In an era where technological advances are making lives easier, enabling many employees to spend less hours at work and more at leisure; it begs the question: What are the implications for the future job market?
Artificial Intelligence has already advanced into aiding financial, transportation, and energy management sectors. Although the benefits are apparent, they come hand-in-hand with fears that jobs which currently exist may not be part of the future workforce.
A recent study by the Pew Research Centre revealed that 48% of Americans are somewhat worried that their job could be taken over by a robot and 25% are very worried at this prospect.
According to the U.S Bureau of Labor Statistics, the unemployment rate remains unchanged at 3.7 percent as of October 2018, with the number of unemployed people in the U.S. nearing 6.1 million.
As a result, training and qualification provider TheKnowledgeAcademy.com sought to uncover the future of the U.S. job market, through an analysis of findings from the Glassdoor report "What's Ahead for Jobs? Five Disruptions to Watch in 2018." The Knowledge Academy broke down the jobs expected to grow the most by 2026.
The Knowledge Academy discovered that America will see a large growth for tech-related roles in non-tech industries such as finance, consulting, and retail. However, many traditional jobs will undoubtedly rise through the ranks as technology continues to develop.
Interestingly, a job sector that is set to soar with demand for new jobs created by 2026 is the health care sector, which is predicted to generate more than 1.1 million new jobs.
The following sectors were also among the top five for expected growth in jobs and opportunities by 2026:
The following sectors are predicted to show sizeable growth in terms of new employment opportunities between 2018-2026:
Despite the evolution of technology, the demand for more traditional positions will not be disappearing anytime soon. The Knowledge Academy found that the following jobs will have the lowest number of new jobs over the next decade:
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