We may soon face a future where AI Agents handle the bulk of low-skilled, entry-level work, forcing educators to figure out how to train people to start their careers in the middle of the ladder instead of on the first rung. That’s the conclusion our guest Matt Sigelman is drawing from research on AI conducted by the organization he heads, Burning Glass Institute, a leading labor market analytics firm. “I think there are questions here both for how AI helps people get into work, but also for whether people can move up within it,” he tells Futuro Health CEO Van Ton-Quinlivan. This challenge comes on top of deficiencies Burning Glass has identified in how high schools handle workforce training. “When you look at all the credentials students are earning in high school today, only about 18% are actually in demand and lead to high mobility jobs.” Those roles, which Sigelman calls “launchpad jobs” have helped two million workers in the US without degrees earn six figure salaries. Conversely, Burning Glass research shows if you pick the wrong type of job at the start of your career, it can lead to poverty by age forty. In his encore appearance on WorkforceRx, this pioneer in real-time labor market data shares other research on career mobility in the US and abroad, provides an update on the movement to increase skills-based hiring, and reveals what he thinks are the new “power skills” of the 21st century workforce. Don’t miss this wide-ranging and revealing conversation.
Continue readingAnika Heavener, Vice President of Innovation and Investments at The SCAN Foundation: Ageism and the Aging Workforce
On this episode of WorkforceRx, we turn our attention to the challenges and opportunities of one of the fastest growing parts of the US workforce: mid-career and older employees. In fact, the percentage of people over sixty-five who are currently employed is nearly twice as high as it was in the 1990s. “The key driver of the growth we’re seeing is an increase in financial insecurity for older adults. Nearly half of adults age fifty-five to sixty-six have no retirement savings,” says Anika Heavener, vice president of Innovation and Investments at The SCAN Foundation, an independent public charity focused on solutions to help adults age well. But, as Heavener explains to Futuro Health CEO Van Ton-Quinlivan, the financial imperative to keep working is bumping up against ageism in hiring, particularly a mistaken belief among hiring managers that older people are not well-suited to using new technologies like artificial intelligence. “Our research found that older workers have embraced AI, and they’re actively using it to enhance their work. Employers need to acknowledge and value those workers.” Tune in to this enlightening conversation to learn about other revealing research on the aging workforce and how workforce development programs can evolve to meet the needs of this important demographic, plus you’ll hear about the role of venture capital in fostering intergenerational working environments.
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