MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop
MURDER, POLITICS, AND THE END OF THE JAZZ AGE by Michael Wolraich Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop |
By Steven LeVine @ Axios.com, 15 hrs. ago
In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.
The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.
In the eight-month study, the McKinsey Global Institute, the firm's think tank, found that almost half of those thrown out of work—375 million people, comprising 14% of the global work force—will have to find entirely new occupations, since their old one will either no longer exist or need far fewer workers. Chinese will have the highest such absolute numbers—100 million people changing occupations, or 12% of the country's 2030 work force.
I asked Chui what surprised him the most of the findings. "The degree of transition that needs to happen over time is a real eye opener," he said.
The details: [....]
Comments
21 occupations of the future
By Steve LeVine & Lazaro Gamio & Axios.com, 6 hrs. ago
by artappraiser on Wed, 11/29/2017 - 8:51pm
Axios' link to the report gives a PDF to download. But here's McKinsey's user-friendly website on the report with plenty of html summaries, with graphics and illustrations for us dummies with internet-caused ADD, as well as links to the papers in PDF's:
What the future of work will mean for jobs, skills, and wages
By James Manyika, Susan Lund, Michael Chui, Jacques Bughin, Jonathan Woetzel, Parul Batra, Ryan Ko, and Saurabh Sanghvi
by artappraiser on Wed, 11/29/2017 - 8:59pm
Plenty of related (international) coverage via Google News
by artappraiser on Wed, 11/29/2017 - 9:13pm
For now I'd just like to add for those like me, who can't make rational sense of what year it is since we passed 2000:
2030 is only 12 years away.
by artappraiser on Wed, 11/29/2017 - 9:31pm