With the surge into a digital and information age more jobs have become available. According to BLS (Bureau of Labor and Statistics) twenty million jobs will become available between 2010 and 2020. An interesting factor is that jobs that didn’t seem to exist or seem worthwhile have evolved into becoming lucrative. Who would have thought of jobs like app developers, educational consultants becoming valued and high paying ten years ago?
But just as new jobs are emerging and rising in the labour market, so are certain jobs becoming obsolete. Certain jobs or careers existing now would either disappear or become undervalued in the next couple of years. Industries that have been hit are the printing industry, postal services and textiles.
How do you know your job is about to become obsolete?
A decreased workload
When you are assigned less work, then it should start giving you a major cause of concern. The situation becomes more serious when your responsibilities are more suited to you and these are minor tasks.
If you are asked to start training other employees to do what you do; your position is becoming obsolete.
Company Stock Continues to plummet
If you have not started paying attention to the stock market yet, then you should make this a top priority. You need to start studying the current stock performance and what analysts are saying about your company for a truer picture of what to expect in the future. Sometimes company earnings drop and would possibly rise again soon but if it continues to plummet then you should be concerned.
Although it is not totally bad, a shuffling of management or getting new bosses always signal something is about to change or happen. It is always better to pay attention to why there is an organisational reshuffling. At least to figure out where you fit in the new scheme of things.
Machines have taken over
If you are a pilot, train driver or a postal service mail carrier you should know you are living on borrowed time. The fast-changing technology and the high reliance on automation; means that many traditional jobs will be taken over by machines. It is wise to know that your days are numbered if your job is about to be a victim of the “machine takeover”. So you need to be wary if technology has suddenly made you a middleman.
Company starts ‘offshoring’ and outsourcing
Companies rarely do this but once they do, if it goes well and saves them money, there’s nothing to stop them from getting rid of the expensive employees nearby.
When your company starts hiring overseas workers to in-house jobs you should start worrying about your prospects of being around much longer.
The human resources department tends to be more busy than usual during reorganisations and downsizing. And it’s not the usual, happy tempo. HR departments are not always excited about letting go of people they have hired. An unhappy HR is a bad sign.
It is always important to pay attention to signs or sudden changes in your organisation as to whether it will affect you positively or not. There is an unstable economy out there and times are changing rapidly. It is better for you to either pay attention to the trends or get caught by it.
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