i3 - May/June 2017 - 26

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Dell Inc. recently formed a national partnership with Girls Who Code, a national non-profit
organization seeking to close the gender
gap in technology. The $400,000 donation
supports after-school computer science programs for an estimated 15,000 girls.
Ford Motor Company launched a "Technical
Career Entry Program" early this year, to connect graduates to the job market.
The Microsoft Software & Systems
Academy (MSSA) helps active duty U.S. service members develop IT career skills for cloud
developers, cloud administrators, and database and business intelligence administrators.

"THE GREAT DISPLACEMENT"
After the White House released its report on Artificial Intelligence,
Automation, and the Economy in December, some analysts focused on what
was called "The Great Displacement." They referred to the continuing decline
of "labor participation," which has seen about five percent of America's potential workforce withdraw from the employment pool in recent years. The current U.S. labor participation rate is now about 62.7 percent, just below that
of El Salvador and above Ukraine.
"This is the most pressing economic and social issue of our time. Our economy is evolving in ways that will make it more and more difficult for people
with lower levels of education to find jobs and support themselves," says
Andrew Yang, CEO/Founder of Venture for America, a New York-based fellowship program that helps growth companies access talent and trains the next
generation of entrepreneurs. Yang says that his organization has trained more
than 500 entrepreneurs in 18 U.S. cities.
Despite such promising activities to integrate new jobs and technology, there's
also a widespread awareness of the challenges to be faced. At that telecom conference about fiber optics, company executives cited several realities.

26

MAY/JUNE 2017

ANNUAL MEDIAN SALARY ( U S D )

18%

Information
Security
Analyst

17%

Software
Engineer

$128,240

PROJECTED HIRING GROWTH

$100,690

The Bureau of Labor Statistics' latest forecast
for job growth through 2024 underscores
the range of employment opportunities and
salaries. For example, in the health services
sector the two fastest growing job titles face
significantly different scenarios: "Home Health
Aide," 38 percent projected hiring growth,
$21,920 annual median salary and "Physical
Therapist," 34 percent growth, $84,020 salary.
Here are BLS's big opportunities in technology
plus categories expected to grow slowly:

$90,120

TOMORROW'S FASTEST
GROWING JOBS

16%

Data
Scientist

$40,260

EDUCATION: GETTING SMART
The Bureau of Labor Statistics foresees
that 19 of the 30 occupations with the
fastest growth in coming years will require
some form of postsecondary education.
With the growing appetite for skilled
workers, companies are accelerating their
efforts to support programs to prepare
students to become future employees.

Other "coding camps" are often backed by corporate and civic organizations
working with schools to prepare students for the changing workforce. Ann
Kirschner, president of Comma International, a New York consultancy in
technology and education, describes current job training initiatives as "a turning point in how we view the transition from education to careers."
"'Vocational' training is a tired and useless anachronism in an era when the
expense and time of college make it quite obvious that we need to strengthen the
relationship between classroom and work," she says. "The best way, especially if
we want to level the playing field for first generation college students, is to provide
more opportunities for hands-on, collaborative learning experiences through
internships and research projects embedded with prospective employers."
"This is the reinvention of coop education for the knowledge economy," says
Kirschner, who is University Professor and a former Dean at the City University
of New York. "The knowledge economy is hungry for tech skills. She points out
that all industries including banks, retailing, manufacturing and others, "are all
tech companies." She also urges Liberal Arts students to "take heart" since "broad,
flexible, critical thinking skills" are necessary to deal with "the massive data sets
and computational problem-solving that is essential to companies today."

$97,730

With this surfeit of forecasts and evaluations about how the technology industries will deal with the future of work,
CTA explored the topic at its New
American Jobs Summit in early May. The
conference focused on how government
and the private sector can collaborate
to develop a competitive workforce,
create new high-wage jobs and foster
economic growth. Speakers put those
issues in the context of rapid technological
innovation, an aging population and
increased global competition.

7%

General and
Operations
Manager

5%

Truck Driver

I T I S I N N O VAT I O N


http://www.dell.com/learn/us/en/uscorp1/press-releases/2016-10-11-dell-expands-investment-in-girls-computer-science https://girlswhocode.com/ http://www.dell.com/learn/us/en/uscorp1/press-releases/2016-10-11-dell-expands-investment-in-girls-computer-science https://www.newfordtech.com/ https://www.newfordtech.com/ https://military.microsoft.com/training/mssa/ https://military.microsoft.com/training/mssa/

Table of Contents for the Digital Edition of i3 - May/June 2017

Contents
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