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April 15, 2019
This paid piece is sponsored by the Sioux Falls Development Foundation.
By Denise Guzzetta, vice president of talent and workforce development
People are always asking for my advice on the best careers for their family members. While there’s no magic bullet when it comes to workforce, there’s one thing we know for certain: South Dakota and the rest of America will continue to experience change. Change comes in many different forms for workforce; there are social, economic, environmental, scientific and technological changes because of innovation. While there’s no crystal ball, we do know that areas related to science, engineering, mathematics and technology continue to turn innovative ideas into reality for job-seekers.
The Upside of Technology
The United States Department of Labor, which has tracked specific job categories that have benefited from our world’s growing technology transformation, has released ten-year forecasts of job growth. As depicted in the tables below, the South Dakota Department of Labor’s research spans both bachelor-degree programs and technical certificates that lead to jobs in high-demand, growing industries.
The Downside of Technology
Since 2013, technology and automation have transformed every industry by allowing companies to permanently adopt more efficient processes while disrupting labor markets. In doing so, jobs once requiring training and specialized skills now are run by sophisticated software technologies, thereby allowing anyone to operate them. According to Bloomberg, in late 2018, the following list compiles jobs that are projected to decline nationally by 2026.
What will the job market look like in 2040?
According to human capital giant Deloitte, nearly two-thirds of today’s elementary school-aged children will work in jobs that have yet to be created. As more things that used to be part of good old-fashioned science fiction movies are now becoming more probable, we know that innovation will continue to fuel our economy within the Sioux Falls Region. From biomedical advancements, such as nanotechnology to advanced genomics, to smart machines moving into traditional office support roles and white-collared jobs, our continued development of our talent K-12 population will earn future Sioux Falls generations the national accolades our region’s workforce enjoys today.
About the author: With more than 20 years of executive experience working for Fortune 50 companies, Denise Guzzetta serves as the vice president of talent and workforce development for the Sioux Falls Development Foundation. Please reach out to Denise directly if you have questions about talent acquisition and incentive packages or career-based experience and training programs. Denise may be reached at 605-595-4355 or firstname.lastname@example.org
Almost two-thirds of today’s elementary school-age children will work in jobs that have yet to be created. Here’s a fascinating forecast for jobs that are growing and those that are shrinking.