A new survey shows employees ages 18 to 34 said better perks (47%) would help their motivation most at the office, followed by more challenging work (38%).
In an era marked by rapid advances in automation and artificial intelligence, new research assesses the jobs lost and jobs gained under different scenarios through 2030.
The technology-driven world in which we live is a world filled with promise but also challenges. Cars that drive themselves, machines that read X-rays, and algorithms that respond to customer-service inquiries are all manifestations of powerful new forms of automation. Yet even as these technologies increase productivity and improve our lives, their use will substitute for some work activities humans currently perform—a development that has sparked much public concern.
Building on January 2017 report on automation, McKinsey Global Institute’s latest report, Jobs lost, jobs gained: Workforce transitions in a time of automation (PDF–5MB), assesses the number and types of jobs that might be created under different scenarios through 2030 and compares that to the jobs that could be lost to automation.
The results reveal a rich mosaic of potential shifts in occupations in the years ahead, with important implications for workforce skills and wages. Our key finding is that while there may be enough work to maintain full employment to 2030 under most scenarios, the transitions will be very challenging—matching or even exceeding the scale of shifts out of agriculture and manufacturing we have seen in the past.
The largest generation in the U.S. is taking its place in manufacturing -- and the experts are betting this tech-savvy cohort is ready to stir things up.
Laws affecting inquiries into the criminal histories of job applicants and workplace drug testing are among the issues manufacturers will grapple with in 2018.
The manufacturing sector has shown some growth over the past few years. Since 2011, the sector has created jobs every year, a 6-year expansion that exceeds the 5-year expansion experienced 1994-1998, according to a new report from consulting firm Headlight Data. The report showed that the industry has created nearly 500,000 new jobs in the last 6 years.
When company owners prepare for a sale or transfer of leadership, they must be able to clearly and effectively communicate with the next generation about how to best steer the organization through these choppy waters.
"The American public’s perception of manufacturing may be at an inflection point. The good news is manufacturing clearly matters to many Americans, with the vast majority viewing U.S. manufacturing as crucial to America’s economic prosperity, standard of living, and national security," said a new report.
Millennials are often criticized for their obsession with technology and general egocentricity, but like it or not, this is the up-and-coming generation that’s going to shape the workplaces of tomorrow. By about 2020, nearly half the working population will be composed of millennials, and individuals within this generation will be starting and managing their own companies more frequently.