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College Graduates Job Outlook Much Better
Employment and wages for recent graduates have substantially improved. Certain majors such as engineering continue to show best prospects. Data for all majors in report. (Federal Reserve Bank of New York January 2016).
Need for Public and Private Focus on Helping Young People To Be Career-Ready
A leading university president and a CEO of a large financial firm agree that graduating from a four-year college is not the only path to career-readiness. Today, over five million young people are neither working nor in school, which slows economic growth and increases social challenges. Students and families should be informed of all the various educational options so as to achieve middle class status. (USA Today January 20, 2016)
Automation Impact on Skilled Workers
Recent research on artificial intelligence in the workplace in general and lawyer automation specifically contends that computerization may not end up displacing professionals as much as earlier studies feared.("The End of Lawyers? Not so Fast" New York Times January 4, 2016)
Limited Pay Increases
Overall US real wage rates have not risen in six years despite falling unemployment due to such reasons as outsourcing, off shoring, temps, subcontractors, part timers, on call, pay for performance, oversupply of lower skilled workers, and corporate budget policies. (New York Times November 1, 2015)
Housing Construction Worker Shortage
Home builders nationally report a severe lack of qualified carpenters, drywall workers, electricians, bricklayers, plumbers and other skills. Reasons include low wages, reduced school vocational training, and tougher immigration policies. (Wall Street Journal October 13, 2015)
Medical Examiners Needed
A national shortage of forensic pathologists exists due to the relative low pay in government and the nature of the work. It is estimated that 500 more are needed to meet autopsy needs. (Wall Street Journal October 18,2015)
Will people be in good enough mental and physical condition to work for up to 80 years?
Will a standard retirement age of 100 really be possible? Within a century, various kinds of work (think: counsellor, a classroom assistant, a building instructor or a chef) could be done just as easily by a nonagenarian as a twentysomething. (BBC News Magazine, October 8, 2015).