The United States is one of the world’s fastest-growing economies.
In 2019, the nation added more than 4.6 million jobs, according to the Bureau of Labor Statistics.
That’s a jump of more than 2.5 million jobs per year over the past decade.
It’s a huge job growth, and it’s not just in the US.
But there’s another group of people who are more likely to be impacted by the job growth: engineers.
The jobs that engineers and other technology-savvy workers in the United States are looking for are in areas like energy and materials, manufacturing, telecommunications, and more.
According to a report from McKinsey & Company, engineers are “more likely to hold top management positions in the U.S. than anyone else in the world, and are more heavily concentrated in high-growth industries like health care and education, among others.”
In the future, it may be that those jobs aren’t so good.
According the report, in 2020, more than 80 percent of the engineering workforce in the USA is likely to have a “high probability of being displaced by the next technological revolution.”
In 2018, the Bureau for Labor Statistics reported that engineering jobs were more likely than any other job group to be lost.
That was because of the surge in technology, which has been replacing traditional manufacturing jobs.
The problem is, it doesn’t just happen when the technology gets faster and more complex.
It also happens when the industry itself gets better and better.
In some cases, companies have been moving to use robots and automation to help reduce the amount of human labor.
The good news is that the skills of engineers are becoming more valuable in the workforce as technology improves, according McKinsey.
And if you’re looking for a good job with great benefits, you might want to look for one that pays more than $70,000 a year.
But what about the bad news?
According to the report:The job market for engineers and IT workers has become even more competitive as the economy improves.
Many engineers are retiring early or delaying starting their careers, according the McKinsey report.
There are fewer openings for engineers than there are for any other skilled workforce in America.
And many engineers are moving away from STEM (science, technology, engineering, and math) fields to other careers.
These factors have combined to make engineers’ careers even less attractive than they were just a decade ago.
“There’s a real disconnect in the profession,” says Roberta J. Leopold, an associate professor of management at the University of North Carolina, Chapel Hill.
“I don’t think there’s a great appreciation of the breadth of careers for engineers.”
The job loss isn’t just impacting engineers.
According a report released by the Economic Policy Institute, engineering jobs have been going away at a faster pace than any of the other occupations.
Engineers and other IT workers are losing their jobs at a higher rate than all other occupations combined.
The reason for this decline in engineering jobs is largely down to a combination of factors.
According Leopolds report, the number of engineers has been declining for the past three decades.
That means that the number has been shrinking, and that’s driven by factors like the declining cost of college, the fact that students aren’t learning the skills they need to work in STEM jobs, and the fact people aren’t having to pay the high cost of living in many of the US cities that have experienced massive job growth in the last decade.
The report notes that the economy is also shifting to a more “soft” technology economy.
Leops report also says that the growth in robots and artificial intelligence will eventually lead to a reduction in the number and importance of jobs in manufacturing.
So if you are looking to gain some engineering skills, it’s worth paying attention to the jobs you are going to lose.
And while there’s no shortage of places to get your hands on tech jobs, it can be difficult to find them in a city where you have a big tech company and lots of engineers.
Leoper recommends taking a look at the jobs that are already there and looking for positions in those areas.
Leopold has more on this topic at McKinsey’s Tech Job Index.
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