In my webinar recently on work and jobs in the 21st century, I got push-back from several participants.
I assume they are with a community or technical college, and they cited the growth of Advanced Manufacturing as to why some students do not need a four year college degree.
So here's the research on Advanced Manufacturing:
1.Jobs for College Grads, not high school grads.
"Since about 2000, manufacturing jobs held by non-college graduates have declined by almost 45%, while manufacturing jobs held by those with a college degree are up nearly 17%. In net, all the new jobs and almost all the replacement jobs in manufacturing are going to college graduates," according to Michael Hicks, professor of economics at Ball State University, in an article in February 2018.
2.Production is up, while employment is down.
"It’s worth noting that total US industrial production is more than twice what it was in 1979, when employment peaked. And yes, of course, that is adjusted for inflation.’
Manufacturing employment, which all too many folks think is a good sign of the industry’s health, is about 1.5 million less than it was at the start of the Great Recession (2008) and about a third lower than at its peak month in 1979."
This is exactly what NineShift has been saying. Advanced Manufacturing workers with a four year college degree are indeed knowledge workers. Stay tuned, because there is more information that we did not predict.
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