TAPESCRIPT


Let’s look at some of the recent changes in the US job market and see if we can make some predictions for future jobs.

A good way to begin is to look at the American workforce and how it is changing. The most important change has been the shift from manufacturing jobs to service jobs.

Manufacturing jobs are jobs in which people make something or produce things. For example, people produce cars. Service jobs are those in which workers provide services, or we may say, they do something, like washing people’s cars. Generally, service jobs are grouped into five categories:

One: Transportation companies.

Two: Wholesale companies.

Three: Retail companies.

Four: Finance companies.

Five: Personal services, such as hotels, cars repair, accounting, education and medicine.

Now the point here is that people have change from manufacturing jobs to service jobs. For example, 100 years ago, 80% of workers produced goods, today only 30% do. Economists predict by the year 2020, nine out of every ten workers will work in service jobs.