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Subject: NYTimes.com Article: Where the Jobs Are
Date: Thu, 13 May 2004 20:27:29 -0400 (EDT)
The article below from NYTimes.com
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Where the Jobs Are
May 13, 2004
By W. MICHAEL COX, RICHARD ALM and NIGEL HOLMES
Job jitters are vexing America. Not even the striking gains
in employment over the last two months have put an end to
hand wringing over work being "outsourced" to low-wage
countries. Americans had become used to shedding factory
jobs, but the technology and service jobs now at risk were
supposed to be secure, the guarantee of our future. So
we're left to wonder: what will Americans do?
Well, just like previous generations of Americans, they'll
learn to do something different from what they've done in
the past.
Our history is one of a constant churning of jobs, with
workers always finding the next step forward in the
evolution of work - from farm hands to industrial workers
to information handlers. They will do so again. As existing
jobs succumb to shifts in technology and trade, the economy
will adjust, creating new work that uses new skills and
talents. Over time, workers move up what we call a
"hierarchy of human talents" - they find jobs that demand
higher-order skills and offer better pay and working
conditions. As depicted in this chart, the hierarchy
provides a guide to the traits and qualities that will
dominate the next employment wave.
Over the past decade the biggest employment gains came in
occupations that rely on people skills and emotional
intelligence - like nurse and lawyer - and among jobs that
require imagination and creativity: designer, architect and
photographer. But not all of the new jobs require advanced
degrees or exceptional artistic talent; note the rise of
employment for hair stylists and cosmetologists.
Trying to preserve existing jobs will prove futile - trade
and technology will transform the economy whether we like
it not. Americans will be better off if they strive to move
up the hierarchy of human talents. That's where our future
lies.
W. Michael Cox and Richard Alm are, respectively, chief
economist and economics writer at the Federal Reserve Bank
of Dallas. Nigel Holmes is a graphic designer.
http://www.nytimes.com/2004/05/13/opinion/13COXX.html?ex=1085494449&ei=1&en=0e91a9e981bdbe8a
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