In The News

Los Angeles Times: Automation creates greater risk for women’s jobs, Davos report finds

Women are more likely than men to be knocked out of their jobs in the U.S. by automation over the next eight years, and they’ll find half as many opportunities to land new positions unless there’s a new effort to retrain them. Those conclusions, from a study released last week at the World Economic Forum [conducted by Burning Glass Technologies and Boston Consulting Group], show about 57% of the 1.4 million U.S. jobs to be disrupted by technology between now and 2026 are held by women. Read more >>

Inside Higher Ed: A.A. Degrees and the Labor Market

While 670,000 students earn two-year degrees from community colleges each year, just 32,000 job postings in 2016 specifically asked for an associate of arts degree, according to a new report from the American Enterprise Institute. The report’s co-authors are Mark Schneider [the vice president at the American Institutes for Research]… and Matthew Sigelman, the CEO of Burning Glass Technologies, a job market research firm… Average annual earnings of A.A. degree holders would increase by at least $4,000, according to the report, if community colleges added elective, skills-based courses or high-value, industry-recognized certifications to A.A. programs. Read more >>

 

 

Human Resource Executive: Reduce, Reuse, Re-skill?

In the report, Towards a Reskilling Revolution: A Future of Jobs for All, data from the U.S. Bureau of Labor Statistics, Burning Glass Technologies and the Occupational Information Network are utilized to help find a solution to this impending job crisis: re-skilling… It’s predicted that workers in production and office/administration industries will experience the greatest disruption with 1.15 million expected job losses, or 80 percent of the current workforce in these roles. Using the data from this report, viable job transitions/re-skilling could reduce this to approximately 7 percent (3 percent for office and administration workers and 4 percent for production workers). Read more >>

ZDNet: Women will lose more jobs to automation

A World Economic Forum report [conducted by Burning Glass Technologies and Boston Consulting Group] presented at Davos suggests there will be a measurable gender disparity when it comes to jobs lost to automation… 1.4 million jobs in the United States will be disrupted or lost to automation and other factors between now and 2026. Of those, according to the World Economic Forum’s research, 57 percent will belong to women. “This is a worrying development at a time when the workplace gender gap is already widening and when women are under-represented in the areas of the labour market expected to grow most robustly in the coming years,” according to the authors of the report. Read more >>

US News: The Other Challenge of Artificial Intelligence

By now, it is almost routine to see columns sounding the alarm about millions of existing jobs at risk of being automated. However, the real risk is that we do not have a system ready to equip people with the skills needed to fill millions of new and modified jobs that will result from the rise of AI. AI is going to change the labor market in three important ways. First, automation will erode jobs further up the skills ladder… Second, AI will redefine many existing jobs. A Burning Glass analysis found a surge of “hybrid jobs” that blend technical skills with other skills or domains… Third, AI will raise the skill level required for all jobs. Read more >>

The Telegraph: Robots could take your job – but you can retrain to find a better one, says WEF report

New technology and automation will eliminate millions of jobs, but workers displaced by robots will be “easily” re-employed after retraining – often in higher paying positions… The study [conducted by the World Economic Forum, Burning Glass Technologies and Boston Consulting Group] follows up on a similar report last year, which predicted that new technology in the workplace will mean the loss of 5 million jobs in 15 leading global economies by 2020. The latest research focused on the impact the “Fourth Industrial Revolution” – digital and traditional technology coming together to deliver efficiencies that will mean more jobs can be automated – will have on employment in the US. Read more >>

Bloomberg: Women Face Greater Robot Risk for Job Losses, Davos Report Finds

Women are more likely than men to be knocked out of their U.S. jobs by automation in the next eight years, and they’ll find half as many opportunities to land new positions unless there’s a new effort to retrain them. Those conclusions, from a study [conducted with Boston Consulting Group and Burning Glass Technologies] released Monday at the World Economic Forum, show about 57 percent of the 1.4 million U.S. jobs to be disrupted by technology between now and 2026 are held by women. With proper retraining, most of the workers would find new, higher-paying jobs. Without it, very few have opportunities, but women fare the worst… Read more >>

World Economic Forum: 6 reasons to be optimistic about the future of work

Losing the comfort of the familiar may be hard – but tangible opportunities do exist. Our new report [with Boston Consulting Group and Burning Glass Technologies] finds that, with some reskilling, the average US worker has no less than 48 “good-fit” new career pathways to choose from. Growth is expected in a range of sectors already – from IT and infrastructure to health and education. Looking out beyond this immediate growth, the future of work is in our hands. We can shape how technology enhances opportunities for work and fulfillment – not destroys them. Read more >>

New York Times: As Labor Pool Shrinks, Prison Time Is Less of a Hiring Hurdle

A rapidly tightening labor market is forcing companies across the country to consider workers they once would have turned away. That is providing opportunities to people who have long faced barriers to employment, such as criminal records, disabilities or prolonged bouts of joblessness… Employers are also becoming more flexible in other ways. Burning Glass Technologies, a Boston-based software company that analyzes job-market data, has found an increase in postings open to people without experience. And unemployment rates have fallen sharply in recent years for people with disabilities or without a high school diploma. Read more >>

Education Week: Computer, Data-Science Skills Worth Extra Across Job Market, Analysis Finds

Many of the fastest-growing, highest-paying jobs require computer-science skills and the ability to work with data–but they aren’t programming jobs, and they don’t require a computer science degree. That’s the conclusion from a recent analysis of roughly 1 million online job postings between 2014 and 2016, conducted by Burning Glass Technologies, a job-market analytics firm, and Oracle Academy, the philanthropic arm of technology giant Oracle…. The idea, [CEO Matthew] Sigelman said, should be on graduating young people with a foundational understanding of computer science that can help launch them in whatever specific direction they choose as they get closer to work. “In order for students to have a [living-wage] job in the 21st century, they will need the modes of thought and analysis that align with computer-science education,” he said. “But we can’t say right now, ‘Hey, this specific skill or coding language will add $10,000 a year to your salary post-graduation.'” Read more >>

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