While doctors and lawyers are the country’s highest-paid workers, these professions have extended educational requirements. Engineers and technology workers are the highest-paid professionals who typically have a bachelor’s degree. However, a recent Paysa study reveals that 36% of technology workers are underpaid - and by at least 10%.
Robotics are about to take off, with applications for the technology expanding across many different industries, said Susan Teele, the head of marketing and communications for the Pittsburgh-based Advanced Robotics for Manufacturing Institute (ARM). A push to make robots more easily customized and more flexible will especially increase their use, she added.
Retailing is dead. Sales clerks are losing their jobs by the thousands. The employment picture for young people with only a high school education is going to get even worse. And all this is happening because of Amazon and its ilk, which are driving the shift among consumers toward e-commerce. We've heard this story over and over in recent months: The echo chamber keeps repeating that the retail apocalypse is upon us.
Goldman Sachs Group Inc. economists say America’s opioid epidemic is probably sidelining people in their prime working years and contributing to the stubbornly low rate of men and women who are either employed or looking for jobs. “Use of both legal prescription pain relievers and illegal drugs is part of the story of declining prime-age participation, especially for men,” Goldman economists wrote in the study released Wednesday.
Newfoundland and Labrador is Canada's charming East Coast fishing province, and it's in big trouble. The province, which is decorated with iconic rows of brightly painted houses, had an unemployment rate of 14.4 percent as of May this year, more than double the national average. Now, a new and frankly terrifying robot that can butcher a crab in seconds is being touted as a way to reinvigorate the province's beleaguered seasonal fishing industry.
What do the following jobs have in common? Mechatronics technician, Surgical technologist, Car mechanic or technician. They are potentially lucrative careers with solid job outlooks -- and the highest level of education required is an associate’s degree, only two years of college. Plus, they often are overlooked as job possibilities.
Jobs were in the center spotlight in this year’s election. Donald Trump used it as a weapon against Hillary Clinton to mobilize the many millions of voters who felt as though technology, immigrants and free trade had left them behind. Clinton suggested spending hundreds of billions to upgrade our infrastructure and make state colleges and universities tuition-free.
When tech talent is in short supply, the perceived value of graduate school shifts. For employers, the need to reach out and recruit graduate students before they sign elsewhere is greater, while fewer IT pros may see the need to go back to school to get ahead. But top engineering graduate schools offer a different equation, one where demand -- whether for the degree or for those holding the degree -- is always regardless of overall IT talent supply.
In 1964, a group of professors, activists, and scientists put together a report that warned US President Lyndon B. Johnson of three impending threats, including a “Cybernation Revolution” that would put massive numbers of people out of work. The committee included a list of recommendations for staving off each crisis. Number one was “a massive program to build up our educational system.”
In an exclusive CNBC interview, Jack Ma, Alibaba executive chairman, talks to CNBC's David Faber about artificial intelligence and employment.