CAREER TRENDS FOR THE FUTURE Patricia A Parham

  • Slides: 7
Download presentation
CAREER TRENDS FOR THE FUTURE. . . Patricia A. Parham, Ph. D. TX Diversity

CAREER TRENDS FOR THE FUTURE. . . Patricia A. Parham, Ph. D. TX Diversity Initiative & UOPX, September 14, 2017

REALITY CHECK… The number of Americans under the age of 25 with at least

REALITY CHECK… The number of Americans under the age of 25 with at least a bachelor's degree has grown 38 percent since 2000. Wages for young college graduates have fallen in the past decade. In 2016, Gen Y surpassed the number of Baby Boomers in the work force By 2025, Gen Y is expected to comprise up to 75% percent of the total workforce…. …. . yet currently just 7% percent work for America’s largest Fortune 500 companies.

TOP 10 MILLENNIAL EMPLOYERS 1. Armed Forces 2. Wal-Mart 3. Starbucks 4. Target 5.

TOP 10 MILLENNIAL EMPLOYERS 1. Armed Forces 2. Wal-Mart 3. Starbucks 4. Target 5. Best Buy 6. Mc. Donald’s 7. Abercrombie & Fitch 8. YMCA 9. CVS Caremark 10. UPS Data and analytics company Identified. com analyzed the Facebook profiles of 4 million Gen -Y users, aged 18 to 29, in November 2011. Of those reviewed, most (90 percent) lived in the U. S. and listed at least one college (80 percent). However, just a third (36 percent) listed a job entry on their profiles, possibly because they view their education as a life-long identifier and their job as more temporary.

Number of Employees? Facebook Wal-Mart 2. 2 million 1. 4 in US Yum! Brands

Number of Employees? Facebook Wal-Mart 2. 2 million 1. 4 in US Yum! Brands 523, 000 Mc. Donalds 440, 000 UPS 399, 000 6, 000 Apple 50, 000 Google 42, 000 Cloudera 400

“BIG DATA” Data scientist: The sexiest job of the 21 st century. Davenport &

“BIG DATA” Data scientist: The sexiest job of the 21 st century. Davenport & Patil, HBR, 2012 Where did the “Data Scientist” come from? “The traditional backgrounds of people you saw 10 -15 years ago just don’t cut it these days. ” What do they do? Program / analyze / communicate Turn data into information Understand communicate What kind of people will companies need to do these jobs? “Hacker, analyst, communicator, trusted advisor”

THANK YOU!

THANK YOU!

REFERENCES Ofek, Elie, and Wathieu. 2010. Are You Ignoring Trends That Could Shake Up

REFERENCES Ofek, Elie, and Wathieu. 2010. Are You Ignoring Trends That Could Shake Up Your Business? Harvard Business Review, July – August 2010. Meister and Willyerd. 2010. Ten Trends Shaping the Future Workplace Now in The 2020 Workplace, New York, NY: Harper. Collins. Davenport and Patil. 2012. Data Scientist: The Sexiest Job of the 21 st Century, Harvard Business Review, October 2012, p. 72 -76.