The
BLS (Bureau of Labor Statistics) employment situation report for November
notes signs
of growth
with 2016 in general having had an
average of 180,000 employment growth per month.
The
White House's summary
of November's employment situation highlights this positive aspect:
The economy added 178,000
jobs in November, extending the longest streak of total job growth on
record, as the unemployment rate fell to 4.6 percent.
In
December, the White House was pleased to note that 292, 000jobs were added,
marking
the strongest two years of job creation since 1998-2000. December
was seen as a strong month for employment growth though it could have
posted more growth were it not for global
headwinds that continue to restrain job growth,
the White House further noted.
Business
Insider likewise reported on the increase in wages – that
based on the BLS employment report, US wages in December rose at
the fastest pace since
mid-2009.
The BLS reported: In December, average hourly earnings for all employees on private nonfarm payrolls increased by 10 cents to $26.00, after edging down by 2 cents in November. Over the year, average hourly earnings have risen by 2.9 percent. In December, average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to $21.80.
With
that, 2017 promises to be another fruitful year for employment. Now
there are 3 job skills areas
that, according to Bill Gates, will be successful in the future job
market.
And
based on the data he's collected, Gates concludes that people with
three backgrounds will be the most in-demand from here on out:
science, engineering and economics.
Workers
proficient in those subjects will be "the agents of change for
all institutions," Gates tells LinkedIn Executive Editor Daniel
Roth.
Based
on the BLS Occupational Outlook Handbook, the following jobs falling in those 3 areas, are
projected to grow between 2014 -2024
Science
Jobs
*
Statisticians: projected growth rate is 30 percent or faster
*
Home Health Aids: projected growth rate is 30 percent or faster
*
Computer Systems Analysts: projected growth rate is 20-29 percent
*
Web Developers: projected growth rate is 20-29 percent
*
Diagnostice Medical Sonographers: projected growth rate is 20-29
percent
*
Emergency Medical Technicians and Paramedics: projected growth rate
is 20-29 percent
*
Mathematicians: projected growth rate is 20-29 percent
*
Surgeons: projected growth rate is 20-29 percent
Engineering
*
Biomedical Engineers: projected growth rate is 20-29 percent
*
Petroleum Engineers: projected growth is 10-19 percent
*
Cost Estimators: projected growth is 0-9 percent
*
Aerospace Engineering and Operation Technicians: projected growth
rate is 0-9 percent
*
Industrial Engineers: projected growth rate is 0-9 percent
Economics
*
Personal
Financial Advisors: projected growth rate is 30 percent or faster
*
Operations Research Analysts: projected growth rate is 30 percent or
faster
* Financial
Analysts: projected growth rate is 10-19 percent
*
Accountants and Auditors: projected growth rate is 10-19 percent
* Economics
Teachers, postsecondary: projected rate is 10-19 percent
These are only a
sampling of jobs found under those areas, which the BLS has projected
to grow within the decade. From the data given, jobs in the
information technology healthcare/medical fields, and in economics,
have faster or higher growth rate than engineering jobs.
As
the above-mentioned article on Bill Gates' prediction, Gates said
that people with these jobs will be the agents of change in the
future. "I do
think of basic knowledge of the sciences, math skills, economics —
a lot of careers in the future will be very demanding on those
things," Gates says, the
article quoted him.
A
LinkedIn study of its database,
to
see which job skills are needed in the 2017 workplace, correlates
these findings, as reported.
The IT/cloud computing jobs will be in demand this year, not only in
the US but also around the world. Here's the list of those 10 job
skills:
1.
Cloud and Distributed Computing
2.
Statistical Analysis and Data Mining
3.
Web Architecture and Development Framework
4.
Middleware and Integration Software
5.
User Interface Design
6.
Network and Information Security
7.
Mobile Development
8.
Data Presentation
9.
SEO/SEM Marketing
10.
Storage Systems and Management
In
addition to hiring people with technical skills, a different LinkedIn
survey found that those with soft skills are
most likely to get hired:
good
communicators, are organized, work well as part of a team, and are
punctual. Critical thinking, creativity, and social skills are also
prized by employers.
Warren
Buffet has also something to say, and it's worth listening to his
wisdom, if you want to get ahead in your career, in whatever field
you work. Buffet gave this advice to a group of business students way
back in 2009, but is as relevant today as it was then – the art/skill of public speaking.
