We all know the world of work is changing. According to the World Economic Forum's Future of Jobs report, 65 per cent of children entering primary school today will end up working in roles that don't yet exist. But with change comes opportunity. Find out how can you set yourself up for success in today's job market.
The Australian employment landscape
According to research from Deloitte, the onset of automation, evolution of information networks, and introduction the gig economy are turning the employment landscape on its head.
Things that once seemed far-fetched are now commonplace. Today, a doctor in a major city can use high-speed internet and videoconferencing facilities to treat a patient in a remote community. And unlike previous generations who worked for the same company all their lives, today's workforce is more likely to be employed in contract roles, work remotely, or be self-employed.
Research from the World Economic Forum also supports this concept. They see a future where the workforce is as broadly skilled as it is specialised. Where working across multiple borders, timelines and projects is routine.
Global job market statistics
Regardless of what industry you might be leaping into, the world of work is changing.
Only 69 per cent of workers are employed full time, the lowest level on record.
Around 75 per cent of youth in the labour force are working part time, reflecting the decline of traditional nine to five roles.
Over the next two decades, 35 per cent of jobs in Australia will be eliminated by new technology.
The demand for critical thinking skills has risen by more than 158 per cent. While automation is making some skills redundant, problem solving and critical thinking are more highly valued than ever.
The highest salaries in today's job market are for non-traditional office and non-office roles.
Adapt by learning new job skills
How can you use this rapidly changing world of work to your advantage as you begin to build your career?
The Committee for Economic Development of Australia gives us some insights. They see the starting point as skills in coding, networking, and design. Currently many of these skills are seen as specialist, but the committee predicts they will soon become the norm. There's also growing demand for skills that no machine can truly master including problem-solving, teamwork and interpersonal negotiation. These skills are must-haves when you enter the workforce.
For example, all of the below industries are powering forward with a focus on new skills:
Can I learn all of this in a degree?
Research from the Financial Review indicates traditional degrees are no more a guarantee of success or high pay than a standard diploma. But what if you combined university thinking with hands-on learning and did uni more practically, more flexibly, and more one-on-one?
Take your own path to your dream career with a degree from TAFE Queensland. Our degrees combine over 135 years of experience delivering hands-on training with the knowledge we’ve gained from working directly with top universities.
Take control of your future and do uni differently with TAFE Queensland.