Trenton, NJ - George Saliba of NJ Business Magazine wrote an excellent story on how technological advancements has connected the world and created a greater demand on STEM (Science, Technology, Engineering and Mathematics) occupations.
He writes “Not all students will become globe-trotting businesspersons, and while the United States’ labor market remains uncertain, opportunities certainly exist here. James W. Hughes, distinguished professor and dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, is a noted economist with a solid reputation for understanding New Jersey’s economy within the context of the nation and the world. He advises, “[Overall] guidance for young people is to beware of areas that can be easily outsourced. In addition, know that the jobs that can’t be done by machines – at least now – are types that require personal interaction. That includes a whole range of service jobs that really have to be done face-to-face.”
Additionally, “While it is true that a liberal arts education and associated critical thinking skills will likely hold value in the future, another axiom is that technology – which literally touches every aspect of our business and personal lives – will become increasingly complex in this century. Referring to the entire job market, Rutgers University’s Hughes, explains, “We don’t have a clue what are going to be the hot, new jobs 10 years from now. For example, in 1992, there wasn’t a forecaster alive who predicted the Internet would be an economic locomotive by the late 1990s. In fact, most forecasters didn’t even know what the information superhighway was. But, the Internet, and that whole high-tech capital investment boom in the late 1990s – that’s how fast the technology advanced, and it created all types of jobs related to the Internet. Who knew what a website was, in 1992, or, that website developers would be a major job category within five to seven years?”
For the full article: http://njbmagazine.com/monthly_articles/jobs-for-the-21st-century/?utm_source=MagnetMail&utm_medium=email&utm_term=tseville@njbia.org&utm_content=04272015NJBIA_NJB_Today&utm_campaign=What%20a%20Venture%20Capitalist%20Wants
Additionally, “While it is true that a liberal arts education and associated critical thinking skills will likely hold value in the future, another axiom is that technology – which literally touches every aspect of our business and personal lives – will become increasingly complex in this century. Referring to the entire job market, Rutgers University’s Hughes, explains, “We don’t have a clue what are going to be the hot, new jobs 10 years from now. For example, in 1992, there wasn’t a forecaster alive who predicted the Internet would be an economic locomotive by the late 1990s. In fact, most forecasters didn’t even know what the information superhighway was. But, the Internet, and that whole high-tech capital investment boom in the late 1990s – that’s how fast the technology advanced, and it created all types of jobs related to the Internet. Who knew what a website was, in 1992, or, that website developers would be a major job category within five to seven years?”
For the full article: http://njbmagazine.com/monthly_articles/jobs-for-the-21st-century/?utm_source=MagnetMail&utm_medium=email&utm_term=tseville@njbia.org&utm_content=04272015NJBIA_NJB_Today&utm_campaign=What%20a%20Venture%20Capitalist%20Wants
