Transcript
Page 1: Job market trends in 2016

Toronto, April 2016

www.iecarus.com

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XXI Century Trends:

Economic From national to global economies

From manufacturing to knowledge

creation

From hierarchical to flat organizations

From mass-production to customization

Information

Exponential growth in information

New ways of handling information

New forms of information

From face-to-face to virtual

communication

Social

Growing diversity

Growing population

Multiple careers

Changing lifestyles

Aging

Major

Challenges Climate change

Environmental degradation

Persistent poverty

Energy needs

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The world we live in Access to Everything, All the Time, From Any Device, Anywhere

Knowledge-intensive and innovation-led

globalized world

Everyone competes with everyone, self-branding

on the rise

The less competent are replaced by those who, in

other parts of the world, can do the same for less

The rate of change of the economy requires

creative and differentiated workforce

The ability to create value, with creativity and

competence, becomes essential for survival in the

labor market

But the uniformity of school systems produces

almost undifferentiated workforce

•61,000 hours of music on

Pandora

•20 million photo views and 3

million uploads on Flickr

•100,000 tweets •6 million views and 277,000

Facebook logins

•2+ million Google searches

•There were 204 million

emails sent

In the last minute …

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The Knowledge Era = present This was the age of the knowledge worker. The activities that brought us success were centered on the left-brain: sequential, contextual, detailed – oriented , liner, analytical and focused on “hard” facts

The Conceptual Era =future. The rise in significance of right-brain thinking. Creativity, context, the “big- picture”, pattern recognition, empathy, design and soft-skills are more important than simply knowing and applying

CROSS-CULTURAL COMPETENCY, ability to operate in diverse cultural settings

VIRTUAL COLLABORATION, ability to work, drive engagement, and demonstrate presence as a member of a virtual team.

SOCIAL INTELLIGENCE, ability to participate in the collective construction of solutions

SOCIAL MEDIA LITERACY, ability to critically use social media as instruments of empowerment and transformation

SENSE-MAKING, ability to determine the deeper meanings and the courses of action to act in complex situations

COMPUTATIONAL THINKING, ability to translate aggregates of data into abstract concepts and conduct data-based reasoning

COGNITIVE LOAD MANAGEMENT, ability to discriminate and filter the information needed to produce

successful solutions

TRANSDISCIPLINARITY, ability to reason and build knowledge across multiple disciplines

DESIGN MIND-SET, ability to create solutions in contexts where only part of the requirements are known

ADAPTIVE THINKING, ability to think and act in ways that transcend the rote and rule-based

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General trends in job market

• Investing in STEM. In the ten countries we looked at, science, technology,

engineering, and math (STEM) skills made up the majority of our top 25 list.

While most of these could be labeled as “tech” skills, more traditional STEM

skills like mechanical, electrical, and materials engineering made our list in

many countries.

• Data. Data everywhere. We live in an increasingly data driven world, and

businesses are aggressively hiring experts in data storage, retrieval, and

analysis. Across the globe, statistics and data analysis skills were highly valued. In the US, India, and France, cloud and distributed сomputing skills

were in particularly high demand.

• It pays to know a second language. Internationalization and localization

services are valued by companies that operate globally. As such, language translation skills were among the top 25 hottest skills in many countries. But

nowhere did they rank higher than in the United States, where in 2010,

according to US Secretary of Education, Arne Duncan, only 18% of

Americans claim to speak a language other than English.

• Rise of the technical marketer. In 2012, Gartner analyst Laura McLellan

predicted that by 2017 CMO’s would be spending more on technology than

their CIO colleagues. With digital, online, and SEO (search engine

optimization) marketing skills in our global top 25 this year, there’s strong

evidence that this prediction may be coming true

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47% of current highly skilled jobs at risk of replacement Carl Benedikt Frey and Michael A. Osborne, September 17, 2013 Oxford Martin Programme on the Impacts of Future Technology

Artificial Intelligence vs. Human Intelligence

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Trends at job market

The labour gap is not unique to Canada. The European Commission, for example, anticipates a shortfall of

around 825,000 ICT positions by 2020.10 A report from the United States Department of Labour forecasts there will be 1.4 million computer specialist job openings by 2020 — but, universities are unlikely to produce enough qualified graduates to fill even a third of these positions.

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Hottest Skills of

2015 on LinkedIn

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5 occupations will be in strong demand

Information System Analysts & Consultant s Computer Programmers & Interactive Media Developers

Computer & Information System Managers

Software Engineers & Designers

Graphic Designers & Illustrators

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Validation of In-Demand Careers

in Toronto as of Nov 2014

The Centre of Excellence in Financial Services Education (CoE) consults with financial

services employers of the Toronto region to determine the careers for which there is high

need for talent across the sector. Based on the in-demand talent needs of the sector, the

CoE liaises with educators and professional associations on an ongoing basis to ensure that

the focus and quality of education programs are aligned to the needs of the sector.

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• Child born in 2012 would need to pay $ 140,000 in 4 years for university education: tuition fee, campus and text books are included • Around 450 000 graduates in Canada and in 2012-2013 more then 400 000 student took a credit • 78 % students have to work to afford to pay for their university education and

more then 39% are working 11-20 hours per week • Average debt for Canadian graduate is $27,000, from which 43 % is getting

money from government , 18% from parents, the rest is from FI • 85% students are applied to full time university program and 15 % applied to part time in 2014 • Cost of university education in Canada going to grow by 8.6% in next 4 years

Facts about University education in Canada

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Youth unemployment in EU

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Ikigai (生き甲斐, pronounced [ikiɡai]) is a Japanese concept meaning

"a reason for being". Everyone, according to the Japanese, has an

Ikigai. Finding it requires a deep and often lengthy search of self.

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Why the modern world is bad

for your brain ? • We are doing the jobs of 10 different

people while still trying to keep up with

our lives, our children and parents,

our friends, our careers, our hobbies,

and our favorite TV shows • When people think they’re multitasking,

they’re actually just switching from one

task to another very rapidly. And every

time they do, there’s a cognitive cost in

doing so. • Multitasking creates a dopamine-

addiction feedback loop, effectively

rewarding the brain for losing focus and

for constantly searching for external

stimulation. To make matters worse, the prefrontal cortex has a novelty bias,

meaning that its attention can be easily

hijacked by something new

• Glenn Wilson, former visiting professor

of psychology at Gresham College, London, calls it info-mania

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No one knows for certain what the future can bring, but without vision, how can we achieve our dreams?

www.gartner.com

www.theoryandpractice.ru

www.ted.com

www.zonein.ca/virtual-child

www.digcompass.ca

www.ictc-ctic.ca

www.computingcareers.acm.org

www.tfsa.ca/centre-of-excellence If you have a question about this presentation or would like to book an individual test and consultation for your child choice of the future profession write at [email protected]


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