Job market 201710
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Toronto, October 2017 www.iecarus.com @iecarus
Transcript of Job market 201710
XXI Century Trends:
EconomicFrom 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
SocialGrowing diversity
Growing population
Multiple careers
Changing lifestyles
Aging
Major
ChallengesClimate change
Environmental degradation
Persistent poverty
Energy needs
The world we live inAccess 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
Theme 1) The training ecosystem will evolve, with a mix of innovation in all education
formats
Theme 2) Learners must cultivate 21st-century skills, capabilities and attributes: Tough-
to-teach intangibles such as emotional intelligence, curiosity, creativity, adaptability,
resilience and critical thinking will be most highly valued
Theme 3) New credentialing systems will arise as self directed learning expands
In 2015 one minute
Right - Left
two hemispheres - two approaches
Success is power in both
•Sequential
•Specializes in text
•Analyzes detail
•Logic
•Mathematics
•Processing of
information
•Organization
• Simultaneous
• Specializes in context
• Synthesizes the big
picture
• Intuition
• Emotions
• Visual
• Relational
• Creativity
• Playfulness
Cognitive Science is the interdisciplinary, scientific study of the mind and its processes.
It examines the nature, the tasks, and the functions of cognition. Wikipedia
CS is the interdisciplinary study of intelligence in humans and machines. It encompasses
work done in computer science, linguistics, neuroscience, philosophy and psychology.
The Knowledge Era = presentThis was the age of the knowledgeworker. 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-brainthinking. 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 determinethe deeper meanings and the coursesof action to act in complex situations
COMPUTATIONAL THINKING, abilityto translate aggregates of data into abstract concepts and conduct data-based reasoning
COGNITIVE LOAD MANAGEMENT, ability to discriminate and filter theinformation needed to producesuccessful 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
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
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.
Hottest Skills of
2015 on LinkedIn
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
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.
Big Data ‘ You torture the data until it is confess ‘
Most Valuable Business Skills in 2016
Most valuable COMPUTER SCIENCE Skills
47% Oxford researchers calculate this is the
percentage of American employment that
is at risk because of the expected impacts of
computerization in the foreseeable futurehttp://www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf
Automation, robots, artificial intelligence are taking
over workers’ traditional tasks
50%McKinsey analysts estimate this is the share of
activities workers are paid to do now that could be
automated using currently available technologies
– accounting for $15 trillion in wageshttps://www.mckinsey.com/global-themes/digital-disruption/harnessing-automation-for-a-
future-that-works//
45 yearsThe timeframe estimated by artificial intelligence experts when “high level machine
intelligence” – unaided machines that can accomplish any given task better and more
cheaply than humans – will be developed- 2024: outperform language translators - 2027: drive a truck - 2031 : work in retail - 2049: write best selling book - 2053: a surgeonhttps://arxiv.org/pdf/1705.08807.pdf
Youth unemployment in EU
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
• 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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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.
Center i-ECARUS is your concierge for
educational intelligence in XXI century.
By navigating numerous providers and researches,
iECARUS has established an innovative digital hub in order
to offer a tailored educational experience created by the
best-in-class international experts and masters
Our design is to develop a personalized learning path,
based on individual talents using a holistic data driven
cognitive approach to lay the foundation for a strong
educational background to enrich knowledge and skill sets
that will lead towards a successful international career
and personal satisfaction
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]