"Now,
you can improve your value by 50 percent just by learning
communication skills--public speaking. If that's the case, see me
after class and I'll pay you $150,000."
Warren Buffet makes
a great point indeed. This skill is not only useful for
entrepreneurs, but for anyone wanting to A job candidate with this
useful skill can easily make a pitch about him/herself in the job
interview. Or an employee can impress his/her boss and peers with an
excellent presentation.
Not
only that, equipped with good communication skills, especially the
skill of speaking in public without fear, can be especially
beneficial for people from historically marginalized groups, those
from the minority sectors of the population, as they face workplace
bias, prejudice, and even racism, which still persist in our society.
They can have confidence to speak up for their rights and denounce
whatever abuses they may face in the course of seeking a job, or in
their place of employment.
Implication
of the demand for STEM skills on diversity
STEM
jobs are traditionally known to favor Whites, men, and Asians, and
few Hispanics.
For example, as noted by a previous DiversityWorking.com article,
an analysis by
Gizmodo (a design,
technology, science and science fiction website)
of
the combined EEO-1s and the diversity reports of
the 6 leading tech companies in the US: Airbnb, Facebook, Microsoft,
Google, Apple and Yahoo, reveal their workforce were not reflective
of the country's demography consisting of 72
percent white, 16 percent Hispanic, 12.6 percent black, 4.8 percent
Asian.
The workforce in each of these tech companies, at the time of the
analysis, was predominantly white and of Asian origin.
On
closer look, according to other reports, Asian Americans/Asians in
tech rarely get to top positions. They are for the most part,
employees, not CEOs. In terms of gender, women tend to be overlooked
as well.
The
point is with forecasts saying 2017 is the year for STEM skills/jobs,
there may be concerns that these STEM jobs will again be in favor of
whites, Asian Americans/Asians, and males.
However,
there are other diversity-minded companies
that continue to reach out to the culturally-diverse marketplace in
their search for the best diversity job candidates. Moreover, these
companies do their best to create inclusive workplaces.
Women
for STEM
Also,
there seems to be a trend that women now are being considered more
and more for tech positions, studies reveal. Back in 2015, a study
published
in the
Proceedings
of the National Academy of Sciences
found that
women are more likely than men to be hired for faculty positions in
science, mathematics and technology,
an
Inside Higher Ed article
noted. The same articles also took note of another study that
revealed that
men (and specifically white men) do not have the advantage that many
assume they do in being hired in STEM fields. Women and black and
Latino researchers instead have an advantage, the study found. It
also found an apparent disadvantage for Asian researchers starting
their careers.
That's
a glimmer of hope. It can be expected that companies will strive to
include more women, as well as other minorities in their hiring
requirements – not just for the numbers, but to build inclusivity
in their respective organizations.
Besides,
that women are left out from STEM may not entirely be due to gender
bias. A report by the National Science Foundation,
"Women, Minorities, and Persons with Disabilities in Science and
Engineering," suggests that when women were not working, or if
they were, only on a part-time basis, family responsibilities were
often cited as the reason. Here's an excerpt from that report:
"Across
all racial/ethnic groups, female scientists and
engineers who were
not working were far more likely than
men to cite family
responsibilities and less likely than men
to cite retirement as the
reason for not working. Within each racial/ethnic group, female
scientists and
engineers who were employed part time cited family
responsibilities more frequently than men..."
Importance
of Diversity and Inclusion in STEM
The
importance of diversity and inclusion
in STEM cannot be overstated, as it fuels the growth of the economy.
One noted scientist at the National Cancer Institute, Kenneth
(Kenny) Gibbs, Jr., PhD,
wrote in his article published in the Scientific American that
diversity is the way to promote excellence in STEM, and it includes
people from
backgrounds that are traditionally underrepresented and those from
backgrounds that are traditionally well represented.
Thus here's hoping 2017 be indeed a year of growth for all sectors in society, where diversity and inclusion is not only a mantra or a stated philosophy in a company's manual, but a truly lived experience.
1 comment:
Great information i look forward to reading your blog in the future. Let me know if we can work together on anything we might be posting some jobs on your job board
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