many jobs into extinction.

The revolutionary changes that we see today were expected 15 years ago. Experts have always been warning against the daunting changes, which unfortunately is happening today. The recent “job apocalypse” is owed to many technological developments. They also result in two compelling effects:

a)      Increase in production

b)      Job destruction

Technology developments now and then

Until now, invention of new technologies meant improved production, reduction in manufacturing cost and recruitment of people with new skills. This way, there always was a demand, resulting in new kind of job openings or jobs that require new skills.

These skills are usually acquired through advanced education. People who have the required qualification and skills are rewarded with promising jobs and higher salaries.

This is the way it has worked in the past few centuries.

But today, technological developments are threatening to change the course of history.

According to Oxford University researchers - Michael A. Osborne and Carl Benedikt Fiery, 47% of jobs in the United States are at ‘high risk’ of being replaced by robots in a decade or two. Not just production jobs, robots may take over a number of low-skilled jobs too.

Surprisingly, the list of jobs under threat also includes physicians and lawyers, along with accountants, architects, tax preparers, loan officers, roofers and paralegals. Jobs that require lesser skills like sales, retail cashiers, toll booth operation, telemarketing and postal workers are even more susceptible. Professional drivers too, are at risk thanks to Google’s efforts in developing self-driving cars.

Advances in computerization and technology have overtaken man’s ability to find new methods of creating jobs. Another factor leading to the cause is the fact that employees with higher education are increasingly accepting jobs traditionally done by lesser-skilled workmen. This results in blowing away employees with lesser skills or lesser education, entirely out of the workforce.

What can you do about this? 

Although, no one is absolutely sure about what’s going to happen to their careers in the future, it would be better to study how things have changed over the years with regards to your job. You must also learn what is coming up in your field of work.

For instance, if transcription is what you love doing or what you have been doing, you must know that this profession is definitely under treat. With a host of voice-recognition software coming up and their qualities improving so fast, you definitely have enough reasons to worry. So what should you do? Keep an update on how the software is coming up. You must have a ‘Plan B’ as you know that these software programmes may take over your job at any time.

On the other hand, creative jobs like content writing, photoshop work etc. may never be replaced by machines. Consider getting into these kinds of jobs.

If you have just finished your studies and you are looking for a job, you must be very careful in choosing the right one. While your passion is important too, you must look for job that will last long.

So which job do you think will last long? Share your thoughts in the comment section below.     

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