A pervasive disconnect exists between the job/career culture and the present economic reality in America. This book offers powerful strategies for stemming the employment crisis and proposes comprehensive solutions for businesses, government, and job seekers alike. America's low unemployment rate overshadows the fact that more that 20 million Americans are still unemployed. Moreover, more than eight million jobs are vacant because employers cannot find qualified candidates. It is projected that if this imbalance between available positions and skills is not quickly addressed, more than 14 million jobs will be vacant by 2020, and that many more people out of work. In Future Jobs, historical economist Edward E. Gordon explains how increasingly complex technologies, global demographic shifts, and outdated education-to-employment systems are converging and may imminently cause a labor-market crisis. How can we ensure that enough people possess the skills necessary to holding the jobs of today and tomorrow? This book points to a solution gaining traction across the United States: Regional Talent Innovation Networks (RETAINs), alliances of businesses, educators, government agencies, and nonprofit organizations that successfully bridge the talent gap. Additionally, it provides information on the most promising jobs and careers of the next decade for early-career job seekers and for workers who are looking to change career paths.

Why the United States lags behind other industrialized countries in sharing the benefits of innovation with workers and how we can remedy the problem. The United States has too many low-quality, low-wage jobs. Every country has its share, but those in the United States are especially poorly paid and often without benefits. Meanwhile, overall productivity increases steadily and new technology has transformed large parts of the economy, enhancing the skills and paychecks of higher paid knowledge workers. What’s wrong with this picture? Why have so many workers benefited so little from decades of growth? The Work of the Future shows that technology is neither the problem nor the solution. We can build better jobs if we create institutions that leverage technological innovation and also support workers though long cycles of technological transformation. Building on findings from the multiyear MIT Task Force on the Work of the Future, the book argues that we must foster institutional innovations that complement technological change. Skills programs that emphasize work-based and hybrid learning (in person and online), for example, empower workers to become and remain productive in a continuously evolving workplace. Industries fueled by new technology that augments workers can supply good jobs, and federal investment in R&D can help make these industries worker-friendly. We must act to ensure that the labor market of the future offers benefits, opportunity, and a measure of economic security to all.

The ways in which vocational education can be strengthened to contribute most effectively to national education and economic goals are the subject of this book. It discusses changes in the economy and in the nature of jobs that affect the skills needed in the workplace; unemployment conditions, particularly among the young; and the educational implications of these changes and conditions. The book takes a critical look at vocational education, evaluating the strengths and weaknesses of the system, and makes specific recommendations for its improvement.

Written by researchers in education and urban policy, this volume offers useful insights into how to provide urban workers with the educational qualifications they need for real world jobs.