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LABOR MARKET TRENDS & REALITIES
People are changing jobs more now
than ever before
More college graduates are now
entering the job market
More jobs will require skills in
computer and media technology
The economy is becoming more global,
more international
The workplace is becoming more
diverse
Fewer job opportunities exist in
larger corporations
Many new job opportunities now exist
in small businesses
Service sector jobs are growing more
rapidly
Most jobs are still not advertised
WELCOME TO THE REAL WORLD
"Almost everybody will have many
careers... 1 in 5 people now
change jobs every year. 1 in 10
people change careers or occupations
every year... The average person
entering the job market can expect
almost no security from their
employer... Security will have to
come almost entirely from the
individual... and through
self-improvement... Every
career-oriented person will have to
have many educations... There will
be no such thing as a career...
There will be many careers in many
firms at many locations. The most
important thing to prepare yourself
for is to change... and to take
total responsibility for your
continuing education... your own
retirement... health care... and
life insurance."
-DR. DAVID BIRCH
"Every year, three new technologies
emerge as four old technologies
become obsolete."
-KIPPLINGER
WASHINGTON LETTER
"Millions of American workers today
earn a living in occupations that
did not exist at the beginning of
the 20th Century. Job destruction is
occurring in such occupations as
railroad employees, telegraph
operators, cobblers, switchboard
operators and farm workers. Job
creation is occurring in such
occupations as airline pilots and
mechanics, medical technicians,
engineers, computer programmers,
professional athletes, tv and radio
announcers and optometrists."
-MICHAEL COX & RICHARD ALM
"Corporate America is no longer the
bastion of security it was in the
past... Job seekers have to be
entrepreneurial."
-BOB WEINSTEIN
"Because business has become
increasingly more competitive,
companies must do their homework as
never before in looking for
prospective employees. Every single
job applicant must be evaluated not
only in terms of technical know-how,
but also in terms of how he or she
will fit into the culture of the
organization."
-KENNETH & SHERYL DAWSON
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Information
THE CHANGING WORKPLACE
"People will have to take more
responsibility for their careers...
assessing their strengths and
weaknesses, planning schooling and
job paths. The days are gone when
just about anyone could step into a
lifetime job with regular pay
raises, promotions and a good
pension at retirement. They will
have to be skilled in something that
the market needs. Those without
something to offer will have a hard
time making a living.
Constant upgrading and retraining
will be needed by most workers.
They'll have to understand the
entire business, not just their own
jobs. There will be more
outsourcing. Temps, part-timers and
contract workers will be added as
needed, complementing a smaller
number of fulltime, long-term
company employees.
This means less job security for
many workers and often less loyalty.
Most employers want to provide
security, but they can't be more
generous than the marketplace
allows. That's why honing a skill is
so important. If your job becomes
unnecessary, it won't be enough to
be a hard worker. You'll need a
marketable skill that you can take
from company to company. Those who
work on sharpening their talents
will do all right.
In a downturn, managers will try
hard to hang on to their best
employees. If skilled workers lose
their jobs, they'll be the first
hired elsewhere.
Ability to work as part of a team
will be essential to success as
companies rely on their people to go
beyond their narrow specialties.
Technology will revolutionize the
workplace in the years ahead.
Millions of people will work from
their homes, dealing with
co-workers, customers and suppliers
by computer.
Productivity advances will occur.
Using new technology, an Alabama
plant makes more steel with 3000
workers than it did 30 years ago
with 30,000 workers.
The US will create nearly 14 million
jobs through 2010, a slower pace
from the previous decade.
The Hispanic share of the workplace
will increase 25%. Asians, around
50%. African American will stay
about the same. Minorities will keep
moving up the corporate ladder.
Managers who know how to deal with a
diverse workplace will have an edge.
Lots of opportunities for women, who
now own a third of all US firms and
will hold about half of all jobs."
-KIPLINGER WASHINGTON LETTER /
WASHINGTON DC 1996
POSITIVE UNCERTAINTY
Due to significant changes in the
workplace, the worker of the future
will necessarily be more
self-reliant. The worker of the
future will need to be a
"self-developing person," "one who
uses personal agency," or "one who
can adapt to change." The worker of
the future will need to be
resilient, and adopt an attitude of
"positive uncertainty," thereby
shedding obsolete beliefs and narrow
views of the past in order to
develop a future sense.
Consider the profile of such a
future worker and note how it
reflects basic shifts in thinking
and newly evolved modes of action...
Does not feel entitled... Assumes
responsibility for the future...
Assumes a lifelong learning
responsibility... Dismisses
obsolete beliefs about work... Does
not take any job for granted...
Assumes that personal involvement is
key to success... Depends on own
initiative... Views the future with
vision and imagination... Has
little fear of change... Can deal
with uncertainty and ambiguity...
Believes creativity is a basic
requirement... Believes good
interpersonal relations is an
employee's responsibility... Is
completely receptive to new
ideas... Assumes that there are few
guarantees for the future...
Assumes that the organization does
not owe anyone a career...
Cooperates with teams of workers and
supervisors... Develops methods to
improve effectiveness of job
assignment... Exhibits high levels
of resourcefulness and
imagination... Takes advantage of
opportunities to develop skills and
increase learning... Develops
overview and knowledge of work
environment and company purpose...
Demonstrates how things can be
improved... And assumes total
responsibility for career
development.
FLEXIBLE CAREER
To meet the challenges of the future
workplace, careers must be flexible
and adaptable, subject to constant
change, able to adjust to any new
task or situation. Flexible careers
are fast becoming the careers of the
future and the careers of workers
who, being future-oriented, do not
define themselves too narrowly.
Utilizing the flexible career model,
we see that a career is managed by
the person, not the organization.
The worker is self-reliant. The
worker, assuming him or herself to
be self-employed, takes full
responsibility for his or her own
career development and professional
advancement. In the workplace of the
future we are all "contract
workers." Since a career is a
lifelong series of changes and
continuous learning, career
development is more focused on
learning.
As organizations become more
dynamic, less static, there is an
increasing need for a flexible
workforce. Many more positions will
be temporary. In fact, the mindset
of the self-reliant worker of the
future is to approach all jobs as
though they were temporary. The
number of jobs a person works in a
lifetime is increasing.
Consequently, the individual is less
committed to the company and more
committed to his or her career. The
career follows the individual from
company to company.
Under the new model, the company is
less committed to the individual.
Employers feel less responsibility
for and less loyalty to employees.
Job security is no longer an
external element but an internal
element. Therefore, job security and
career advancement are the
responsibility of the individual not
the organization. In the workplace
of the future, advancement is not
synonymous with upward mobility.
Transition is a desired movement, an
opportunity to grow and develop, but
it may not always be vertical.
Lateral moves are not seen as
negative. Gone are the days of
climbing the corporate ladder. The
old model "career ladder" is
replaced by the new model "career
lattice."